Hi
My client has a requirement of creating Basic Life Insurance Plan that is based on employees' base salary. This is divided into 3 classes with following coverage amount.
In Class1 ( Base < $ 25K ) = 1 x base puls 30K
Class2 ( Base = 25 K to $ 150000) = 1 x base plus 50K
Class 3 ( Base = 150001 and over) = 1 x base upto 1M
My understanding is that system can calculate the coverage amount as any multiple of bases salary, but how can we add a flat amount to it so that coverage amount becomes 1 x Base plus a flat amount.
Any help is appreciated.
Thanks
W