ShadowAccount

Description
Shadow Account

Type : Complex Element

Definition
This object contains the information necessary for shadow accounts, also known as hypothetical accounts or simulated accounts. These accounts mimic the actual processing of the contract fund just as though the premiums were deposited, the charges deducted, and interest credited. However, the charges and interest are typically different from those applicable to the actual contract fund. The death benefit guarantee will be in effect as long as the shadow account balance is positive.

Parents
CovOption

Elements
OLifEExtensionOLifE Extension
RateLockDateRate Lock Date
RateLockExpiryDateRate Lock Expiry Date
ShadowAccountKeyShadowAccount Key
ShadowAccountSysKeyShadowAccount System Key

Attributes
DataRepData Representation
idid