@etherisc/gif-next 0.0.2-2a59cd5-352 → 0.0.2-2aa1035-611

package/contracts/instance/service/PolicyService.sol

@@ -2,45 +2,42 @@
 pragma solidity ^0.8.19;
 
 import {IRegistry} from "../../registry/IRegistry.sol";
-import {IProductComponent} from "../../components/IProductComponent.sol";
 import {Product} from "../../components/Product.sol";
-import {IPoolComponent} from "../../components/IPoolComponent.sol";
+import {IComponents} from "../module/IComponents.sol";
 import {IDistributionComponent} from "../../components/IDistributionComponent.sol";
 import {IInstance} from "../IInstance.sol";
 import {IPolicy} from "../module/IPolicy.sol";
+import {IPoolComponent} from "../../components/IPoolComponent.sol";
 import {IRisk} from "../module/IRisk.sol";
 import {IBundle} from "../module/IBundle.sol";
-import {IProductService} from "./IProductService.sol";
-import {ITreasury} from "../module/ITreasury.sol";
 import {ISetup} from "../module/ISetup.sol";
 
 import {TokenHandler} from "../../shared/TokenHandler.sol";
 
-import {IVersionable} from "../../shared/IVersionable.sol";
-import {Versionable} from "../../shared/Versionable.sol";
-
+import {Amount, AmountLib} from "../../types/Amount.sol";
+import {ClaimId, ClaimIdLib} from "../../types/ClaimId.sol";
 import {Timestamp, TimestampLib, zeroTimestamp} from "../../types/Timestamp.sol";
 import {UFixed, UFixedLib} from "../../types/UFixed.sol";
-import {Blocknumber, blockNumber} from "../../types/Blocknumber.sol";
-import {ObjectType, INSTANCE, PRODUCT, POOL, POLICY, BUNDLE} from "../../types/ObjectType.sol";
-import {APPLIED, UNDERWRITTEN, ACTIVE, KEEP_STATE, CLOSED} from "../../types/StateId.sol";
-import {NftId, NftIdLib, zeroNftId} from "../../types/NftId.sol";
-import {Fee, FeeLib} from "../../types/Fee.sol";
-import {ReferralId} from "../../types/Referral.sol";
-import {RiskId} from "../../types/RiskId.sol";
+import {ObjectType, APPLICATION, DISTRIBUTION, PRODUCT, POOL, POLICY, BUNDLE, CLAIM, PRICE} from "../../types/ObjectType.sol";
+import {APPLIED, COLLATERALIZED, ACTIVE, KEEP_STATE, CLOSED, DECLINED, CONFIRMED} from "../../types/StateId.sol";
+import {NftId, NftIdLib} from "../../types/NftId.sol";
+import {PayoutId, PayoutIdLib} from "../../types/PayoutId.sol";
 import {StateId} from "../../types/StateId.sol";
-import {Version, VersionLib} from "../../types/Version.sol";
-//import {RoleId, PRODUCT_OWNER_ROLE} from "../../types/RoleId.sol";
+import {VersionPart} from "../../types/Version.sol";
 
-import {IService} from "../../shared/IService.sol";
-import {Service} from "../../shared/Service.sol";
 import {ComponentService} from "../base/ComponentService.sol";
-import {IPolicyService} from "./IPolicyService.sol";
+import {IApplicationService} from "./IApplicationService.sol";
+import {IBundleService} from "./IBundleService.sol";
+import {IClaimService} from "./IClaimService.sol";
+import {IDistributionService} from "./IDistributionService.sol";
 import {InstanceReader} from "../InstanceReader.sol";
+import {IPolicyService} from "./IPolicyService.sol";
 import {IPoolService} from "./IPoolService.sol";
-import {IBundleService} from "./IBundleService.sol";
-
+import {IPricingService} from "./IPricingService.sol";
+import {IService} from "../../shared/IService.sol";
+import {Service} from "../../shared/Service.sol";
 
+// TODO move some functions into claim service
 contract PolicyService is
     ComponentService, 
     IPolicyService
@@ -48,8 +45,12 @@ contract PolicyService is
     using NftIdLib for NftId;
     using TimestampLib for Timestamp;
 
-    IPoolService internal _poolService;
+    IApplicationService internal _applicationService;
     IBundleService internal _bundleService;
+    IClaimService internal _claimService;
+    IDistributionService internal _distributionService;
+    IPoolService internal _poolService;
+    IPricingService internal _pricingService;
 
     event LogProductServiceSender(address sender);
 
