As an enhancement to the Supported Products functionality, FIA Tech has launched Custom rate removal at the agreement rate schedule level. This capability expands on the supported product exemption functionality by allowing brokers to the agreement to un-support any rate line to the agreement. Customization can be done on the rate schedule by:
- Adding a removed rate line back to a rate schedule
- Removing a rate line, regardless of whether or not a rule is set up to remove the row
Editing the Custom Rate Line Removals
Brokers can only modify the rate lines present on the rate schedule for agreements in Composition without any approvals in the Rate Schedule Workstream.
To remove products from the rate schedule, select "Lock & Edit" on the Rate Schedule workstream, then open the rate schedule in Edit mode.
Any rate lines not unsupported through the Product Rate Rules can be removed from the agreement by deselecting the checkbox in the first column of the rate schedule.
Note that the default view of the rate schedule is for all removed rate lines to be hidden. To see all rate lines originally in the rate schedule, including those removed through the supported product rules, select the toggle button next to "Show Removed Rate Lines" to move it to the right.
If the toggle is set to an off state, when a rate line is unsupported using the custom rate line removal functionality, it will disappear from view.
To filter for Supported vs. Unsupported products, the toggle button must be on.
As you save any custom removals, the Overview will be updated to reflect the reason why the rate line has been removed. Currently rate lines can only be removed from the agreement because of an unsupported product setup, or due to a Custom Removal.
Removing Default Rate Lines
If a rate line is flagged as Default = Y, if it is removed, all associated rate lines for any other Execution Types will also be removed. A warning message will be displayed informing of this change.
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