AgreementStatusReasonEvent

Description
Agreement Status Reason Event

Type : OLI_LU_PROSTATEVENT
DescriptionNameValue
Employment by Other Insurance CarrierOLI_PROSTATEVENT_OTHINSCARRIER6
MarriageOLI_PROSTATEVENT_MARRIAGE8
Medical ReasonsOLI_PROSTATEVENT_MEDICAL4
New Position with the CarrierOLI_PROSTATEVENT_NEWPOSITION3
OtherOLI_OTHER2147483647
Other EmploymentOLI_PROSTATEVENT_OTHEREMP1
Personal IllnessOLI_PROSTATEVENT_ILLNESS2
Physical IncapacityOLI_PROSTATEVENT_INCAPACITY5
RelocationOLI_PROSTATEVENT_RELOCATE9
School EnrollmentOLI_PROSTATEVENT_SCHOOL10
Started Own BusinessOLI_PROSTATEVENT_OWNBUSINESS7
UnknownOLI_UNKNOWN0
Voluntary DecisionOLI_PROSTATEVENT_VOLUNTARY11

Definition
Used to record the stated, underlying event or cause behind a requested status change. In other words, when known, this provides a "event behind the reason." For example, a ProducerAgreement may become "Terminated" because the Agent Resigned. In this situation, the "reason" for the ProducerAgreement status would be recorded as"Resigned;" and for most purposes, that is sufficient. However, the Carrier may wish to track that it knows the Producer Resigned because they were moving. Note the qualification here. The Producer "Resigned" because they were moving. Thus, "Due to Move" is not the reason for the status of "Terminated" and it would be incorrect to record it as such. Instead, "Due to Move" would be the event or cause that lead to the decision to resign.

Parents
ProducerAgreement