@@ -58,212 +59,38 @@ contract PolicyService is
         bytes memory data
     )
         internal
-        initializer
         virtual override
+        initializer
     {
         address registryAddress;
         address initialOwner;
         (registryAddress, initialOwner) = abi.decode(data, (address, address));
 
-        initializeService(registryAddress, owner);
+        initializeService(registryAddress, address(0), owner);
 
-        _poolService = IPoolService(getRegistry().getServiceAddress(POOL(), getMajorVersion()));
-        _bundleService = IBundleService(getRegistry().getServiceAddress(BUNDLE(), getMajorVersion()));
+        VersionPart majorVersion = getVersion().toMajorPart();
+        _poolService = IPoolService(getRegistry().getServiceAddress(POOL(), majorVersion));
+        _bundleService = IBundleService(getRegistry().getServiceAddress(BUNDLE(), majorVersion));
+        _claimService = IClaimService(getRegistry().getServiceAddress(CLAIM(), majorVersion));
+        _applicationService = IApplicationService(getRegistry().getServiceAddress(APPLICATION(), majorVersion));
+        _distributionService = IDistributionService(getRegistry().getServiceAddress(DISTRIBUTION(), majorVersion));
+        _pricingService = IPricingService(getRegistry().getServiceAddress(PRICE(), majorVersion));
 
         registerInterface(type(IPolicyService).interfaceId);
     }
 
 
-    function getDomain() public pure override(IService, Service) returns(ObjectType) {
+    function getDomain() public pure override returns(ObjectType) {
         return POLICY();
     }
 
 
     function _getAndVerifyInstanceAndProduct() internal view returns (Product product) {
         IRegistry.ObjectInfo memory productInfo;
-        (productInfo,) = _getAndVerifyComponentInfoAndInstance(PRODUCT());
+        (, productInfo,) = _getAndVerifyCallingComponentAndInstance(PRODUCT());
         product = Product(productInfo.objectAddress);
     }
 
