--- title: Create an insurance product model description: Create an insurance product model for an insurance policy that is sold to a customer by using the Insurance claims application. The insurance product model defines the product type, which customers that the policy is for, and the coverage specifications. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/financial-services-operations/insurance-claims/creating-an-insurance-product-model.html release: australia product: Insurance Claims classification: insurance-claims topic_type: task last_updated: "2026-03-12" reading_time_minutes: 1 breadcrumb: [Insurance product models, Setting up the policy data for Insurance claims, Configure, Insurance claims, Exploring insurance claims applications, Insurance applications, Financial Services Operations \(FSO\)] --- # Create an insurance product model Create an insurance product model for an insurance policy that is sold to a customer by using the Insurance claims application. The insurance product model defines the product type, which customers that the policy is for, and the coverage specifications. ## Before you begin Role required: admin ## Procedure 1. Navigate to **All** > **System Definition** > **Tables**. 2. In the Label column, search for either the personal insurance model or the commercial insurance model.
**Personal insurance model** Search for and select **Personal lines insurance product model**.
**Commercial insurance model** Search for and select **Commercial lines insurance product model**.
3. On the **Columns** tab, in the Label column, search for and select **Service Type**. 4. Set the application scope in your instance to **Expanded Model and Asset Classes**. 5. On the **Choices** tab, select **New**. 6. On the form, fill in the fields. |Field|Description| |-----|-----------| |Table|Table for either a personal insurance model or a commercial insurance model. You can select **personal insurance model** for a personal lines insurance product or **commercial insurance model** for a commercial lines insurance product,| |Label|Display name of the product insurance model.| |Value|Name of the product insurance model in snake case.| 7. Select one of the following insurance models to navigate to. |Insurance model|Navigation| |---------------|----------| |**Personal insurance model**|Navigate to **All** > **Financial Services Operations** > **Products** > **Personal Insurance Models**.| |**Commercial insurance model**|Navigate to **All** > **Financial Services Operations** > **Products** > **Commercial Insurance Models**.| 8. Select **New**. 9. On the form, fill in the fields. |Field|Description| |-----|-----------| |Name|Name of the insurance product model.| |Product code|Unique identification code for this insurance product.| |Product type|Insurance product type that you created earlier in this procedure.| |Specification|Coverage Specification. For more information, see [Coverage specification](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/financial-services-operations/insurance-claims/coverage-specification.md).| |Short description|Brief description of this product model.| 10. Select **Submit**.