InvestmentOnlyInd

Description
Investment-Only Indicator

Type : OLI_LU_BOOLEAN
DescriptionNameValue
FalseOLI_BOOL_FALSE0
TrueOLI_BOOL_TRUE1

Definition
An investment-only product, typically a variable annuity, provides investors with a simple way to set aside taxable assets in a tax-deferred entity focused on investment. Unlike most traditional annuities, there are no elective riders.TRUE indicates that the carrier considers the product to be investment-only. FALSE indicates the carrier does not consider the product to be investment-only.

Parents
Policy PolicyProduct