-    // TODO: no access restrictions
-    function calculatePremium(
-        RiskId riskId,
-        uint256 sumInsuredAmount,
-        uint256 lifetime,
-        bytes memory applicationData,
-        NftId bundleNftId,
-        ReferralId referralId
-    )
-        public
-        view 
-        virtual override
-        returns (
-            uint256 premiumAmount,
-            uint256 productFeeAmount,
-            uint256 poolFeeAmount,
-            uint256 bundleFeeAmount,
-            uint256 distributionFeeAmount
-        )
-    {
-        Product product = _getAndVerifyInstanceAndProduct();
-        uint256 netPremiumAmount = product.calculateNetPremium(
-            sumInsuredAmount,
-            riskId,
-            lifetime,
-            applicationData
-        );
-
-        (
-            productFeeAmount,
-            poolFeeAmount,
-            bundleFeeAmount,
-            distributionFeeAmount
-        ) = _calculateFeeAmounts(
-            netPremiumAmount,
-            product,
-            bundleNftId,
-            referralId
-        );
-
-        premiumAmount = netPremiumAmount + productFeeAmount;
-        premiumAmount += poolFeeAmount + bundleFeeAmount;
-        premiumAmount += distributionFeeAmount;
-    }
-
-    function _calculateFeeAmounts(
-        uint256 netPremiumAmount,
-        Product product,
-        NftId bundleNftId,
-        ReferralId referralId
-    )
-        internal
-        view
-        returns (
-            uint256 productFeeAmount,
-            uint256 poolFeeAmount,
-            uint256 bundleFeeAmount,
-            uint256 distributionFeeAmount
-        )
-    {
-        InstanceReader instanceReader;
-        {
-            IInstance instance = product.getInstance();
-            instanceReader = instance.getInstanceReader();
-        }
-        
-        NftId poolNftId = product.getPoolNftId();
-        IBundle.BundleInfo memory bundleInfo = instanceReader.getBundleInfo(bundleNftId);
-        require(bundleInfo.poolNftId == poolNftId,"ERROR:PRS-035:BUNDLE_POOL_MISMATCH");
-
-        {
-            ISetup.ProductSetupInfo memory productSetupInfo = instanceReader.getProductSetupInfo(product.getProductNftId());
-            (productFeeAmount,) = FeeLib.calculateFee(productSetupInfo.productFee, netPremiumAmount);
-        }
-        {
-            ISetup.PoolSetupInfo memory poolSetupInfo = instanceReader.getPoolSetupInfo(poolNftId);
-            (poolFeeAmount,) = FeeLib.calculateFee(poolSetupInfo.poolFee, netPremiumAmount);
-        }
-        {
-            NftId distributionNftId = product.getDistributionNftId();
-            ISetup.DistributionSetupInfo memory distributionSetupInfo = instanceReader.getDistributionSetupInfo(distributionNftId);
-            (distributionFeeAmount,) = FeeLib.calculateFee(distributionSetupInfo.distributionFee, netPremiumAmount);
-        }
-        
-        (bundleFeeAmount,) = FeeLib.calculateFee(bundleInfo.fee, netPremiumAmount);
-    }
-
-
-    function createApplication(
-        address applicationOwner,
-        RiskId riskId,
-        uint256 sumInsuredAmount,
-        uint256 lifetime,
-        bytes memory applicationData,
-        NftId bundleNftId,
-        ReferralId referralId
-    )
-        external 
-        virtual override
-        returns (NftId policyNftId)
-    {
-        (IRegistry.ObjectInfo memory productInfo, IInstance instance) = _getAndVerifyComponentInfoAndInstance(PRODUCT());
-        // TODO: add validations (see create bundle in pool service)
-
-        policyNftId = getRegistryService().registerPolicy(
-            IRegistry.ObjectInfo(
-                zeroNftId(),
-                productInfo.nftId,
-                POLICY(),
-                false, // intercepting property for policies is defined on product
-                address(0),
-                applicationOwner,
-                ""
-            )
-        );
-
-        (uint256 premiumAmount,,,,) = calculatePremium(
-            riskId,
-            sumInsuredAmount,
-            lifetime,
-            applicationData,
-            bundleNftId,
-            referralId
-        );
-
-        IPolicy.PolicyInfo memory policyInfo = IPolicy.PolicyInfo(
-            productInfo.nftId,
-            bundleNftId,
-            referralId,
-            riskId,
-            sumInsuredAmount,
-            premiumAmount,
-            0,
-            lifetime,
-            applicationData,
-            "",
-            0,
-            0,
-            0,
-            zeroTimestamp(),
-            zeroTimestamp(),
-            zeroTimestamp()
-        );
-        
-        instance.createPolicy(policyNftId, policyInfo);
-        instance.updatePolicyState(policyNftId, APPLIED());
-
-        // TODO: add logging
-    }
-
-    function _getAndVerifyUnderwritingSetup(
-        IInstance instance,
-        InstanceReader instanceReader,
-        IPolicy.PolicyInfo memory policyInfo,
-        ISetup.ProductSetupInfo memory productSetupInfo
-    )
-        internal
-        view
-        returns (
-            NftId poolNftId,
-            NftId bundleNftId,
-            IBundle.BundleInfo memory bundleInfo,
-            uint256 collateralAmount
-        )
-    {
-        // check match between policy and bundle (via pool)
-        poolNftId = productSetupInfo.poolNftId;
-        bundleNftId = policyInfo.bundleNftId;
-        bundleInfo = instanceReader.getBundleInfo(bundleNftId);
-        require(bundleInfo.poolNftId == poolNftId, "POLICY_BUNDLE_MISMATCH");
-
-        // calculate required collateral
-        ISetup.PoolSetupInfo memory poolInfo = instanceReader.getPoolSetupInfo(poolNftId);
-
-        // obtain remaining return values
-        // TODO required collateral amount should be calculated by pool service, not policy service
-        collateralAmount = calculateRequiredCollateral(poolInfo.collateralizationLevel, policyInfo.sumInsuredAmount);
-    }
-
 
     function decline(
         NftId policyNftId
@@ -271,12 +98,12 @@ contract PolicyService is
         external
         override
     {
-        require(false, "ERROR:PRS-235:NOT_YET_IMPLEMENTED");
+        revert();
     }
 
