Examples
Examples
Try the starting example
- Items: name, category, quantity, replacement $ each
- Laptop,Electronics,1,1000 Ring,Jewellery,1,600
- Supplied total value limit ($)
- 1400
- Category value limits: category, $
- Electronics,1500 Jewellery,500
- Total declared replacement value ($)
- $1,600.00
- Excess above overall entered limit ($)
- $200.00
- Excess above each category limit ($)
- Electronics: 0; Jewellery: 100
- Entered-value comparison
- Exceeds entered value limits
Try another scenario
- Items: name, category, quantity, replacement $ each
- Laptop,Electronics,1,1000 Ring,Jewellery,1,600
- Supplied total value limit ($)
- 2000
- Category value limits: category, $
- Electronics,1500 Jewellery,1000
- Total declared replacement value ($)
- $1,600.00
- Excess above overall entered limit ($)
- $0.00
- Excess above each category limit ($)
- Electronics: 0; Jewellery: 0
- Entered-value comparison
- Within entered value limits
Calculation method
Calculation method
Total declared replacement value ($)
Sum quantity × replacement value across items.
Excess above overall entered limit ($)
max(0, declared total − entered overall limit).
Excess above each category limit ($)
For each entered category limit, max(0, category declared value − its limit). Gaps can overlap with the overall gap and must not be added.
Entered-value comparison
Within entered value limits only when both overall and all entered category excesses are zero.
Symbols and units
- a
- Items: name, category, quantity, replacement $ each
- b
- Supplied total value limit ($)
- c
- Category value limits: category, $
Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.
Assumptions & limits
Assumptions & limits
- An entered-value comparison, not a coverage opinion, appraisal or reimbursement estimate. Policy terms, exclusions, valuation bases and overlapping limits are not interpreted; all category limits must be supplied.
Are these inputs private?
These calculations run in your browser. A shared link contains the values you choose to share. Only questions submitted to the separate AI finder are sent to OpenAI.
Further reading
OpenStax: arithmetic and geometry ↗
Background reading; this does not imply endorsement or independent review of SumFizz.