PremSourceType

Description
Type code indicating Premium Source

Type : OLI_LU_PREMSOURCE
DescriptionNameValue
Aid to Dependent ChildrenOLI_PREMSRC_AIDCHILD14
Child SupportOLI_PREMSRC_CHILDSUPPORT15
Combination of dividends and cash value deductionsOLI_PREMSRC_COMBODIVCV5
Deducted from cash valueOLI_PREMSRC_CV3
Gifts/InheritanceOLI_PREMSRC_GIFTS11
InvestmentsOLI_PREMSRC_INVESTMENT9
OtherOLI_OTHER2147483647
Paid by non-forfeiture provisionOLI_PREMSRC_NONFORFITPROV6
Paid from cash premiumsOLI_PREMSRC_CASH1
Paid from dividendsOLI_PREMSRC_DIV2
SalaryOLI_PREMSRC_SALARY8
SavingsOLI_PREMSRC_SAVINGS10
Separately BillableOLI_PREMSRC_SEPARATEBILL4
Social Security DisabilityOLI_PREMSRC_SSDISABILITY16
Social Security RetirementOLI_PREMSRC_SSRETIRE12
Social Security SurvivorOLI_PREMSRC_SSSURVIVOR7
UnknownOLI_UNKNOWN0
WelfareOLI_PREMSRC_WELFARE13

Definition
PremSourceType documents where the money originated from as opposed to where the money is currently held (which is SourceOfFundsTC). For example, the premium payment may be paid from a savings account. However, if the money in the savings account originated from an inheritance, then "Gifts/Inheritance" (tc=10) would go in this property.

Parents
Coverage CovOption