!!!Components for Coverage (B0400-B0480)

The following group of benefit components is available for determining the coverage amount for a benefit plan. A coverage amount is normally used for Life, Accidental Death and Dismemberment, and Pension type plans but may be used when it is deemed necessary to calculate a premium.

''In order to calculate the premium for this plan is a coverage amount needed?''

Yes Go to [B0400|BC-B0400]

No Go to [B0500]

|[B0400|BC-B0400]| Coverage Calculation Method
|[B0410|BC-B0410]| Coverage Factor {optional}
|[B0420|BC-B0420]| Coverage Amount (before caps)
|[B0430|BC-B0430]| Minimum Cap Rule {optional}
|[B0440|BC-B0440]| Maximum Cap Rule {optional}
|[B0450|BC-B0450]| Round Coverage {optional}
|[B0460|BC-B0460]| Benefit Reduction Percentage {optional}
|[B0470|BC-B0470]| Coverage Amount
|[B0480|BC-B0480]| Group Term Life Coverage Total (for U.S. installations only) {optional}
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