AdditionalQuotedScenario

Description
The Additional Quote Scenario Aggregate is used to send additional coverage scenarios on quote responses.This aggregate can also be used to send multiple coverage scenarios. For example, an insurer can send premiums for multiple limit or deductible amounts for a coverage (or all coverages) for consideration by the consumer. In this circumstance, the FullTermAmt would be used as the total premium for any given scenario - i.e., FullTermAmt is the total policy premium for a scenario that includes the lowest possible limits for every coverage. Conversely, it could be the total policy premium for a scenario of the highest possible limits for every coverage - or anything in between. These scenarios can be constructed as marketing avenues to present multiple quotes to a consumer.

Type : Aggregate
DataType : AdditionalQuotedScenario_Type

Parents
POLICYRSINFO

Elements
DescriptionA text description the explicit meaning of which is implied by its usage.
FullTermAmtThe total gross amount billable for the full policy/bond term, plus all taxes, fees, discounts, surcharges, etc. If the policy/bond has been written outside the normal term for this type policy/bond (i.e., short term), this is the amount that would be billable if the policy/bond had been written for its normal full term. For example, the FullTermAmt for a three year policy/bond would account for all three years (terms) rather than the current (single) term.
QuotedCoverageThis aggregate contains all of the elements necessary to reflect a quoted coverage.

Attributes
idThis attribute is an identifier to a specific element.