Creates a predefined condition.

A predefined condition is a template for creating a policy condition that implements policy-level restrictions or sublimits.

A policy condition defines the scope of a policy by selecting the locations covered by that policy. Depending on the type of condition (conditionType), the policy condition either restricts coverage to a subset of locations or sets limits on coverage provided to a subset of locations.

• A policy restriction condition (POLICY_RESTRICTION) limits the scope of a policy to a subset of locations. A policy may be defined by one policy restriction condition. That policy restriction condition identifies the locations that are covered covered by that policy.
• A sublimit condition (SUBLIMIT) identifies locations that are subject to reduced insurance or a different deductible than those specified by the policy. The sublimit condition defines a limit and deductible that apply to the locations subject to the policy condition.