Limit

Description
This aggregate contains PCLIMIT elements.

Type : Aggregate
DataType : Limit_Type

Elements
BenefitDeferredPeriodThis is used to capture the period of time from when the insured has become unable to work until the time the benefit begins to be paid.
CalculationMethodCdA code indicating the benefit type/calculation method.
CalculationMethodDescA description of the type/calculation methods, used when CalculationMethodCd is "OT".
IndexAdjustmentThis aggregate is used to assist in the application of rate changes due to factors such as rampant inflation in a country.
PayFrequencyCdThis indicates the frequency that this type of payment is made. This element uses the Frequency code list.
PaymentPeriodThis is used to capture the maximum period for which the benefit is payable.