ReserveMethod

Description
Reserve Method

Type : OLI_LU_RESVMETH
DescriptionNameValue
1/5 Year Preliminary Term (current CAN Tax)OLI_RESVMETH_YT30
1965 Modified Preliminary TermOLI_RESVMETH_MT16
2 Year Preliminary Term (generally for DI)OLI_RESVMETH_PT24
78 CanadianOLI_RESVMETH_782
A&H two-year preliminary termOLI_RESVMETH_AH2YRPRETERM34
Canadian Modified Pre78OLI_RESVMETH_CA3
Cash Flow Valuation Method (VTP#9)OLI_RESVMETH_CF4
Commissioners Annuity ReserveOLI_RESVMETH_COMMANNRESVAL32
Commissioners Reserve Valuation MethodOLI_RESVMETH_CR5
Commissioners Reserve Valuation Method GR-10NLOLI_RESVMETH_CT7
Commissioners Reserve Valuation Method GR-15NLOLI_RESVMETH_CS6
Full Preliminary TermOLI_RESVMETH_FP9
Full Preliminary Term (FPT) if premium paying period > 20 yearsOLI_RESVMETH_FT10
Illinois StandardOLI_RESVMETH_IL11
Miscellaneous Standard (will become NL)OLI_RESVMETH_M12
Miscellaneous Standard (will not become NL)OLI_RESVMETH_MN14
Mod. Prelim. Term (MPT) comm. factor method incl. :55 19PXTI annuitiesOLI_RESVMETH_MP15
Modal Unearned Premium BasisOLI_RESVMETH_MU17
Modified Commissioners Reserve Valuation MethodOLI_RESVMETH_MC13
Modified Full Preliminary TermOLI_RESVMETH_MODFULPRETERM33
Net level, mid-termOLI_RESVMETH_NETLEVMIDTERM35
Net Level (NL)OLI_RESVMETH_NL19
New Jersey StandardOLI_RESVMETH_NJ18
New York regulation 147OLI_RESVMETH_NY20
No additionalOLI_RESVMETH_NOADDITIONAL31
Office PremiumOLI_RESVMETH_OP22
Ohio Standard code list: Standard Policy Reserve MethodOLI_RESVMETH_OH21
OtherOLI_OTHER2147483647
Other Standard MethodOLI_RESVMETH_CU8
Policy Premium MethodOLI_RESVMETH_PP23
Segmented MethodOLI_RESVMETH_SM25
Select & Ultimate American ExperienceOLI_RESVMETH_SU26
Triple-XOLI_RESVMETH_3X1
Unearned Valuation PremiumOLI_RESVMETH_UV28
Unitary MethodOLI_RESVMETH_UM27
UnknownOLI_UNKNOWN0
Value 1/2 VQ(X)OLI_RESVMETH_VQ29

Definition
Indicates the method of calculating reserves on this coverage and is used by valuation programs to find the correct reserves for this coverage.

Parents
Annuity Coverage DisabilityHealth PolicyProduct ReinsuranceInfo Rider