AgeAmtProduct

Description
Age and Amount Information for Product

Type : Complex Element

Definition
This is used to define any age ranges supported and min/max amounts, units or percentages that are available for that particular age range.The minimum and maximum ages represented in the collection of AgeAmtProducts at this level must follow these rules:- must be an exact match with those defined on the higher level,.- when AgeAmtProduct is utilized, users must assume that the higher level will be ignored by the receiver,- no age may reside in more than 1 band,- age bands must be placed in a contiguous and ascending order.If no breakdown by age and amounts are needed, then the correlating min/max properties at the higher level (i.e. parent aggregate) are to be used and this aggregate omitted.Consider the following use case - a rider is available for insureds whose issue age is between 0 and 48. However, it further specifies the following age range limits on the amount of the rider:- When Age At Issue is 0-21, Multiple is 500% (5X) of face amount- When Age At Issue is 22-37, Multiple is 200% (2X) of face amount- When Age At Issue is 38-48, Multiple is 100% (1X) of face amountThis aggregate would be used to show those age bands and limits.

Parents
AllowedRelationship ArrangementOptProduct CoverageProduct CovOptionProduct DeathBenefitOptionInfo ReductionScheduleInfo UnderwritingClassProduct

Elements
AgeAmtProductKeyAgeAmtProduct Key
AgeAmtProductSysKeyAgeAmtProduct System Key
AgeBasisTypeAge Basis Type
MaxAgeMaximum Age
MaxAgeMeasureUnitMaximum Age Measure Unit
MaxAmtMaximum amount
MaxPctMaximum Percent
MaxRatioToBaseMaximum Ratio to Base
MaxUnitsMaximum Number of Units
MinAgeMinimum Age
MinAgeMeasureUnitMinimum Age Measure Unit
MinAmtMinimum amount
MinPctMinimum Percent
MinRatioToBaseMinimum Ratio to Base
MinUnitsMinimum Number of Units
OLifEExtensionOLifE Extension

Attributes
DataRepData Representation
idid