Description |
Coverage Product |
Type : Complex Element |
Definition |
CoverageProduct defines the available provisions under a life insurance PolicyProduct. "Components" of PolicyProduct Coverages are commonly referred to as to coverages, riders, provisions, elections, benefits etc. From a conceptual model perspective, there must be one CoverageProduct which defines the base (primary) characteristics of the underlying PolicyProduct. This may repeat to show variations of the CoverageProduct that are available for the PolicyProduct. This special CoverageProduct should have its IndicatorCode property set to type "Base". While it is conceptually required, the base CoverageProduct may or may not be provided in a transaction depending on the requirements of that transaction. Any component that does not alter/affect other CoverageProducts defined within a PolicyProduct, should be modeled as a CoverageProduct. Any component that alters/affects other CoverageProducts defined within a PolicyProduct, should be modeled as a CovOptionProduct. |
Parents |
LifeProduct |
Elements | |||
![]() | Age and Amount Information for Product | ||
![]() | Attachment | ||
BenefitCoordinationInd | Benefit Coordination Indicator | ||
![]() | Cash Value Rate | ||
ChildAgeUse | Child Age Use | ||
ChildMatureAge | Child Maturity Age | ||
ChildMaxIssueAge | Child Maximum Issue Age | ||
ChildPremRule | Child Premium Rule | ||
![]() | Cost of Insurance Rate Definition | ||
![]() | Conflict Object Information | ||
CostOfInsAgeDesign | Cost of Insurance Age Design | ||
CostOfInsDurationDesign | Cost Of Insurance Duration Design | ||
CovAmountChanges | Coverage Amount Changes Allowed | ||
CovAmtModulusFactor | Coverage Amount Modulus Factor | ||
CovEffDateRestriction | Coverage Effective Date Restriction | ||
CoverageProductKey | CoverageProduct Key | ||
![]() | CoverageProduct System Key | ||
![]() | Coverage Product Language Translations | ||
![]() | Coverage Option Product | ||
CovScope | Coverage Scope | ||
CovUnitType | Coverage Unit Type | ||
CusipNum | CUSIP Number | ||
DBOptChanges | Death Benefit Options Changes Allowed | ||
![]() | Death Benefit Option Class Collection | ||
![]() | Death Benefit Option Information | ||
Description | Description | ||
DisabilityHealthProvisions | Disability Health Provisions | ||
![]() | Dividend Rate Definition | ||
DurationDesign | Duration Design | ||
![]() | Fee | ||
FiledFormNumber | Filed Form Number | ||
FlatExtraPremBasis | Flat Extra Premium Basis | ||
GuarInitRenewYrs | Guaranteed Initial Renewal Years | ||
GuarSubseqRenewStartYr | Guaranteed Subsequent Renewal Start Year | ||
GuarSubseqRenewYrs | Guaranteed Subsequent Renewal Year | ||
HIPAANinetyDayCertRequireInd | HIPAA Ninety Day Requirement Certification Indicator | ||
IndeterPremRenewMode | Indeterminate Premium Renewal Mode | ||
IndeterPremRenewPeriod | Indeterminate Premium Renewal Period | ||
IndicatorCode | Indicator Code | ||
InitialPremRenewYrs | Initial Premium Renewal Years | ||
IssueGenderCC | Issue Gender Choice Collection | ||
JointAgeBasis | Joint Age Basis | ||
![]() | Jurisdiction Approval | ||
LevelPremiumPeriod | Level Premium Period | ||
LevelPremiumPeriodUnits | Level Premium Period Units | ||
LifeCovTypeCode | Type of coverage. | ||
LivesType | Lives Type | ||
LTDIncreaseInd | On a last to die policy, the cash value increases on the first death if true. There is no increase if false. | ||
LTDPaidUpInd | On a last to die policy, the policy becomes paid up on the first death if this is True | ||
MarketingName | Marketing Name | ||
MaturityAge | Attained age when coverage matures or expires | ||
