PaymentBasisReason


(Deprecated)
Description
Payment Basis Reason

Type : OLI_LU_PAYMENTBASISREASON
DescriptionNameValue
1035 or qualified transferOLI_PAYBASIS_10358
1st payment for direct new business (without trail option). (Payment not through debit.)OLI_PAYBASIS_FIRSTNBNOTRAIL2
1st payment for direct new business (with trail option). (Payment not through debit.)OLI_PAYBASIS_FIRSTNBTRAIL1
1st year payment for new businessOLI_PAYBASIS_FIRSTYR7
Add ons (employee)OLI_PAYBASIS_ADDONEMP13
Add ons through broker/dealerOLI_PAYBASIS_ADDON11
AdjustmentOLI_PAYBASIS_ADJUSTMENT65
Bonus (other)OLI_PAYBASIS_BONUSOTHER16
CB canceled during free look.OLI_PAYBASIS_CBCANCELFREELOOK29
CB due to death claimOLI_PAYBASIS_CBDTHCLAIM36
CB due to death claim 1st, 6 monthsOLI_PAYBASIS_CBDEATHCLAIM1ST37
CB due to death claim 2nd, 6 monthsOLI_PAYBASIS_CBDEATHCLAIM2ND38
CB due to death claim after 1st yearOLI_PAYBASIS_CBDEATHCLAIM1YR39
CB due to duplicate paymentOLI_PAYBASIS_CBDUPPAYMENT43
CB due to full surrenderOLI_PAYBASIS_CBFULLSURR34
CB due to partial surrenderOLI_PAYBASIS_CBPARTSURR30
CB due to partial surrender 1st, 6 monthsOLI_PAYBASIS_CBPARTSURR1ST31
CB due to partial surrender 2nd, 6 monthsOLI_PAYBASIS_CBPARTSURR2ND32
CB due to surrender after 1st yearOLI_PAYBASIS_CBSURR1STYR33
CB due to wrong agent/broker dealer or agent/broker dealer changeOLI_PAYBASIS_CBAGENTCHANGE40
CB for adjustment for a 1035 advanceOLI_PAYBASIS_CB103526
CB for cancel policyOLI_PAYBASIS_CBCANCELPOL28
CB for decrease in policyOLI_PAYBASIS_CBDECPOL35
CB for full advanceOLI_PAYBASIS_CBFULLADVANCE27
CB for inadequate licensing of representativeOLI_PAYBASIS_CBLICENSEREQ41
CB for marketingOLI_PAYBASIS_CBMKTG46
CB for net adjustment for an advanceOLI_PAYBASIS_CBADVANCE25
CB for netted incorrectly due to ageOLI_PAYBASIS_CBINCNETTINGAGE44
CB for other adjustmentOLI_PAYBASIS_CBOTHERADJ47
CB for overpaidOLI_PAYBASIS_CBOVERPAID45
CB for policy netted at incorrect rateOLI_PAYBASIS_CBINCNETTING42
Chargeback due to lapsed policy.OLI_PAYBASIS_CIL71
Commission payment (or Chargeback) due to annuitizationOLI_PAYBASIS_PC9669
Commission payment (or chargeback) for conversionOLI_PAYBASIS_PC9870
Commission payment for a 1035 exchange advanceOLI_PAYBASIS_COMMPAY103519
Commission payment for an advanceOLI_PAYBASIS_COMMPAYADV18
Direct add onsOLI_PAYBASIS_DIRADDON12
Direct business (no broker/dealer involvement)OLI_PAYBASIS_DIRBUS3
Electronic app (new business) no trailOLI_PAYBASIS_APPNOTRAIL5
Electronic app (new business) trailOLI_PAYBASIS_APPTRAIL4
Expense Reimbursement AllowanceOLI_PAYBASIS_ERA55
Expense Reimbursement Allowance OverrideOLI_PAYBASIS_ERAOVRD56
Expense Reimbursement Allowance Supplemental/ Split OverrideOLI_PAYBASIS_ERAOVRDSPLT57
Fee for serviceOLI_PAYBASIS_FEEFORSERVICE24
First Year Gross Dealer Compensation for BrokerOLI_PAYBASIS_GCDBRKFYR61
First Year Gross Dealer Compensation for GAOLI_PAYBASIS_GCDGAFYR58
First Year OverrideOLI_PAYBASIS_FYOVERRIDE50
Incorrect nettingOLI_PAYBASIS_INCNETTING21
Manual Recall of an advanced paymentOLI_PAYBASE_ADVMANUALRECALL73
MarketingOLI_PAYBASIS_MKTG22
Marketing Allowance for BrokerOLI_PAYBASIS_MKTALLOW64
MGA overridesOLI_PAYBASIS_MGAOVERRIDE20
Net payment adjustment for advanceOLI_PAYBASIS_NETADJADV17
New business (employee)OLI_PAYBASIS_NBEMP6
OtherOLI_OTHER2147483647
Payment is from a non Tax Qualified rolloverOLI_PAYBASIS_NONQUALROLLOVER48
Periodic bonus (premium based)OLI_PAYBASIS_BONUSPERPREM15
Persistency bonus (asset based)OLI_PAYBASIS_BONUSPERSASSET14
ReinstatementOLI_PAYBASIS_REINSTATEMENT68
Renewal (trail for premium)OLI_PAYBASIS_TRAILPREM9
Renewal CommissionOLI_PAYBASIS_RENEWAL51
Renewal Gross Dealer Compensation for BrokerOLI_PAYBASIS_GCDBRKREN62
Renewal Gross Dealer Compensation for GAOLI_PAYBASIS_GCDGAREN59
Renewal OverrideOLI_PAYBASIS_RENOVRD52
ReplacementOLI_PAYBASIS_REPLACEMENT67
Service Fee CommissionOLI_PAYBASIS_SERFEE53
Special payment to firmOLI_PAYBASIS_SPECIALPAYFIRM23
Ticket ChargeOLI_PAYBASIS_TICKETCHARGE74
Trail (asset based)OLI_PAYBASIS_TRAILASSET10
Trail Gross Dealer Compensation for BrokerOLI_PAYBASIS_GCDBRKTRAIL63
Trail Gross Dealer Compensation for GAOLI_PAYBASIS_GCDGATRAIL60
Trail OverrideOLI_PAYBASIS_TRAILOVRD54
UnknownOLI_UNKNOWN0
Will be reason code of original transaction. Amount sign will be reversed.OLI_PAYBASIS_REVERSE66

Definition
Represents the reason for the compensation payment. For Compensation, Commission, or Bonus, the type of transaction (Payment, Advance or adjustment) and its base (premiums, investments, current asset value).

Parents
CommissionDetail CompensationPayment