MedicalUnderwriting

Description
Medical Underwriting

Type : OLI_LU_MEDUW
DescriptionNameValue
Not AllowedOLI_MEDUW_NOTALLOWED3
On RequestOLI_MEDUW_ONREQUEST2
OtherOLI_OTHER2147483647
RequiredOLI_MEDUW_REQUIRED1
UnknownOLI_UNKNOWN0

Definition
Indicates whether a Carrier allows Medical Underwriting.For Immediate Annuities, carriers may allow applicant to apply for medical underwriting. For annuitants with a less than normal life expectancy due to carrier-specified medical conditions, an adjustment resulting from medical underwriting illness, this could result in a richer payout for the same amount of premium.

Parents
AnnuityProduct