ReplacementPatch
objectIdentifies the type of transaction being processed for a policy or application. This key helps categorize and route replacement or conversion cases appropriately within the systems.
Allowed values:REPLACEMENTNONREPLACEMENTCONVERSION
Example:REPLACEMENT
Use funds from existing policies
Example:true
Existing policy number
Example:1234567890
Product code for mentioned policy
Example:1234567890
Policy amount
Example:100
Policy status
Allowed values:ACTIVELAPSEDTERMINATED
Example:ACTIVE
Represents the total amount from the existing policy being replaced.
Example:100
Name of the ceeding carrier. It should be same as mentioned in the form.
Example:CarrierName_1
The official date on which the policy is issued and becomes effective.
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Date (with pattern “yyyy-mm-dd”)
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Indicates the category of the insurance product associated with the policy
Allowed values:LIFEANNUITY
Example:ANNUITY
Tax Id for given company
Example:123456789
Specifies the type of policy exchange or replacement transaction being performed.
Allowed values:EXTERNAL1035INTERNAL1035EXTERNALDIRECTTRANSFERINTERNALDIRECTTRANSFEREXTERNALROLLOVERQUALIFIEDINTERNALROLLOVERQUALIFIEDEXTERNALROTHROLLOVERINTERNALROTHROLLOVEREXTERNALROTHDIRECTTRANSFERINTERNALROTHDIRECTTRANSFERBENEFITPROCEEDSCASHCONTRIBUTIONSEXTERNAL1035PARTIALINTERNAL1035PARTIALEXTERNALDIRECTTRANSFERREPLACEMENTINTERNALDIRECTTRANSFERREPLACEMENTCLIENTINITIATEDTRANSFERBIRTHORADOPTIONREPAYMENT
Example:EXTERNAL1035
Show Child Parameters
The default value is 0.Represents the total amount of premiums paid or invested into the existing policy being replaced, excluding gains or interest.
Indicates the tax qualification status of the policy or account.
Allowed values:IRA_REGULARIRA_SPOUSALIRA_ROLLOVERROTH_IRACUSTODIAL_IRACUSTODIAL_ROTH_IRACUSTODIAL_ROLLOVER_IRASEP_IRAINHERITED_IRAINHERITED_ROTH_IRANQ_STRETCH403BNON_QUALIFIEDIRA_SIMPLEQ401KQ401AQ457BPENSION_PLAN
Example:IRA_REGULAR
- Indicates whether the policy is classified as a Modified Endowment Contract (MEC) or not
- Default = False
Policy replacement type
Allowed values:PARTIALFULL_SURRENDER
Example:PARTIAL
Date on which the old policy is replaced by the new one.
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Indicates if there is existing life insurance policies.
Default:false
ConversionPatch
objectIdentifies the type of transaction being processed for a policy or application. This key helps categorize and route replacement or conversion cases appropriately within the systems.
Allowed values:REPLACEMENTNONREPLACEMENTCONVERSION
Example:CONVERSION
Existing policy number
Example:1234567890
Product code for mentioned policy
Example:1234567890
Policy amount
Example:100
Policy status
Allowed values:ACTIVELAPSEDTERMINATED
Example:ACTIVE
Name of the ceeding carrier. It should be same as mentioned in the form.
Example:CarrierName_1
The official date on which the policy is issued and becomes effective.
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Indicates the category of the insurance product associated with the policy
Allowed values:LIFEANNUITY
Example:ANNUITY
Tax Id for given company
Example:123456789
Specifies the type of policy exchange or replacement transaction being performed.
Allowed values:EXTERNAL1035INTERNAL1035EXTERNALDIRECTTRANSFERINTERNALDIRECTTRANSFEREXTERNALROLLOVERQUALIFIEDINTERNALROLLOVERQUALIFIEDEXTERNALROTHROLLOVERINTERNALROTHROLLOVEREXTERNALROTHDIRECTTRANSFERINTERNALROTHDIRECTTRANSFERBENEFITPROCEEDSCASHCONTRIBUTIONSEXTERNAL1035PARTIALINTERNAL1035PARTIALEXTERNALDIRECTTRANSFERREPLACEMENTINTERNALDIRECTTRANSFERREPLACEMENTCLIENTINITIATEDTRANSFERBIRTHORADOPTIONREPAYMENT
Example:EXTERNAL1035
Show Child Parameters
The default value is 0.Represents the total amount of premiums paid or invested into the existing policy being replaced, excluding gains or interest.
