7 Pay face | ILL_SEC_COV_7PAY | 75 | | |
Accumulate at interest | ILL_SEC_DIVOPT_ACCUM | 164 | | |
Add coverage / benefit | ILL_SEC_COV_ADD | 71 | | |
Add dividend to cash value (UL) | ILL_SEC_DIVOPT_CV | 1612 | | |
After Tax / Gross up / then loans | ILL_SEC_INCTAXOUT_AFRTAXGULOAN | 144 | | |
After Tax / Switch to loans | ILL_SEC_INCTAXOUT_AFRTAXGROSS | 143 | | |
Always specified amount (default) | ILL_SEC_TAXBRACK_SPECAMT | 20 | | |
Amount Specified / After Tax Gross Up | ILL_SEC_INCTAXOUT_AFRTAX | 142 | | |
Amount Specified / Before Tax | ILL_SEC_INCTAXOUT_BFRTAX | 141 | | |
Amount specified (default) | ILL_SEC_TEMPFLATEXTRAAMT_SPEC | 100 | | |
Annuitization | ILL_SEC_ANNUITIZATION | 54 | | |
Apply complete premium necessary to satisfy 7 pay (always point in time) | ILL_SEC_PMTSCHD_PREM7PAY | 36 | | |
Apply minimum premium | ILL_SEC_PMTSCHD_MPREM | 34 | | |
Apply minimum premium * transaction amount (required multiple) | ILL_SEC_PMTSCHD_MINPREMXTXN | 31 | | |
Apply minimum premium + transaction amount (required adjusted) | ILL_SEC_PMTSCHD_PREMPLUSTXN | 32 | | |
Apply Target premium | ILL_SEC_PMTSCHD_TRGTPREM | 35 | | |
Apply target premium * transaction amount (recommended multiple) | ILL_SEC_PMTSCHD_TRGTPREMXTXN | 33 | | |
Apply transaction amount as specified premium (default) | ILL_SEC_PMTSCHD_SPECPREM | 30 | | |
Blended percentage / (example 0 30 indicates 30% guaranteed and 70% current) | ILL_SEC_MORTRATE_BLENDPCT | 91 | | |
Blended percentage (example 0 30 indicates 30% guaranteed and 70% current) | ILL_SEC_INTRATE_BLENDPCT | 86 | | |
Contract Fund | ILL_SEC_DIVOPT_CONTRACT | 1616 | | |
Convert Coverage from term to perm | ILL_SEC_COV_CONVERSION | 79 | | |
Current interest rate | ILL_SEC_INTRATE_CURRENT | 82 | | |
Current Rate (use 100% of current) | ILL_SEC_MORTRATE_CURRENT | 92 | | |
Death Benefit Option / Increasing | ILL_SEC_DBOPT_INCR | 12 | | |
Death Benefit Option / Return of premium | ILL_SEC_DBOPT_RETPREM | 13 | | |
Death Benefit Option - Level | ILL_SEC_DBOPT_LEVEL | 11 | | |
Distribution as transaction amount (default) | ILL_SEC_DIST_TXNAMT | 50 | | |
Economatic | ILL_SEC_DIVOPT_ECONO | 1615 | Dividends payable under the Economatic Dividend Type are used to purchase an amount of
One Year Term insurance and paid-up additions in such amounts that the total insurance
provided continues the original amount of insurance. This dividend option is available only
on specified Economatic policies or on policies which have an Economatic rider attached.
These products provide for a decrease in the base policy face amount, usually after three
years. The decreased face amount of the base policy insurance is referred to as the
Ultimate Amount of insurance. After the decrease, the annual dividend is used to purchase a
combination of OYT and PUA insurance, the total of which is equivalent to the difference
between the original and ultimate amounts of insurance. | |
End Coverage / Benefit | ILL_SEC_COV_END | 72 | | |
GDB Premium face | ILL_SEC_COV_GDBPREMFACE | 76 | | |
GLP premium face | ILL_SEC_COV_GLPPREMFACE | 78 | | |
Gross Accumulation Cash Value | ILL_SEC_CASHVAL_ACCUM | 130 | Total accumulation value not reduced by loan balance or surrender charges | |
Guaranteed | ILL_SEC_MORTRATE_GTD | 93 | | |
Guaranteed interest rate | ILL_SEC_INTRATE_GTD | 81 | | |
Interest rate as transaction amount. (default) | ILL_SEC_INTRATE_TXNAMT | 80 | | |
Lesser of GLP or GSP premium face | ILL_SEC_COV_GLPORGSP | 77 | | |
Max distribution available at that time | ILL_SEC_DIST_MAX | 51 | | |
Midpoint | ILL_SEC_INTRATE_MIDPOINT | 85 | | |
Minimum premium face | ILL_SEC_COV_MINPREM | 73 | | |
Net Accumulation Cash Value | ILL_SEC_CASHVAL_ACCUMNET | 131 | Total accumulation value reduced by loan balance, but not reduced by surrender
charges | |
Net Accumulation Value for Life Income | ILL_SEC_CASHVAL_NETLIFEINC | 135 | Solve for the Net Accumulation Value that will achieve the specified monthly income for
life expectancyThis is popular with deferred annuities - instead of solving for a premium to achieve a
known amount of cash value - solve for the amount necessary to fund a specified life
