CommissionOptionSelected

Description
Commission Option Selected

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 commission description which correlates to the commission code or compensation plan which the original writing agents choose to be compensated by when the policy was sold.

Parents
Policy