IllusTxnSecondaryType

Description
Illustration transaction secondary type.

Type : TC_ILLUSSECTYPE
DescriptionNameValue
7 Pay faceILL_SEC_COV_7PAY75
Accumulate at interestILL_SEC_DIVOPT_ACCUM164
Add coverage / benefitILL_SEC_COV_ADD71
Add dividend to cash value (UL)ILL_SEC_DIVOPT_CV1612
After Tax / Gross up / then loansILL_SEC_INCTAXOUT_AFRTAXGULOAN144
After Tax / Switch to loansILL_SEC_INCTAXOUT_AFRTAXGROSS143
Always specified amount (default)ILL_SEC_TAXBRACK_SPECAMT20
Amount Specified / After Tax Gross UpILL_SEC_INCTAXOUT_AFRTAX142
Amount Specified / Before TaxILL_SEC_INCTAXOUT_BFRTAX141
Amount specified (default)ILL_SEC_TEMPFLATEXTRAAMT_SPEC100
AnnuitizationILL_SEC_ANNUITIZATION54
Apply complete premium necessary to satisfy 7 pay (always point in time)ILL_SEC_PMTSCHD_PREM7PAY36
Apply minimum premiumILL_SEC_PMTSCHD_MPREM34
Apply minimum premium * transaction amount (required multiple)ILL_SEC_PMTSCHD_MINPREMXTXN31
Apply minimum premium + transaction amount (required adjusted)ILL_SEC_PMTSCHD_PREMPLUSTXN32
Apply Target premiumILL_SEC_PMTSCHD_TRGTPREM35
Apply target premium * transaction amount (recommended multiple)ILL_SEC_PMTSCHD_TRGTPREMXTXN33
Apply transaction amount as specified premium (default)ILL_SEC_PMTSCHD_SPECPREM30
Blended percentage / (example 0 30 indicates 30% guaranteed and 70% current)ILL_SEC_MORTRATE_BLENDPCT91
Blended percentage (example 0 30 indicates 30% guaranteed and 70% current)ILL_SEC_INTRATE_BLENDPCT86
Contract FundILL_SEC_DIVOPT_CONTRACT1616
Convert Coverage from term to permILL_SEC_COV_CONVERSION79
Current interest rateILL_SEC_INTRATE_CURRENT82
Current Rate (use 100% of current)ILL_SEC_MORTRATE_CURRENT92
Death Benefit Option / IncreasingILL_SEC_DBOPT_INCR12
Death Benefit Option / Return of premiumILL_SEC_DBOPT_RETPREM13
Death Benefit Option - LevelILL_SEC_DBOPT_LEVEL11
Distribution as transaction amount (default)ILL_SEC_DIST_TXNAMT50
EconomaticILL_SEC_DIVOPT_ECONO1615
End Coverage / BenefitILL_SEC_COV_END72
GDB Premium faceILL_SEC_COV_GDBPREMFACE76
GLP premium faceILL_SEC_COV_GLPPREMFACE78
Gross Accumulation Cash ValueILL_SEC_CASHVAL_ACCUM130
GuaranteedILL_SEC_MORTRATE_GTD93
Guaranteed interest rateILL_SEC_INTRATE_GTD81
Interest rate as transaction amount. (default)ILL_SEC_INTRATE_TXNAMT80
Lesser of GLP or GSP premium faceILL_SEC_COV_GLPORGSP77
Max distribution available at that timeILL_SEC_DIST_MAX51
MidpointILL_SEC_INTRATE_MIDPOINT85
Minimum premium faceILL_SEC_COV_MINPREM73
Net Accumulation Cash ValueILL_SEC_CASHVAL_ACCUMNET131
Net Accumulation Value for Life IncomeILL_SEC_CASHVAL_NETLIFEINC135
Net Accumulation Value for Life Income with 10 year CertainILL_SEC_CASHVAL_NETLIFE10INC136
Net Accumulation Value for Life Income with 20 year CertainILL_SEC_CASHVAL_NETLIFE20INC134
Net Surrender ValueILL_SEC_CASHVAL_SURRNET133
OtherOLI_OTHER2147483647
Paid in cashILL_SEC_DIVOPT_CASH161
Paid-Up AdditionsILL_SEC_DIVOPT_PUA162
Pay accrued loan interestILL_SEC_PAY_PAY_LOAN_INT62
Pay to GLPILL_SEC_PMTSCHD_GLP39
Pay to greater of GSP or GLPILL_SEC_PMTSCHD_GSPORGLP38
Plan enhancement (improves until lifetime then shortens premium duration)ILL_SEC_DIVOPT_PLANENHANCE1618
Policy Improvement (improves until lifetime plan)ILL_SEC_DIVOPT_POLIMPROVE1617
Preferred loans followed by withdrawal to basis followed by regular loanILL_SEC_INCTAXOUT_PREFLOAN145
Premium as transaction amountILL_SEC_NETPMT_PREMTXN41
Premium to satisfy guaranteed minimum death benefitILL_SEC_PMTSCHD_PREMGDB37
Reduce Loan ValuesILL_SEC_DIVOPT_REDLOAN1613
Reduce loan values, balance in cashILL_SEC_DIVOPT_REDLNCASH169
Reduce loan values, balance to accumulateILL_SEC_DIVOPT_REDLNACCUM1611
Reduce loan values, balance to PUAILL_SEC_DIVOPT_REDLNPUA1610
Reduce PremiumILL_SEC_DIVOPT_RED163
Reduce premium, balance in cashILL_SEC_DIVOPT_REDCASH166
Reduce premium, balance to accumulateILL_SEC_DIVOPT_REDACCUM168
Reduce premium, balance to PUAILL_SEC_DIVOPT_REDPUA167
Repay total loanILL_SEC_LOANREPAYTOTAL61
Repay transaction amount (default)ILL_SEC_LOANREPAYTXN60
Scheduled Loan amountsILL_SEC_SCHEDLOANAMT53
Scheduled withdrawals taken from the contract (partial surrender)ILL_SEC_DIST_SURRPARTIAL52
Smoker Status ChangeILL_SEC_UNDCHG_SMOKERSTAT152
Specified amount in cash balance to PUAILL_SEC_DIVOPT_SPECPUA1614
Specified Amount of Coverage ChangeILL_SEC_COV_TXNAMT70
Specified Amount of Total CoverageILL_SEC_COV_TXNAMTTOT137
Surrender ValueILL_SEC_CASHVAL_SURR132
Table Rating ChangeILL_SEC_UNDCHG_TBLRTNG151
Target premium faceILL_SEC_COV_TRGTPREM74
Term Dividend Option (FULL)ILL_SEC_DIVOPT_OYT165
Use amount to indicate multiplier of current (e.g. 120 for 120%)ILL_SEC_MORTRATE_AMTBASED94
Use historical ratesILL_SEC_INTRATE_HISTORICAL83
Use specified rate as a net rateILL_SEC_INTRATE_NETRATE84

Definition
The secondary transaction type provides further instructions on how to treat the primary transaction during the illustration.

Parents
IllustrationTxn