 
     /// @dev underwites application which includes the locking of the required collateral from the pool.
-    function underwrite(
+    function collateralize(
         NftId applicationNftId, // = policyNftId
         bool requirePremiumPayment,
         Timestamp activateAt
@@ -285,42 +112,30 @@ contract PolicyService is
         virtual override
     {
         // check caller is registered product
-        IInstance instance;
-        InstanceReader instanceReader;
-        NftId productNftId;
-        {
-            IRegistry.ObjectInfo memory productInfo;
-            (productInfo, instance) = _getAndVerifyComponentInfoAndInstance(PRODUCT());
-            instanceReader = instance.getInstanceReader();
-            productNftId = productInfo.nftId;
-        }
+        (NftId productNftId,, IInstance instance) = _getAndVerifyCallingComponentAndInstance(PRODUCT());
+        InstanceReader instanceReader = instance.getInstanceReader();
 
         // check policy matches with calling product
-        IPolicy.PolicyInfo memory policyInfo = instanceReader.getPolicyInfo(applicationNftId);
-        require(policyInfo.productNftId == productNftId, "POLICY_PRODUCT_MISMATCH");
+        IPolicy.PolicyInfo memory applicationInfo = instanceReader.getPolicyInfo(applicationNftId);
+        if(applicationInfo.productNftId != productNftId) {
+            revert ErrorPolicyServicePolicyProductMismatch(
+                applicationNftId, 
+                applicationInfo.productNftId, 
+                productNftId);
+        }
 
         // check policy is in state applied
-        require(instanceReader.getPolicyState(applicationNftId) == APPLIED(), "ERROR:PRS-021:STATE_NOT_APPLIED");
-        
-        (
-            NftId poolNftId,
-            NftId bundleNftId,
-            IBundle.BundleInfo memory bundleInfo,
-            uint256 collateralAmount
-        ) = _getAndVerifyUnderwritingSetup(
-            instance,
-            instanceReader,
-            policyInfo,
-            instanceReader.getProductSetupInfo(productNftId)
-        );
+        if (instanceReader.getPolicyState(applicationNftId) != APPLIED()) {
+            revert ErrorPolicyServicePolicyStateNotApplied(applicationNftId);
+        }
         
-        StateId newPolicyState = UNDERWRITTEN();
+        StateId newPolicyState = COLLATERALIZED();
 
         // optional activation of policy
         if(activateAt > zeroTimestamp()) {
             newPolicyState = ACTIVE();
-            policyInfo.activatedAt = activateAt;
-            policyInfo.expiredAt = activateAt.addSeconds(policyInfo.lifetime);
+            applicationInfo.activatedAt = activateAt;
+            applicationInfo.expiredAt = activateAt.addSeconds(applicationInfo.lifetime);
         }
 
         // lock bundle collateral
@@ -330,44 +145,26 @@ contract PolicyService is
         if(requirePremiumPayment) {
             netPremiumAmount = _processPremiumByTreasury(
                 instance, 
-                productNftId,
                 applicationNftId, 
-                policyInfo.premiumAmount);
+                applicationInfo.premiumAmount);
 
-            policyInfo.premiumPaidAmount += policyInfo.premiumAmount;
+            applicationInfo.premiumPaidAmount += applicationInfo.premiumAmount;
         }
 
-        // lock collateral and update bundle book keeping
-        // TODO introduct indirection via pool service?
-        // well pool would only need to be involved when a part of the collateral
-        // is provided by a "re insurance policy" of the pool
-        // but then again the policiy would likely best be attached to the bundle. really? why?
-        // retention level: fraction of sum insured that product will cover from pool funds directly
+        // store updated policy info
+        instance.getInstanceStore().updatePolicy(applicationNftId, applicationInfo, newPolicyState);
+
+        // lock collateral and update pool and bundle book keeping
+        // pool retention level: fraction of sum insured that product will cover from pool funds directly
         // eg retention level 30%, payouts up to 30% of the sum insured will be made from the product's pool directly
         // for the remaining 70% the pool owns a policy that will cover claims that exceed the 30% of the sum insured
-        // open points:
-        // - do we need a link of a bundle to this policy or is it enough to know that the pool has an active policy?
-        // - when to buy such policies and for which amount? manual trigger or link to bundle creation and/or funding?
-        bundleInfo = _bundleService.lockCollateral(
+        // might also call pool component (for isVerifyingApplications pools)
+        _poolService.lockCollateral(
             instance,
+            productNftId,
             applicationNftId, 
-            bundleNftId,
-            collateralAmount,
-            netPremiumAmount);
-
-        instance.updatePolicy(applicationNftId, policyInfo, newPolicyState);
-
-        // also verify/confirm application by pool if necessary
-        if(instanceReader.getPoolSetupInfo(poolNftId).isVerifyingApplications) {
-            IPoolComponent pool = IPoolComponent(
-                getRegistry().getObjectInfo(poolNftId).objectAddress);
-
-            pool.verifyApplication(
-                applicationNftId, 
-                policyInfo.applicationData, 
-                bundleInfo.filter,
-                collateralAmount);
-        }
+            applicationInfo,
+            netPremiumAmount); // for pool book keeping (fee + additional capital)
 
