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Policy

FeeAttributes

object
feeTypestringrequired

Fee Type

Example:Admin Fee

feeAmountstringrequired

Fee Amount

Example:50

startDatestringrequired

Start Date

Example:2022-01-01

effectiveRatestring

Effective Rate

Allowed values:5%10%15%

Example:5%

feeWaivedIndicatorstring

Fee Waived Indicator

Allowed values:YN

Example:Y

Example

Fee

object
attributesobjectrequired
Show Child Parameters
Example

Coverages

object
attributesobjectrequired
Show Child Parameters
participantsarray[object]required
Show Child Parameters
feesarray[object]required
Show Child Parameters
Example

PolicyFeeAttributes

object
feeIdstringrequired

Fee ID

Example:FEE123

feeTypestringrequired

Fee Type

Example:Admin Fee

startDatestringrequired

Start Date

Example:2022-01-01

effectiveRatestring

Effective Rate

Allowed values:5%10%15%

Example:5%

feeAmountstringrequired

Fee Amount

Example:50

netAmountAtRiskstringrequired

The Net Amount at Risk (NAR) is the difference between the policy’s total death benefit and the policy’s account value (cash value). It represents the portion of the death benefit that the insurance company is at risk of paying out beyond the policyholder’s accumulated account value

Example:100

Example

PolicyFee

object
attributesobjectrequired
Show Child Parameters
Example