CommOption

Description
Commission Option

Type : OLI_LU_COMMOPTION
DescriptionNameValue
Full first year commission (no trails)OLI_COMMOPT_NOTRL6
Full First Year Commission rate with no Persistency or Expense Allowance payments from This policy.OLI_COMM_FULLFRSTYR1
Heaped (Levelized) Commission OptionOLI_COMM_HEAPED5
Level (cash flow and trails)OLI_COMMOPT_LVL8
No commissions (i.e. wrap)OLI_COMMOPT_WRAP9
OtherOLI_OTHER2147483647
Reduced First Year Commission rate plus the policy counting for Persistency paymentOLI_COMM_REDFRSTYPERS2
Reduced First Year Commission rate plus the policy is included in the Expense Allowance plan.OLI_COMM_REDFRSTYREXP3
Reduced First Year Commission rate with no Persistency or Expense Allowance payments included.OLI_COMM_REDFRSTYRNONE4
Reduced front end commission with trailsOLI_COMMOPT_RED10
Trails Only (high trail)OLI_COMMOPT_TRL7
UnknownOLI_UNKNOWN0

Definition
The generic classification of commission options.

Parents
CommOptionAvailable