         // TODO: add logging
     }
@@ -381,7 +178,7 @@ contract PolicyService is
 
     function collectPremium(NftId policyNftId, Timestamp activateAt) external override {
         // check caller is registered product
-        (IRegistry.ObjectInfo memory productInfo, IInstance instance) = _getAndVerifyComponentInfoAndInstance(PRODUCT());
+        (NftId productNftId,, IInstance instance) = _getAndVerifyCallingComponentAndInstance(PRODUCT());
         InstanceReader instanceReader = instance.getInstanceReader();
         IPolicy.PolicyInfo memory policyInfo = instanceReader.getPolicyInfo(policyNftId);
 
@@ -393,14 +190,13 @@ contract PolicyService is
 
         uint256 netPremiumAmount = _processPremiumByTreasury(
                 instance, 
-                productInfo.nftId,
                 policyNftId, 
                 unpaidPremiumAmount);
 
         policyInfo.premiumPaidAmount += unpaidPremiumAmount;
 
         _bundleService.increaseBalance(instance, policyInfo.bundleNftId, netPremiumAmount);
-        instance.updatePolicy(policyNftId, policyInfo, KEEP_STATE());
+        instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, KEEP_STATE());
 
         if(activateAt.gtz() && policyInfo.activatedAt.eqz()) {
             activate(policyNftId, activateAt);
@@ -411,7 +207,7 @@ contract PolicyService is
 
     function activate(NftId policyNftId, Timestamp activateAt) public override {
         // check caller is registered product
-        (, IInstance instance) = _getAndVerifyComponentInfoAndInstance(PRODUCT());
+        (,, IInstance instance) = _getAndVerifyCallingComponentAndInstance(PRODUCT());
         InstanceReader instanceReader = instance.getInstanceReader();
 
         IPolicy.PolicyInfo memory policyInfo = instanceReader.getPolicyInfo(policyNftId);
@@ -423,16 +219,29 @@ contract PolicyService is
         policyInfo.activatedAt = activateAt;
         policyInfo.expiredAt = activateAt.addSeconds(policyInfo.lifetime);
 
-        instance.updatePolicy(policyNftId, policyInfo, ACTIVE());
+        instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, ACTIVE());
 
         // TODO: add logging
     }
 
+
+    function expire(
+        NftId policyNftId
+    )
+        external
+        override
+        // solhint-disable-next-line no-empty-blocks
+    {
+        
+    }
+
     function close(
         NftId policyNftId
-    ) external override // solhint-disable-next-line no-empty-blocks
+    )
+        external 
+        override
     {
-        (, IInstance instance) = _getAndVerifyComponentInfoAndInstance(PRODUCT());
+        (,, IInstance instance) = _getAndVerifyCallingComponentAndInstance(PRODUCT());
         InstanceReader instanceReader = instance.getInstanceReader();
 
         IPolicy.PolicyInfo memory policyInfo = instanceReader.getPolicyInfo(policyNftId);
@@ -450,6 +259,7 @@ contract PolicyService is
             revert ErrorIPolicyServicePolicyAlreadyClosed(policyNftId);
         }
 
+        // TODO consider to allow for underpaid premiums (with the effects of reducing max payouts accordingly)
         if (policyInfo.premiumAmount != policyInfo.premiumPaidAmount) {
             revert ErrorIPolicyServicePremiumNotFullyPaid(policyNftId, policyInfo.premiumAmount, policyInfo.premiumPaidAmount);
         }
@@ -458,14 +268,215 @@ contract PolicyService is
             revert ErrorIPolicyServiceOpenClaims(policyNftId, policyInfo.openClaimsCount);
         }
 
