Policy

Policy Service

DeathClaimAdhocPolicyDates

object
claimApprovalDatestring(date)

The Claim Approval Date is the date when an insurance company officially approves a claim for payment after verifying the claim details, policy coverage, and required documentation

Example:2024-02-21

certifiedReceivedDatestring(date)

The Certified Received Date refers to the date when the insurance company officially receives the certified death paperwork (such as a death certificate) required to process a life insurance claim. This date marks the beginning of the formal claims verification process

Example:2024-02-21

Example

DeathClaimAdhocDeathBenefit

object
claimStatusstring

Allowed values:APPROVEDNOTAPPROVEDPROCESSED

proofOfDeathReceivedboolean

Whether proof of death is received

Example

DeathClaimAdhocParty

object
beneficiaryPercentagenumber(double)

The benefit percentage of the beneficiary

Example:100

partyStatusstring

Allowed values:APPROVEDNOTAPPROVEDPROCESSED

Example

DeathClaimAdhocPolicy

object
policyDatesobject
Show Child Parameters
deathBenefitobject
Show Child Parameters
partyobject
Show Child Parameters
chargesobject
Show Child Parameters
Example

DeathClaimQuoteTransactionAmounts

object
taxableAmountnumber(double)

The portion of a transaction applied amount that is considered taxable based on IRS regulations.

Example:100.23

amountTypestring

Allowed values:AMOUNTPERCENTAGEMAXFREEWITHDRAWALAMOUNTWITHDRAWALUNTILBASISEARNINGSONLYPRORATAPERCENTMODIFIEDEARNINGSONLYSUNINCOMEMAXIMIZERONLYLBRMAXIMUMSUNINCOMEMAXIMIZERNETONETIMEACCESSNONSUNINCOMEMAXIMIZERLBRSWDMAXIMUMSUNINCOMEMAXIMIZERGROSSONETIMEACCESSYEARTODATEFIXEDEARNINGSEARNINGSLIQUIDITYFIRSTEARNINGSLIQUIDITYLASTGUARANTEEDWITHDRAWALBENEFITFIXEDMODIFIEDEARNINGSACCUMULATEDEARNINGSLIFEEXPECTANCYDEFAULTNUMBEROFUNITS

disbursementTypestring

Allowed values:GROSSNETNETNET

disbursementPaymentFormstring

Allowed values:DTCCEFTACHCHECKWIRE

requestedAmountnumber(double)

Depending on the transaction, it will be one of the following:
The amount requested for premium allocation or processing.
The requested amount for issuing a new loan against the policy.
The amount requested to initiate a loan repayment transaction.
The requested amount for a partial withdrawal from the policy’s cash value.
The requested amount for making adjustments to the policy’s value.This transaction overrides the value and do not adjust.
Request amount shared for this variable will be utilized to override existing policy variable.

Example:100

appliedAmountnumber(double)

Depending on the transaction, it will be one of the following:
The portion of the requested premium that was successfully applied to the account value of the policy.
The portion of the requested loan amount that was actually applied on the policy.
The portion of the requested loan repayment amount that was applied on the policy.
The portion of the requested withdrawal amount that was applied on the policy.
The total amount applied toward the full surrender of the policy.
The portion of a transaction applied amount that is summation of all fund level applied amounts impacted due to the transaction.
The updated face amount successfully applied to the policy.
The amount refunded as part of a free-look period cancellation (policy cancellation within the allowable period).
The policy’s value before an adjustment is applied.

Example:100

netPaymentAmountnumber(double)

The net amount actually received from the agent to be applied to the policy.

Example:48000.28

Example