MaturityAgeUse | Maturity Age Use | ||
MaturityDuration | Coverage duration when coverage matures. | ||
MaturityDurationQualifier | Maturity Duration Qualifier | ||
MaxAgeMeasureUnit | Maximum Age Measure Unit | ||
MaxAmtOfBase | Maximum Amount of Base | ||
MaxAmtOfBasePlusAddOns | Maximum amount of base plus add ons. | ||
MaxCovInstances | Maximum Coverage Instances | ||
MaxFlatExtra | Maximum Flat Extra | ||
MaxFlatExtraOnBase | Maximum Flat Extra on Base | ||
MaxIssueAge | Maximum Issue Age | ||
MaxIssueAmt | Maximum Issue Amount | ||
MaxIssueUnits | Maximum Issue Units | ||
MaxMultiLives | Maximum Persons allowed on a multi life coverage | ||
MaxPctIncrease | Maximum percentage increase | ||
MaxPermFlatExtra | Maximum Permanent Flat Extra | ||
MaxPermFlatExtraOnBase | Maximum Permanent Flat Extra on Base | ||
MaxRatioToBase | Maximum Ratio to Base | ||
MaxRatioToBasePlusAddOns | Maximum Ratio To Base Plus Add-Ons | ||
MaxTableOnBase | Maximum Table Rating on Base coverage | ||
MaxTableRating | Maximum Table Rating | ||
MaxTempFlatExtra | Maximum Temporary Flat Extra | ||
MaxTempFlatExtraOnBase | Maximum Temporary Flat Extra on Base | ||
MinAgeMeasureUnit | Minimum Age Measure Unit | ||
MinAmtAfterDecrease | Minimum Amount After Decrease | ||
MinAmtDecrease | Minimum Amount of Decrease | ||
MinAmtIncrease | Minimum Amount of Increase | ||
MinAmtOfBase | Minimum Amount of Base | ||
MinAmtOfBasePlusAddOns | Minimum amount of base plus add ons. | ||
MinIssueAge | Minimum Issue Age | ||
MinIssueAmt | Minimum Issue Amount | ||
MinIssueUnits | Minimum Issue Units | ||
MinMaturityDuration | Minimum Maturity Duration | ||
MinMaturityDurationQualifier | Minimum Maturity Duration Qualifier | ||
MinPctIncrease | The minimum percentage increase on a coverage increase | ||
MinRatioToBase | Minimum Ratio to Base | ||
MinRatioToBasePlusAddOns | Minimum Ratio To Base Plus Add-Ons | ||
![]() | OLifE Extension | ||
![]() | Participant Product | ||
ParticipatingInd | Participating Indicator | ||
PaymentStructure | Payment Structure | ||
PayToAge | Pay To Age | ||
PayToYear | Pay To Year | ||
PlanName | Plan Name | ||
PreExistingConditionInd | Pre-Existing Condition Indicator | ||
![]() | Premium Rate | ||
ProductCode | Product Code | ||
ProductVersionCode | Product Version Code | ||
![]() | Qualified Plan Entity | ||
RenewableInd | Renewable Indicator | ||
ReqRelToPrimaryIns | Required Relationship to Primary Insured | ||
![]() | Requisite Object Information | ||
![]() | Restriction Information | ||
SaleEffectiveDate | Sale Effective Date | ||
SaleExpirationDate | Sale Expiration Date | ||
SelectionRule | Selection Rule | ||
Sequence | Sequence | ||
ShortName | Short Name | ||
SubseqPremRenewYrs | Subsequent Premium Renewal Years | ||
SubseqPremStartYr | Subsequent Premium Start Year | ||
SubstdFlatAdjFactor | Substandard Flat Adjustment Factor | ||
SubstdFlatAdjInd | Substandard flat adjustment indicator | ||
SubstdMaxIssueAge | Substandard Maximum Issue Age | ||
SubstdMaxIssueAmt | Substandard Maximum Issue Amount | ||
SubstdMaxIssueUnits | Substandard Maximum Issue Units | ||
SubstdPolicyReserveMethod | Substandard Policy Reserve Method | ||
SubstdPolicyReservePct | Substandard Policy Reserve Percent | ||
SubstdReserveCeaseType | Substandard Reserve Cease Type | ||
SubstdReserveCeaseValue | Substandard Reserve Cease Value | ||
![]() | Table Reference | ||
![]() | Underwriting Class Product | ||
ValuationClassType | Valuation Class Type | ||
ValuePerUnit | Value Per Unit |
Attributes | |||
DataRep | Data Representation | ||
id | id | ||
PartyID | Party IDREF (References Party) |