The transaction type of the current policy snapshot

The transaction type of the current policy snapshot

Policy as of effective date (with pattern “yyyy-mm-dd”).

The Carrier ID is a unique identifier assigned to an insurance company (carrier) that issues and underwrites a policy. It helps track, manage, and differentiate insurance providers within industry databases, regulatory systems, and digital platforms

Attribute name storing the policy reference id generated by RDE system

A Third-Party Administrator (TPA) ID is a unique identifier assigned to a third-party administrator that manages insurance policies, claims, and administrative functions on behalf of an insurance carrier. The TPA ID helps identify the organization handling policy services, claims processing, and compliance reporting

Policy Source refers to the origin or method by which a life insurance or annuity application was initiated and submitted, often used to identify how the policy entered the underwriting or issuance workflow. It reflects the channel, system, or direction of application flow, such as inbound or outbound underwriting

Policy Source Description provides detailed contextual information about the origin of a policy application, supplementing the high-level Policy Source value. It includes specific identifiers or descriptive data such as the underwriter’s name, referral source, agency, platform, or originating system that processed or submitted the application

Banding refers to the grouping of policy coverage amounts into different tiers or “bands” that impact pricing, underwriting, and premium rates. It is commonly used in life insurance pricing models to offer lower per-unit costs for higher coverage amounts

The Match Bonus Version refers to the specific version of match bonus rates applied to a policy or annuity, based on the release date of that rate structure. It ensures that the correct bonus percentage, eligibility criteria, and payout structure are applied according to the policy’s issue date and applicable rate updates

Qualification type of original policy being exchanged

The Policy Term refers to the number of years a life insurance or annuity contract remains active under its defined premium payment structure. It can represent the fixed duration of a term policy or the maximum period for premium payments in a permanent or flexible premium plan

The Policy Year refers to the number of years that have passed since the policy’s effective date. It is used to track policy duration, benefits, premium schedules, surrender charges, and other contractual provisions

The Policy Months refers to the number of months that have passed since the policy’s effective date. It is used to track policy duration, premium schedules, benefits, and contractual provisions on a monthly basis

The Policy Number is a unique identifier assigned to a life insurance or annuity contract by the insurance carrier. It serves as the official reference number for tracking, managing, and servicing the policy throughout its lifetime

The Parent Policy Number is the unique identifier of the original or source insurance policy or contract from which the current policy has been derived, continued, or linked. It serves as a reference point for tracking policy lineage, inheritance, or transformation, and is used to establish relationships between multiple policies

The unique identifier of the original policy number of a policy in the case of a conversion, replacement, exchange or reissue

The Fixed Cost Period refers to the initial guaranteed period (e.g., 10, 20, or 30 years) after the policy start date during which the Protection Costs (Cost of Insurance - COI) remain unchanged or are not charged. Once this period ends, the policy enters the Post Fixed Period, where costs may increase

Version number

Array of party roles

Array of parties

1

Unique identifier for the impacted party data being updated with a transaction or event. For example, if multiple addresses are modified, this field identifies the specific address Id for which change is being processed

Trigger to Pass in API which non financial was newly added out of multiple change requests, for example a new email was added

A code that represents the specific type of life insurance plan or annuity plan

A unique identifier assigned to a policy, used to track and manage the details of the insurance or annuity contract

The unique ID to track each transaction request across all systems

The unique identifier of a Parent Transaction or Parent Program ID. The value of parentId varies based on the transaction type. >>For Subsequent Premium, One-Time Premium, Loan Repayment (One-Time & Systematic) → The Parent Payment Transaction ID is stamped. >> For Forceout and Disbursement → The Parent Money Out or Money In Transaction ID is stamped

Specifies the type of transaction being performed, such as Premium Payment, Loan Repayment, Anniversary etc

Indicates whether a transaction results in any setup, update, or modification to a systematic program or billing change. This field is set to true whenever any part of the systematic program or billing is modified, including changes to its configuration or associated fields

The date when the transaction request was initiated or received in the system. For example, for system generated events date on which transaction was initiated by the system for adhoc events date on which transaction was received by the system.

The date when the transaction takes effect on the policy or contract.

The date when the system actually processes the transaction. This may differ from the request or effective date due to business rules, batch cycle date, business day calender or reversals

The date when a transaction is reversed in the system

A system-generated code that corresponds to the transaction outcome when transaction is cancelled

A detailed explanation of the outcome, providing context for why a transaction was cancelled

The justification or business reason for the transaction

A unique identifier assigned to a transaction case by external systems such as BPM.

The impacted party associated with a transaction or event.(party change requests i.e. non financial txns)

Create or Update timestamp of transaction event

A boolean flag that applies only to financial transactions. When set to true, it allows a backdated transaction to be processed. This triggers a reversal on the policy to the earliest transaction on the specified effective date, applies the new transaction, and then reprocesses all subsequent transactions (similar to (R&R) process). This ensures that the policy`s financial history remains accurate and aligned with the backdated change.

Version number indicating the number of changes made to policy