income | |
Net Accumulation Value for Life Income with 10 year Certain | ILL_SEC_CASHVAL_NETLIFE10INC | 136 | Solve for the Net Accumulation Value that will achieve the specified monthly income for
life expectancy and 10 year certainThis is popular with deferred annuities - instead of solving for a premium to achieve a
known amount of cash value - solve for the amount necessary to fund a specified life
income | |
Net Accumulation Value for Life Income with 20 year Certain | ILL_SEC_CASHVAL_NETLIFE20INC | 134 | Solve for the Net Accumulation Value that will achieve the specified monthly income for
life expectancy and 20 year certainThis is popular with deferred annuities - instead of solving for a premium to achieve a
known amount of cash value - solve for the amount necessary to fund a specified life
income | |
Net Surrender Value | ILL_SEC_CASHVAL_SURRNET | 133 | The Surrender Value reduced by the outstanding loan balance | |
Other | OLI_OTHER | 2147483647 | | |
Paid in cash | ILL_SEC_DIVOPT_CASH | 161 | | |
Paid-Up Additions | ILL_SEC_DIVOPT_PUA | 162 | | |
Pay accrued loan interest | ILL_SEC_PAY_PAY_LOAN_INT | 62 | Pay loan interest beginning with start date, through the end date, for the mode specified
in the Txn detail. | |
Pay to GLP | ILL_SEC_PMTSCHD_GLP | 39 | | |
Pay to greater of GSP or GLP | ILL_SEC_PMTSCHD_GSPORGLP | 38 | | |
Plan enhancement (improves until lifetime then shortens premium duration) | ILL_SEC_DIVOPT_PLANENHANCE | 1618 | | |
Policy Improvement (improves until lifetime plan) | ILL_SEC_DIVOPT_POLIMPROVE | 1617 | | |
Preferred loans followed by withdrawal to basis followed by regular loan | ILL_SEC_INCTAXOUT_PREFLOAN | 145 | | |
Premium as transaction amount | ILL_SEC_NETPMT_PREMTXN | 41 | | |
Premium to satisfy guaranteed minimum death benefit | ILL_SEC_PMTSCHD_PREMGDB | 37 | | |
Reduce Loan Values | ILL_SEC_DIVOPT_REDLOAN | 1613 | | |
Reduce loan values, balance in cash | ILL_SEC_DIVOPT_REDLNCASH | 169 | balance in cash" | |
Reduce loan values, balance to accumulate | ILL_SEC_DIVOPT_REDLNACCUM | 1611 | balance to accumulate" | |
Reduce loan values, balance to PUA | ILL_SEC_DIVOPT_REDLNPUA | 1610 | balance to PUA" | |
Reduce Premium | ILL_SEC_DIVOPT_RED | 163 | | |
Reduce premium, balance in cash | ILL_SEC_DIVOPT_REDCASH | 166 | balance in cash" | |
Reduce premium, balance to accumulate | ILL_SEC_DIVOPT_REDACCUM | 168 | balance to accumulate" | |
Reduce premium, balance to PUA | ILL_SEC_DIVOPT_REDPUA | 167 | balance to PUA" | |
Repay total loan | ILL_SEC_LOANREPAYTOTAL | 61 | | |
Repay transaction amount (default) | ILL_SEC_LOANREPAYTXN | 60 | | |
Scheduled Loan amounts | ILL_SEC_SCHEDLOANAMT | 53 | | |
Scheduled withdrawals taken from the contract (partial surrender) | ILL_SEC_DIST_SURRPARTIAL | 52 | | |
Smoker Status Change | ILL_SEC_UNDCHG_SMOKERSTAT | 152 | | |
Specified amount in cash balance to PUA | ILL_SEC_DIVOPT_SPECPUA | 1614 | | |
Specified Amount of Coverage Change | ILL_SEC_COV_TXNAMT | 70 | This indicates that the Illustration Transaction Amount will contain the amount of"change" for the coverage.A positive amount represents an increase in coverage , a negative amount signifies a
reduction in coverage amount | |
Specified Amount of Total Coverage | ILL_SEC_COV_TXNAMTTOT | 137 | This indicates that the Illustration Transaction Amount will contain the desired amount
of total coverage remaining.Because of intervening transactions that can adjust the coverage amount, such as changes
to death benefit option or withdrawals this can provide different results than
ILL_SEC_COV_TXNAMT . | |
Surrender Value | ILL_SEC_CASHVAL_SURR | 132 | The total accumulation value reduced by applicable surrender charges | |
Table Rating Change | ILL_SEC_UNDCHG_TBLRTNG | 151 | | |
Target premium face | ILL_SEC_COV_TRGTPREM | 74 | | |
Term Dividend Option (FULL) | ILL_SEC_DIVOPT_OYT | 165 | | |
Use amount to indicate multiplier of current (e.g. 120 for 120%) | ILL_SEC_MORTRATE_AMTBASED | 94 | | |
Use historical rates | ILL_SEC_INTRATE_HISTORICAL | 83 | | |
Use specified rate as a net rate | ILL_SEC_INTRATE_NETRATE | 84 | | |