SubstandardRateRule

Description
Substandard Rate Rule

Type : OLI_LU_TAMRASUBRATERULE
DescriptionNameValue
Apply extra rating to guaranteed ratesOLI_TAMRASUBRATERULE_APPLYEXTRAGUAR1
Greater of current rates plus extra rating or non-rated guaranteed ratesOLI_TAMRASUBRATERULE_CUREXTORNORTGUAR2
Guaranteed rates plus extra based on current ratesOLI_TAMRASUBRATERULE_GUAREXTCURRENT3
No SubstandardOLI_TAMRASUBRATERULE_NOSUBSTANDARD4
OtherOLI_OTHER2147483647
UnknownOLI_UNKNOWN0

Definition
Identifies which rates should be used in the guideline level premium calculations when substandard extra premiums apply to the policy. SubstandardRateRule describes the way that substandard rates are incorporated into the calculation of the premium (7-pay, guideline, etc.) This method may conceivably vary by the particular type of premium.

Parents
IRSPremCalcMethod