Description |
Non Forfeiture Provision |
Type : Complex Element |
Definition |
Contains pre-defined non-forfeiture processing parameters specific to a product offering's provisions. The various ways in which a policy owner may apply the cash value of a life insurance policy if the policy lapses. If a plan of insurance allows more than one available non-forfeiture provision to be allowed for a policy, multiple NonForProvision objects will occur. |
Parents |
PolicyProduct |
Elements | |||
![]() | Allowed Substandard | ||
BenefitType | Benefit Type | ||
ConsecutiveLimit | Consecutive Limits | ||
DefaultInd | Default Indicator | ||
InitialAmtType | Initial Unadjusted Amount Type | ||
Limitations | Non-forfeiture limitations | ||
LoanAdjType | Loan Adjustment Type Code | ||
MaxConstantLimit | Maximum constant limit | ||
MaxMonthsLimit | Maximum months limit amount | ||
MortalityOrMorbidityTable | Mortality or Morbidity Table | ||
NetSinglePremIntRate | NSP Interest Rate | ||
NFOModeMethods | Mode Methods | ||
NonForProvisionKey | NonForProvision Key | ||
![]() | NonForProvision System Key | ||
NonFortProv | Non Forfeiture Provision | ||
![]() | OLifE Extension | ||
ValuePerUnit | Value Per Unit |
Attributes | |||
DataRep | Data Representation | ||
id | id |