-        if (TimestampLib.blockTimestamp().lte(policyInfo.expiredAt) && (policyInfo.payoutAmount < policyInfo.sumInsuredAmount)) {
-            revert ErrorIPolicyServicePolicyHasNotExpired(policyNftId, policyInfo.expiredAt);
+        policyInfo.closedAt = TimestampLib.blockTimestamp();
+
+        _poolService.releaseCollateral(
+            instance, 
+            policyNftId, 
+            policyInfo);
+
+        instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, CLOSED());
+    }
+
+    function submitClaim(
+        NftId policyNftId, 
+        Amount claimAmount,
+        bytes memory claimData
+    )
+        external
+        virtual
+        returns (ClaimId claimId)
+    {
+        (
+            IInstance instance,
+            InstanceReader instanceReader,
+            IPolicy.PolicyInfo memory policyInfo
+        ) = _verifyCallerWithPolicy(policyNftId);
+
+        // check policy is in its active period
+        if(policyInfo.activatedAt.eqz() || TimestampLib.blockTimestamp() >= policyInfo.expiredAt) {
+            revert ErrorPolicyServicePolicyNotOpen(policyNftId);
+        }
+
+        // check policy including this claim is still within sum insured
+        if(policyInfo.payoutAmount.toInt() + claimAmount.toInt() > policyInfo.sumInsuredAmount) {
+            revert ErrorPolicyServiceClaimExceedsSumInsured(
+                policyNftId, 
+                AmountLib.toAmount(policyInfo.sumInsuredAmount), 
+                AmountLib.toAmount(policyInfo.payoutAmount.toInt() + claimAmount.toInt()));
         }
 
-        policyInfo.closedAt = TimestampLib.blockTimestamp();
+        // create new claim
+        claimId = ClaimIdLib.toClaimId(policyInfo.claimsCount + 1);
+        _claimService.submit(instance, policyNftId, claimId, claimAmount, claimData);
+
+        // update and save policy info with instance
+        policyInfo.claimsCount += 1;
+        policyInfo.openClaimsCount += 1;
+        instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, KEEP_STATE());
+
+        emit LogPolicyServiceClaimSubmitted(policyNftId, claimId, claimAmount);
+    }
+
+    function confirmClaim(
+        NftId policyNftId, 
+        ClaimId claimId,
+        Amount confirmedAmount
+    )
+        external
+    {
+        (
+            IInstance instance,
+            InstanceReader instanceReader,
+            IPolicy.PolicyInfo memory policyInfo
+        ) = _verifyCallerWithPolicy(policyNftId);
+
+        // check/update claim info
+        _claimService.confirm(instance, instanceReader, policyNftId, claimId, confirmedAmount);
+
+        // update and save policy info with instance
+        instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, CONFIRMED());
+
+        emit LogPolicyServiceClaimConfirmed(policyNftId, claimId, confirmedAmount);
+    }
+
+    function declineClaim(
+        NftId policyNftId, 
+        ClaimId claimId
+    )
+        external
+    {
+        (
+            IInstance instance,
+            InstanceReader instanceReader,
+            IPolicy.PolicyInfo memory policyInfo
+        ) = _verifyCallerWithPolicy(policyNftId);
+
+        // check/update claim info
+        _claimService.decline(instance, instanceReader, policyNftId, claimId);
+
+        // update and save policy info with instance
+        policyInfo.openClaimsCount -= 1;
+        instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, KEEP_STATE());
+
+        emit LogPolicyServiceClaimDeclined(policyNftId, claimId);
+    }
+
+    function closeClaim(
+        NftId policyNftId, 
+        ClaimId claimId
+    )
+        external
+    {
+        (
+            IInstance instance,
+            InstanceReader instanceReader,
+            IPolicy.PolicyInfo memory policyInfo
+        ) = _verifyCallerWithPolicy(policyNftId);
+
+        // check/update claim info
+        _claimService.close(instance, instanceReader, policyNftId, claimId);
+
+        // update and save policy info with instance
+        policyInfo.openClaimsCount -= 1;
+        instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, KEEP_STATE());
 
