You use the Coverages window to define the amount of coverage available for a plan or an option in plan. Coverage calculations are typically used to determine the coverage offered by an insurance plan but may also include other benefit offerings, such as stock options.

   To define a coverage calculation for a plan:

1. Enter or query the coverage calculation you are defining in the Name field.

2. Select the Type of benefit provided by this plan or option in plan, such as Coverage or Time Off.

3. Choose the General tabbed region if it is not currently selected.

4. Select the Level at which you are creating a coverage calculation.

5. Select the plan or option in plan for which you are defining a coverage calculation in the Compensation Object field.

6. Select a UOM for non-monetary coverage amounts, such as options or shares.

7. Select a Boundary Period that restricts any lower or upper limit coverage amount that you specify to a specific length of time.

8. Check the Max Overridable field if the user can override the maximum coverage amount.

9. Save your work.