Rating is just one of the many uses of BindExpress Rating, and is also a great application for learning the tool. 
   The first step in BindExpress Rating modeling is to create a "catalog" of rating components, answering three questions:
   1) What Objects are to be insured?
   2) What Events are to be insured against?
   3) What are the Benefits paid if the Event happens?
         For example, a Personal Auto product might include an  Object to be insured,   as one of the Events to be covered, and 

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as one of the Benefits to be paid  if an Event happens.
    Using a simple drag-and-drop procedure, modelers create a product tree, which logically describes how the components interrelate. 
 

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