Demonstrates a simple third-party motor vehicle insurance example that uses a combination of rule formats to represent the underwriting rules.

Using either the Interactive Inputs from the table below or your own set of choices, enter values for the following :

• Vehicle Type - insurance premiums vary based on the vehicle type such as sedans, utilities, and motorcycles
• Engine Capacity - insurance premiums increase for vehicles with larger engines
• Insurance Date - insurance premiums may vary across time
• Applicant Status - Discounts are provided for applicants such as pensioners and primaryt producers (farmers)

The Base Premium will be calculated from these three inputs. A discount may be applied depending on the Status of the applicant.

Press the Perform button or change one of the inputs to calculate the Insurance Premium. The intermediate values of Base Premium and Discount percentage will be displayed along with the Insurance Premium.