> For the complete documentation index, see [llms.txt](https://docs.centousapps.com/insureful/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.centousapps.com/insureful/app-installation/manage-app-settings/insurance-plan/fixed-plan-by-cart-value.md). # Fixed - Plan by cart value **Purpose:** * **Provide flexibility in insurance charges** – Merchants can define different plans for different spending levels. * **Ensure fairness for customers** – A customer with a smaller cart does not pay the same insurance as someone with a higher cart value. * **Simplify cost calculation** – Instead of complex percentage-based formulas, merchants can assign simple fixed amounts for each price range. * **Encourage higher order value** – Customers may see that by increasing their cart value, they get a better coverage plan, which can improve average order value. ### Steps to configure 1. **Navigate to Insurance Plans Menu**: Go to the Insurance Plans menu from the main menu. 2. **Choose a Fixed Plan**: Click the edit button, select the insurance plan type to "**Fixed**" and plan type to "**Plan by Cart value**" 3. **Select Plan by Cart Value**: Choose the Plan by Cart Value option under Fixed Plan. 4. **View Existing Plans**: You will see the list of created plans in the section below. \ \ \
Choose the Plan by Cart Value and List of Plans 5. **Create a New Plan**: * Click on the **"Add New Plan"** button. * A popup will appear. * Enter the following details: \ 1\. **Plan Name**\ **2. Minimum Amount**\ **3. Maximum Amount**\ **4. Amount for Insurance** * Click the **"Create"** button. * The new plan will appear in the list. **Example Records:**
| Plan Name | Min Amount | Max Amount | Amount | | ------------------- | ---------- | ---------- | ------ | | Below 1000 | 10 | 100 | 5 | | Between 1000 - 2000 | 1000 | 2000 | 100 | | Between 2000 - 5000 | 2000 | 5000 | 250 | **Note:** Based on the **order subtotal**, the app will automatically compare the cart value with the defined **Min and Max ranges**, and then decide which insurance charge to apply.\ This means the insurance cost is **not the same for all orders**, but depends on the cart value range selected. #### Output: