How To set your rules up for the IPT Rate change
1. Log in as an admin: 2. Admin>Rule Builder 3 Select your scheme 4 Choose Any Insurer, Any Type and Quotation 5 Click New Rule twice 6 First rule:
Conditions: If Get Result TotalPremium Greater Than 0 Action: Then Set Rate IPT IF([Record.InceptionDate]<#2015-11-01#,6.0,9.5)
7 Second Rule:
Conditions: If Get Result TotalPremium Less Than or Equal To 0 Action: Then Set Rate IPT IF([Policy.InceptionDate]<#2015-11-01#,6.0,9.5)
8 Click the Save icon then the green tick.
9 Move the Status to OnCover and repeat steps 5,6,7 & 8.
Your scheme is now ready for when the new IPT rates gets enforced on the 1st November.