-        _bundleService.closePolicy(instance, policyNftId, policyInfo.bundleNftId, policyInfo.sumInsuredAmount);
-        instance.updatePolicy(policyNftId, policyInfo, CLOSED());
+        emit LogPolicyServiceClaimClosed(policyNftId, claimId);
+    }
+
+    function createPayout(
+        NftId policyNftId, 
+        ClaimId claimId,
+        Amount amount,
+        bytes memory data
+    )
+        external
+        returns (PayoutId payoutId)
+    {
+        (
+            IInstance instance,
+            InstanceReader instanceReader,
+            IPolicy.PolicyInfo memory policyInfo
+        ) = _verifyCallerWithPolicy(policyNftId);
+
+        IPolicy.ClaimInfo memory claimInfo = instanceReader.getClaimInfo(policyNftId, claimId);
+        StateId claimState = instanceReader.getClaimState(policyNftId, claimId);
+
+        // TODO add checks
+        // claim needs to be open
+        // claim.paidAmount + amount <= claim.claimAmount
+
+        // check/update claim info
+        uint8 claimNo = claimInfo.payoutsCount + 1;
+        payoutId = PayoutIdLib.toPayoutId(claimId, claimNo);
+        _claimService.createPayout(
+            instance, 
+            policyNftId, 
+            payoutId,
+            amount,
+            data);
+
+        // update and save policy info with instance
+        policyInfo.payoutAmount.add(amount);
+        instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, KEEP_STATE());
+
+        emit LogPolicyServicePayoutCreated(policyNftId, payoutId, amount);
+    }
+
+    function processPayout(
+        NftId policyNftId, 
+        PayoutId payoutId
+    )
+        external
+    {
+        (
+            IInstance instance,
+            InstanceReader instanceReader,
+            IPolicy.PolicyInfo memory policyInfo
+        ) = _verifyCallerWithPolicy(policyNftId);
+
+        // check/update claim info
+        (
+            Amount amount,
+            bool payoutIsClosingClaim
+        ) = _claimService.processPayout(
+            instance, 
+            instanceReader, 
+            policyNftId, 
+            payoutId);
+
+        // update policy info if affected by processed payout
+        // last payout is processed, claim is fufilled
+        if(payoutIsClosingClaim) {
+            policyInfo.openClaimsCount -= 1;
+            // TODO if(policyInfo.openClaimsCount == 0)
+            instance.getInstanceStore().updatePolicy(policyNftId, policyInfo, KEEP_STATE());
+        }
+
+        emit LogPolicyServicePayoutProcessed(policyNftId, payoutId, amount);
+    }
+
+    function _verifyCallerWithPolicy(
+        NftId policyNftId
+    )
+        internal
+        returns (
+            IInstance instance,
+            InstanceReader instanceReader,
+            IPolicy.PolicyInfo memory policyInfo
+        )
+    {
+        NftId productNftId;
+        (productNftId,, instance) = _getAndVerifyCallingComponentAndInstance(PRODUCT());
+        instanceReader = instance.getInstanceReader();
+
+        // check caller(product) policy match
+        policyInfo = instanceReader.getPolicyInfo(policyNftId);
+        if(policyInfo.productNftId != productNftId) {
+            revert ErrorPolicyServicePolicyProductMismatch(policyNftId, 
+            policyInfo.productNftId, 
+            productNftId);
+        }
     }
 