Indicates the tax qualification status of the policy or account.
Allowed values:IRA_REGULARIRA_SPOUSALIRA_ROLLOVERROTH_IRACUSTODIAL_IRACUSTODIAL_ROTH_IRACUSTODIAL_ROLLOVER_IRASEP_IRAINHERITED_IRAINHERITED_ROTH_IRANQ_STRETCH403BNON_QUALIFIEDIRA_SIMPLEQ401KQ401AQ457BPENSION_PLAN
Example:IRA_REGULAR
- Indicates whether the policy is classified as a Modified Endowment Contract (MEC) or not
- Default = False
Indicates if there is a collateral assignee on existing policy.Default = False.
NonReplacementPatch
objectIdentifies the type of transaction being processed for a policy or application. This key helps categorize and route replacement or conversion cases appropriately within the systems.
Allowed values:REPLACEMENTNONREPLACEMENTCONVERSION
Example:NONREPLACEMENT
Use funds from existing policies
Example:true
Existing policy number
Example:1234567890
Product code for mentioned policy
Example:1234567890
Policy amount
Example:100
Policy status
Allowed values:ACTIVELAPSEDTERMINATED
Example:ACTIVE
Represents the total amount from the existing policy being replaced.
Example:100
Name of the ceeding carrier. It should be same as mentioned in the form.
Example:CarrierName_1
The official date on which the policy is issued and becomes effective.
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Date (with pattern “yyyy-mm-dd”)
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Indicates the category of the insurance product associated with the policy
Allowed values:LIFEANNUITY
Example:ANNUITY
Tax Id for given company
Example:123456789
Specifies the type of policy exchange or replacement transaction being performed.
Allowed values:EXTERNAL1035INTERNAL1035EXTERNALDIRECTTRANSFERINTERNALDIRECTTRANSFEREXTERNALROLLOVERQUALIFIEDINTERNALROLLOVERQUALIFIEDEXTERNALROTHROLLOVERINTERNALROTHROLLOVEREXTERNALROTHDIRECTTRANSFERINTERNALROTHDIRECTTRANSFERBENEFITPROCEEDSCASHCONTRIBUTIONSEXTERNAL1035PARTIALINTERNAL1035PARTIALEXTERNALDIRECTTRANSFERREPLACEMENTINTERNALDIRECTTRANSFERREPLACEMENTCLIENTINITIATEDTRANSFERBIRTHORADOPTIONREPAYMENT
Example:EXTERNAL1035
Show Child Parameters
The default value is 0.Represents the total amount of premiums paid or invested into the existing policy being replaced, excluding gains or interest.
Indicates the tax qualification status of the policy or account.
Allowed values:IRA_REGULARIRA_SPOUSALIRA_ROLLOVERROTH_IRACUSTODIAL_IRACUSTODIAL_ROTH_IRACUSTODIAL_ROLLOVER_IRASEP_IRAINHERITED_IRAINHERITED_ROTH_IRANQ_STRETCH403BNON_QUALIFIEDIRA_SIMPLEQ401KQ401AQ457BPENSION_PLAN
Example:IRA_REGULAR
- Indicates whether the policy is classified as a Modified Endowment Contract (MEC) or not
- Default = False
Policy replacement type
Allowed values:PARTIALFULL_SURRENDER
Example:PARTIAL
Date on which the old policy is replaced by the new one.
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Indicates if there is existing life insurance policies.
Default:false
Application
objectDate (with pattern “yyyy-mm-dd”)
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Method of submission
Allowed values:ELECTRONICPAPER
Example:ELECTRONIC
Form number for the application
Example:12345
Version number of the application form
Example:1.0
Date (with pattern “yyyy-mm-dd”)
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Default = False If set = True then need to fill respective data under PolicyHistory section.
Default:false
Any OfShow Child Parameters
ApplicationPatch
objectDate (with pattern “yyyy-mm-dd”)
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Method of submission
Allowed values:ELECTRONICPAPER
Example:ELECTRONIC
Application status. When abandoned or declined, the case will be marked cancelled
Allowed values:ABANDONEDDECLINED
Example:ABANDONED
Form number for the application
Example:12345
Version number of the application form
Example:1.0
Date (with pattern “yyyy-mm-dd”)
Match pattern:^[0-9]{4}-[0-9]{2}-[0-9]{2}$
Example:2022-01-01
Default = False If set = True then need to fill respective data under PolicyHistory Section.
Default:false
Any Of