CovOptionProduct

Description
Coverage Option Product

Type : Complex Element

Definition
CovOptionProduct describes, defines, or limits the provisions and obligations of its parent. The CovOptionProduct object is used for non-annuity product lines. Please refer to Section 4.22 Determining Coverage versus CovOption for guidance on modeling Coverages and CovOptions.

Parents
CoverageProduct RiderProduct

Elements
AgeAmtProductAge and Amount Information for Product
AttachmentAttachment
BenefitChangeAllowedBenefit Change Allowed
BenefitCoordinationIndBenefit Coordination Indicator
ChildAgeUseChild Age Use
ChildMatureAgeChild Maturity Age
ChildMaxIssueAgeChild Maximum Issue Age
ChildPremRuleChild Premium Rule
COIRateCost of Insurance Rate Definition
ConflictObjectInfoConflict Object Information
CovAmountChangesCoverage Amount Changes Allowed
CovAmtModulusFactorCoverage Amount Modulus Factor
CovEffDateRestrictionCoverage Effective Date Restriction
CovOptionProductKeyCovOptionProduct Key
CovOptionProductSysKeyCovOptionProduct System Key
CovOptionProductXLatCoverage Option Product Language Translations
CovScopeCoverage Scope
CovUnitTypeCoverage Unit Type
DescriptionDescription
DisabilityHealthProvisionsDisability Health Provisions
DividendRateDividend Rate Definition
DurationDesignDuration Design
FeeFee
FiledFormNumberFiled Form Number
FlatExtraPremBasisFlat Extra Premium Basis
HIPAANinetyDayCertRequireIndHIPAA Ninety Day Requirement Certification Indicator
IssueGenderCCIssue Gender Choice Collection
JurisdictionApprovalJurisdiction Approval
LevelPremiumPeriodLevel Premium Period
LevelPremiumPeriodUnitsLevel Premium Period Units
LifeCovOptTypeCodeLife Coverage Option Type Code
LivesTypeLives Type
MarketingNameMarketing Name
MaturityAgeAttained age when coverage matures or expires
MaturityAgeUseMaturity Age Use
MaturityDurationCoverage duration when coverage matures.
MaturityDurationQualifierMaturity Duration Qualifier
MaxAgeMeasureUnitMaximum Age Measure Unit
MaxAmtOfParentMaximum Amount of Parent
MaxCovInstancesMaximum Coverage Instances
MaxFlatExtraMaximum Flat Extra
MaxFlatExtraOnParentMaximum Flat Extra on Parent
MaxIssueAgeMaximum Issue Age
MaxIssueAmtMaximum Issue Amount
MaxIssueUnitsMaximum Issue Units
MaxPctMaximum Percent
MaxPctIncreaseMaximum percentage increase
MaxPermFlatExtraMaximum Permanent Flat Extra
MaxPermFlatExtraOnParentMaximum Permanent Flat Extra on Parent
MaxRatioToParentMaximum Ratio to Parent
MaxTableOnParentMaximum Table Rating of Parent
MaxTableRatingMaximum Table Rating
MaxTempFlatExtraMaximum Temporary Flat Extra
MaxTempFlatExtraOnParentMaximum Temporary Flat Extra on Parent
MinAgeMeasureUnitMinimum Age Measure Unit
MinAmtAfterDecreaseMinimum Amount After Decrease
MinAmtDecreaseMinimum Amount of Decrease
MinAmtIncreaseMinimum Amount of Increase
MinAmtOfParentMinimum Amount of Parent
MinIssueAgeMinimum Issue Age
MinIssueAmtMinimum Issue Amount
MinIssueUnitsMinimum Issue Units
MinPctMinimum Percent
MinPctIncreaseThe minimum percentage increase on a coverage increase
MinRatioToParentMinimum Ratio to Parent
OLifEExtensionOLifE Extension
ParticipantProductParticipant Product
PaymentStructurePayment Structure
PayToAgePay To Age
PayToYearPay To Year
PlanNamePlan Name
PreExistingConditionIndPre-Existing Condition Indicator
PremiumRatePremium Rate
ProductCodeProduct Code
ProductVersionCodeProduct Version Code
QualifiedPlanEntityQualified Plan Entity
RenewableIndRenewable Indicator
RequisiteObjectInfoRequisite Object Information
RestrictionInfoRestriction Information
SaleEffectiveDateSale Effective Date
SaleExpirationDateSale Expiration Date
SelectionRuleSelection Rule
SequenceSequence
ShortNameShort Name
SubstdFlatAdjFactorSubstandard Flat Adjustment Factor
SubstdFlatAdjIndSubstandard flat adjustment indicator
SubstdMaxIssueAgeSubstandard Maximum Issue Age
SubstdMaxIssueAmtSubstandard Maximum Issue Amount
SubstdMaxIssueUnitsSubstandard Maximum Issue Units
SubstdPolicyReserveMethodSubstandard Policy Reserve Method
SubstdPolicyReservePctSubstandard Policy Reserve Percent
SubstdReserveCeaseTypeSubstandard Reserve Cease Type
SubstdReserveCeaseValueSubstandard Reserve Cease Value
UnderwritingClassProductUnderwriting Class Product
ValuationClassTypeValuation Class Type
ValuePerUnitValue Per Unit

Attributes
DataRepData Representation
idid
PartyIDParty IDREF
(References Party)