MECConvInd

Description
Modified Endowment Contract Conversion Indicator

Type : OLI_LU_BOOLEAN
DescriptionNameValue
FalseOLI_BOOL_FALSE0
TrueOLI_BOOL_TRUE1

Definition
Indicates that the proposed (or in-force) policy inherited the Modified Endowment Contract classification from the policy that is being (was) converted.TRUE if the policy or any of the policies to be converted into this proposed policy is a MEC, FALSE otherwise. This property would only appear on the policy being converted if, it too, inherited its classification from a prior policy.See the Property MECInd for a detailed definition of MEC.

Parents
LifeUSA