TBD

The Parent Party ID is a unique identifier used to establish a hierarchical or relational link between multiple related parties within a life insurance or annuity contract. It is particularly useful in complex ownership or beneficiary structures, such as: Trust-owned policies, Multiple contingent beneficiaries linked to a single primary beneficiary, Parties acting in legal or fiduciary roles (e.g., grantors, trustees, custodians)

Deprecated - kept for backward compatibility; instead use partyPercentage. The benefit percentage of the beneficiary

Deprecated - kept for backward compatibility; instead use partyPercentage. Commission percentage for each agent

The Id which user enters(Id validated in MCS) - Agent External ID and Compnay ID uniquely identifies the right Agent

The first name of the party/trustee

The middle name of the party/trustee

The last name of the party/trustee

The full name of the party/The legal name of the Trust/Organization

The suffix of the party name

The date of birth of the party

Gender Identity refers to an individual’s self-identified internal sense of gender, which may differ from their sex assigned at birth. This value reflects how the individual personally defines their gender and may be expressed in free-text to allow for inclusivity and accuracy

Age calculated by date of birth and Policy year

The name the organization is commonly known as

The shortened/abbreviated version of the organization`s name that is unique to the organization

Code to Identify organization

The trust agreement issued date to the party

The Amended Trust Date refers to the most recent date on which the trust agreement was formally amended or restated, particularly when the trust is designated as the owner or beneficiary of a life insurance or annuity policy

The title of the trustee

Access code of the trustee

Deprecated - kept for backward compatibility; instead use preferredAddressIndicator under Address section

The Preferred Address ID refers to the unique identifier of the address designated as the primary or preferred address for a given party when multiple addresses are associated with that individual or entity. This ensures consistent use of the correct address for communication, correspondence, and recordkeeping

The Preferred Email ID refers to the unique identifier of the email address designated as the primary or preferred email contact for an individual or entity when multiple email addresses are on file

The Preferred Phone ID refers to the unique identifier of the phone number designated as the primary contact number for a given individual or entity when multiple phone numbers are associated with the same party

Party Percentage refers to the proportion of ownership, benefits, or responsibility assigned to a party within an insurance or annuity contract. It is used to distribute policy ownership, benefit payouts, commission sharing, or annuity payments among multiple parties

A boolean field that indicates whether the beneficiary of a Party (when the Party is a Trust) is Non-Natural. This data point is captured for taxation purposes, as Trusts established for individuals are taxed differently from those benefiting entities

An indicator if the beneficiary is irrevocable. If yes, when doing any changes the beneficiary must also sign forms

An indicator if the beneficiary is designated to be included in Joint RMD calculations

Last Contact Date refers to the most recent date on which there was a direct or system-recorded interaction with a party (individual or entity) associated with a policy or contract. This party may be a policyholder, insured, beneficiary, payor, agent, or any other role relevant to life and annuity products.

The Beneficiary Share Method refers to the approach used to allocate the death benefit (or other payouts) among multiple beneficiaries listed under a policy or contract. It determines how the proceeds are divided in the event of the insureds death and is typically defined during policy setup or updated via a beneficiary change request.

Party ID is a unique identifier assigned to a party (individual or entity) involved in an insurance or annuity contract. This identifier helps ensure accurate data exchange and tracking across insurance transactions

Array of addresses associated with the party

Array of phone numbers associated with the party

Array of emails associated with the party

Array of bank accounts associated with the party

TBD

Policy number

TBD

A Feature Indicator in life insurance and annuities refers to a binary flag (Yes/No, True/False, or Enabled/Disabled) that signifies whether a specific policy feature, rider, or benefit is included in the contract. It helps insurers, agents, and policyholders quickly identify which optional or standard benefits apply to a policy

A Feature Option in life insurance and annuities refers to the specific choices or variations available within a policy feature, allowing customization based on the policyholder’s needs

Reduced Paid-Up Face Amount is the new, lower death benefit that results when a policyholder elects the Reduced Paid-Up (RPU) insurance option on a permanent life insurance policy. Under this option, the policyholder uses the accumulated cash value of their policy to purchase a fully paid-up policy—meaning no further premiums are required—but with a reduced face amount compared to the original coverage

Start date of the feature

End date of the feature

A Feature Status in life insurance and annuities indicates the current state or activation condition of a specific feature within a policy or contract. It reflects whether a feature is active, inactive, pending, or restricted, helping insurers, agents, and policyholders track policy functionality

The Period of Feature in life insurance and annuities refers to the duration for which a specific feature or benefit is available, active, or applicable within a policy or contract. It defines the time frame in which a feature can be used, exercised, or remains valid

Effective date of the feature

The Total Minimum Required Amount refers to the lowest financial threshold needed to activate, maintain, or utilize a specific insurance or annuity feature. This can include minimum premiums, account balances, contributions, or fees necessary to keep the policy or benefit in force

Min (This is if Carrier Acceot Min) - This is the Amount needed to reactivate the Policy (If there is an Outstanding Loan on the Policy Min Required Loan Balance will be part of this Amount)

The Payment Amount for a Feature refers to the specific cost required to activate, maintain, or utilize a particular policy feature or rider in a life insurance or annuity contract. This amount can be a one-time payment, recurring charge, or deducted from policy values depending on the feature type

The Fixed Exclusion Amount in the annuitization feature of an annuity refers to the portion of each annuity payment that is considered a return of the original investment (principal) and is therefore excluded from taxable income. This amount helps annuitants determine their tax liability on annuity payments

The YTD Payment Amount for a Feature refers to the total amount paid or received for a specific policy feature from the beginning of the calendar year to the current date. This amount is commonly tracked for premiums, rider fees, annuity payouts, withdrawals, and other benefit-related transactions

The Exclusion Ratio in annuitization refers to the portion of each annuity payment that is considered a return of the original investment (principal) and is therefore excluded from taxable income. It determines how much of an annuity payment is taxable and how much is tax-free.

The Total Payment Amount of a Feature refers to the cumulative cost or sum of all payments made over time for a specific feature in a life insurance or annuity contract. This can include premiums, rider fees, annuity payouts, or benefit-related charges

Joint Lives % to Survivor refers to the percentage of annuity payments that continue to the surviving annuitant after one of the joint annuitants passes away. It applies to Joint & Survivor Annuities, ensuring ongoing income for the surviving spouse or beneficiary.

The Reinstatement Underwriting Decision refers to the evaluation process and approval or denial of a reinstatement request for a lapsed life insurance policy or annuity contract. When a policy lapses due to non-payment, the insurer requires underwriting to determine if the policy can be reinstated based on financial, medical, and risk factors

The Approval Date for a Feature refers to the official date on which an insurance company authorizes and activates a specific feature, rider, or benefit within a life insurance policy or annuity contract. This date marks when the feature becomes effective and available for use by the policyholder or annuitant

Unique identifier of feature sub-type for "custom feature

Gives the sub type of the feature type "Custom Feature

TBD

Elect from available … If Owner picks and Model as an investment option

The corresponding Model Id of the elected model