LoanDirectRecognitionType

Description
Loan Direct Recognition Code

Type : OLI_LU_LOANDIREC
DescriptionNameValue
OptionalOLI_LOANDIREC_OPTIONAL2
OtherOLI_OTHER2147483647
RequiredOLI_LOANDIREC_REQ1
UnknownOLI_UNKNOWN0

Definition
Defines the rule governing direct recognition of policy loans. Direct recognition of policy loans allows a company the ability to declare multiple dividend scales, which will offer an opportunity to reward the policyholders that leave their cash value in the policy.

Parents
PolicyProduct