Loss Of Use Additional Living Expense Daily Calculator

Reconcile actual displacement spending less ordinary spending only for caller independently eligible days, capped by remaining ALE; not total hotel spending or universal coverage duration.

Description

Additional living expense compares displaced spending with normal spending for independently eligible days.

Additional living expense compares displaced spending with normal spending for independently eligible days. A remaining limit caps the pooled incremental amount.^[1]

The returned values include Eligible additional living cost minor by day, Caller modeled ale payment minor. The How section below explains the calculation, input rules and interpretation.

When to use Loss Of Use Additional Living Expense Daily Calculator

Use Loss Of Use Additional Living Expense Daily Calculator when you need to evaluate the supplied records under the calculation and evidence rules below. No total-hotel-cost reimbursement, automatic eligibility or universal duration is supplied.

Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.

How to use Loss Of Use Additional Living Expense Daily Calculator and understand its results

Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.
Enter observedDisplacedDailySpendMinor, callerNormalDailySpendMinor, callerIndependentlyEligibleDayFlags, callerRemainingAleLimitMinor using the field table and calculation rules, then run the tool.
Read eligibleAdditionalLivingCostMinorByDay, callerModeledAlePaymentMinor. The explanation below defines the units, signs, ordering and any flags or placeholder values.
If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.

Input field	Meaning	Value type; see rules below	Requirement
observedDisplacedDailySpendMinor	Observed displaced daily spend minor	list of number	Required
callerNormalDailySpendMinor	Caller normal daily spend minor	list of number	Required
callerIndependentlyEligibleDayFlags	Caller independently eligible day flags	list of number	Required
callerRemainingAleLimitMinor	Caller remaining ale limit minor	number	Required

Enter aligned nonempty integer spending lists 0–10¹² and binary eligibility flags, plus integer remaining limit 0–10¹². Return eligible daily increments and capped modeled payment.

additional_i=eligible_i?max(0,displaced_i−normal_i):0; payment=min(remainingLimit,sum(additional))

Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.

Output field	Meaning	Value type
eligibleAdditionalLivingCostMinorByDay	Eligible additional living cost minor by day	list of number
callerModeledAlePaymentMinor	Caller modeled ale payment minor	number

json

{
  "input": {
    "observedDisplacedDailySpendMinor": [
      2000,
      3000
    ],
    "callerNormalDailySpendMinor": [
      1000,
      1000
    ],
    "callerIndependentlyEligibleDayFlags": [
      1,
      0
    ],
    "callerRemainingAleLimitMinor": 5000
  },
  "output": {
    "eligibleAdditionalLivingCostMinorByDay": [
      1000,
      0
    ],
    "callerModeledAlePaymentMinor": 1000
  }
}

Limitations and assumptions

No total-hotel-cost reimbursement, automatic eligibility or universal duration is supplied.

Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Numeric lists are limited to 10,000 entries; string lists to 128 strings of at most 128 characters each. The rules above may impose smaller limits. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.

Alternative or Complementary methods

Use Water Backup Endorsement Limit Checker: A water-backup endorsement may have a term limit already partly consumed. The current deductible reduces eligible loss before remaining-limit application. For a complementary task, use GL Per Occurrence vs Aggregate Checker: Per-occurrence and aggregate limits constrain different dimensions of GL cover. Chronological routing exposes aggregate exhaustion.

References

Loss Of Use Additional Living Expense Daily Calculator — tool.io

Similar or alternative tools

Water Backup Endorsement Limit Checker
A water-backup endorsement may have a term limit already partly consumed. The current deductible reduces eligible loss before remaining-limit application.
GL Per Occurrence vs Aggregate Checker
Per-occurrence and aggregate limits constrain different dimensions of GL cover. Chronological routing exposes aggregate exhaustion.