ExchangeReasonCode

Description
Exchange Reason Code

Type : OLI_LU_EXCHGREASON
DescriptionNameValue
Brokers DirectionOLI_EXCHGREASON_BROKERSDIR1
CommunicationsOLI_EXCHGREASON_COMM2
FeesOLI_EXCHGREASON_FEES3
Higher Risk/RewardOLI_EXCHGREASON_HIGHERRISKREWARD16
High Interest RateOLI_EXCHGREASON_HIGHINTRATE10
Inappropriate InvestmentOLI_EXCHGREASON_INAPPINVEST4
Investment OptionsOLI_EXCHGREASON_INVESTOPTS5
Investment PerformanceOLI_EXCHGREASON_INVESTPERFORM6
Living Benefit Accumulation FeatureOLI_EXCHGREASON_LIVINGBENACCUMFEAT13
Living Benefit IncomeOLI_EXCHGREASON_LIVINGBENINCOME14
Living Benefit WithdrawalOLI_EXCHGREASON_LIVINGBENWITHDRAWAL15
OtherOLI_OTHER2147483647
Product FeaturesOLI_EXCHGREASON_PRODUCTFEATS7
Reduce Market RiskOLI_EXCHGREASON_REDUCEMKTRISK11
ServiceOLI_EXCHGREASON_SERVICE8
Step Up Death BenefitOLI_EXCHGREASON_STEPUPDEATHBEN12
Tax LawsOLI_EXCHGREASON_TAXLAWS9
UnknownOLI_UNKNOWN0

Definition
When a policy (life or annuity) is exchanged or replaced for a different policy, the carrier needs to track the reason for the exchange or replacement. This code identifies the reason the policy was exchanged. This property is only expected to be populated on the policy being exchanged or replaced.

Parents
ExchangeReason Policy