Calculation of Loss - Suggested Distribution

Based upon the Advisory Figures and inuring recovery (described later in this chapter), the system will suggest a distribution of the claim figures to the linked sections. The system will determine the “boundaries” for each linked section, that is the cover amount and excess point, and also determine whether the claim figures should be recalculated. Finally conditions like cost clause, interest clause, franchise deductible, and annual aggregate deductible will impact how the FGU Advisory Figures are distributed. ...