| Specifies the maximum initial premium exception amount allowed. This is a Hard stop. This is only applicable if AllowExceptionsToMaxPremiumInd is set to TRUE. If AllowExceptionsToMaxPremiumInd is set to FALSE then this property should not be valued.For example on an electronic order entry system, if AllowExceptionsToMaxPremiumInd is set to TRUE and this property has a value of 3 million and the MaxPremiumInitialAmt is set to 1.5 million then any premium from 1.5 million to 3 million will get a soft warning stating the maximum has been exceeded. If over 3 million then there will be a Hard stop. |