Description |
Index Cover |
Type : OLI_LU_BOOLEAN | |||||||||
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Definition |
Was the Consumer Price Index (CPI) Option for sum Insured (face amount) accepted? Indicates if cover will be indexed annually at the rate specified. CPI offers increased amount on policy on anniversary date. All policies have this option. Carriers need to know if the option was taken. It is not considered a rider.TRUE means that the option was accepted and FALSE means it was not. |
Parents |
DisabilityHealth Life |