     function _getPoolNftId(
@@ -484,41 +495,83 @@ contract PolicyService is
 
     function _processPremiumByTreasury(
         IInstance instance,
-        NftId productNftId,
         NftId policyNftId,
-        uint256 premiumAmount
+        uint256 premiumExpectedAmount
     )
         internal
         returns (uint256 netPremiumAmount)
     {
         // process token transfer(s)
-        if(premiumAmount > 0) {
-            ISetup.ProductSetupInfo memory productSetupInfo = instance.getInstanceReader().getProductSetupInfo(productNftId);
-            TokenHandler tokenHandler = productSetupInfo.tokenHandler;
-            address policyOwner = getRegistry().ownerOf(policyNftId);
-            ISetup.PoolSetupInfo memory poolSetupInfo = instance.getInstanceReader().getPoolSetupInfo(productSetupInfo.poolNftId);
-            address poolWallet = poolSetupInfo.wallet;
-            netPremiumAmount = premiumAmount;
-            Fee memory productFee = productSetupInfo.productFee;
-
-            if (FeeLib.feeIsZero(productFee)) {
-                tokenHandler.transfer(
-                    policyOwner,
-                    poolWallet,
-                    premiumAmount
-                );
-            } else {
-                (uint256 productFeeAmount, uint256 netAmount) = FeeLib.calculateFee(productSetupInfo.productFee, netPremiumAmount);
-                address productWallet = productSetupInfo.wallet;
-                if (tokenHandler.getToken().allowance(policyOwner, address(tokenHandler)) < premiumAmount) {
-                    revert ErrorIPolicyServiceInsufficientAllowance(policyOwner, address(tokenHandler), premiumAmount);
-                }
-                tokenHandler.transfer(policyOwner, productWallet, productFeeAmount);
-                tokenHandler.transfer(policyOwner, poolWallet, netAmount);
-                netPremiumAmount = netAmount;
+        if(premiumExpectedAmount == 0) {
+            return 0;
+        }
+
+        NftId productNftId = getRegistry().getObjectInfo(policyNftId).parentNftId;
+        IPolicy.PolicyInfo memory policyInfo = instance.getInstanceReader().getPolicyInfo(policyNftId);
+        IPolicy.Premium memory premium = _pricingService.calculatePremium(
+            productNftId,
+            policyInfo.riskId,
+            policyInfo.sumInsuredAmount,
+            policyInfo.lifetime,
+            policyInfo.applicationData,
+            policyInfo.bundleNftId,
+            policyInfo.referralId
+            );
+
+        if (premium.premiumAmount != premiumExpectedAmount) {
+            revert ErrorIPolicyServicePremiumMismatch(
+                policyNftId, 
+                premiumExpectedAmount, 
+                premium.premiumAmount);
+        }
+
+        address policyOwner = getRegistry().ownerOf(policyNftId);
+        ISetup.ProductSetupInfo memory productSetupInfo = instance.getInstanceReader().getProductSetupInfo(productNftId);
+        TokenHandler tokenHandler = productSetupInfo.tokenHandler;
+        if (tokenHandler.getToken().allowance(policyOwner, address(tokenHandler)) < premium.premiumAmount) {
+            revert ErrorIPolicyServiceInsufficientAllowance(policyOwner, address(tokenHandler), premium.premiumAmount);
+        }
+        // premiums are calculated already? -> fixed + var (- descount) shall be stored in premium struct?
+        uint256 productFeeAmountToTransfer = premium.productFeeFixAmount + premium.productFeeVarAmount;
+        uint256 distributionFeeAmountToTransfer = premium.distributionFeeFixAmount + premium.distributionFeeVarAmount - premium.discountAmount;
+        uint256 poolFeeAmountToTransfer = premium.poolFeeFixAmount + premium.poolFeeVarAmount;
+        uint256 bundleFeeAmountToTransfer = premium.bundleFeeFixAmount + premium.bundleFeeVarAmount;
+        uint256 poolAmountToTransfer = premium.netPremiumAmount + poolFeeAmountToTransfer + bundleFeeAmountToTransfer;
+        netPremiumAmount = premium.netPremiumAmount;
+
+        // move product fee to product wallet
+        {
+            address productWallet = productSetupInfo.wallet;
+            tokenHandler.transfer(policyOwner, productWallet, productFeeAmountToTransfer);
+        }
+
+        // move distribution fee to distribution wallet
+        {
+            ISetup.DistributionSetupInfo memory distributionSetupInfo = instance.getInstanceReader().getDistributionSetupInfo(productSetupInfo.distributionNftId);
+            address distributionWallet = distributionSetupInfo.wallet;
+            tokenHandler.transfer(policyOwner, distributionWallet, distributionFeeAmountToTransfer);
+            _distributionService.processSale(productSetupInfo.distributionNftId, policyInfo.referralId, premium, distributionFeeAmountToTransfer);
+        }
+        
+        // move netpremium, bundleFee and poolFee to pool wallet
+        {
+            address poolWallet = instance.getInstanceReader().getComponentInfo(productSetupInfo.poolNftId).wallet;
+            tokenHandler.transfer(policyOwner, poolWallet, poolAmountToTransfer);
+            _poolService.processSale(policyInfo.bundleNftId, premium, poolAmountToTransfer);
+        }
+
+        // validate total amount transferred
+        {
+            uint256 totalTransferred = distributionFeeAmountToTransfer + poolAmountToTransfer + productFeeAmountToTransfer;
+
+            if (premium.premiumAmount != totalTransferred) {
+                revert ErrorPolicyServiceTransferredPremiumMismatch(
+                    policyNftId, 
+                    premium.premiumAmount, 
+                    totalTransferred);
             }
         }
 
         // TODO: add logging
     }
-}
+}