MANAGE COVERAGE OPTIONS

Use this screen to set up coverage options and codes that identify who or what is covered by a particular benefit plan. Examples of coverage options include family medical, employee-only medical, dependent life insurance, and so on. These codes will be assigned to a benefit plan. You must also set up a deduction record on the Manage Deductions screen for each coverage option that you enter on this table.

Enter the codes and descriptions for the coverage options you plan to use before setting up benefit plans. However, you can add to the Coverage Options table at any time, and you can establish an unlimited number of records.

Location

Coverage Option Code

After you select the button on the toolbar, enter a unique code to identify this coverage option.

Name

Enter a name or description for the coverage option.

Base/Rider Code

From the drop-down list, select the coverage option. Valid options are:

If this coverage option is a base coverage, select B - Base Coverage. If this coverage option is a rider to base coverage, select R - Rider to Base. For example, basic life insurance is a base coverage. The accidental death insurance is a rider to the basic life insurance.