Charge
objectAllowed values:COSTOFINSURANCEEXPENSECHARGEUNITEXPENSECHARGERIDERCHARGESURRENDERCHARGEWITHDRAWALCHARGEPAYMENTCHARGECOVERAGECHARGECOVERAGECREDITPREMIUMTAXMARKETVALUEADJUSTMENTBONUSRECAPTUREEQUITYINDEXADJUSTMENTPRODUCTLIMITSDEATHBENEFITINTERESTFUTURECHARGESFORTRANSACTIONREDEMPTIONFEEMAILCHARGEFUNDFEEINEFFECTALLOVERNIGHTMAILWIRE
Allowed values:YesNo
The reason why a charge was waived (e.g., Promotional Waiver, Policy Exception)
Example:100
The partyId to which the charge is applied.
Example:Party_PI_1
PayeeOrBeneficiary
objectA unique identifier linking the party to the policy
Example:Party_PI_1
Allowed values:DTCCCREDITCARDACHCHECKWIREEXCHANGEPREMIUMLOAN
The percentage of the total disbursement allocated to the payee
Example:100
A unique identifier for the financial institution handling the transaction
Example:Bank_1
FreeLookCancellationRequest
objectThe unique ID to track transaction request across all systems
Example:864e43a0-2c2f-4a11-9d7f-69ed40115066
Date when the transaction was originally scheduled or expected to happen. It can be a non-business day
Example:2023-01-01
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Property to isolate source transaction(s) that initiated the reversal
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FreeLookCancellationQuoteTransactionAmounts
objectDepending 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.
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.
The portion of a transaction applied amount that is considered taxable based on IRS regulations
The net amount actually received from the agent to be applied to the policy
Allowed values:GROSSNETNETNET
Allowed values:DTCCEFTACHCHECKWIRE
FreeLookCancellationQuotePayeeOrBeneficiary
objectA unique identifier linking the party to the policy
Example:Party_PI_1
Allowed values:DTCCCREDITCARDACHCHECKWIREEXCHANGEPREMIUMLOAN
The percentage of the total disbursement allocated to the payee
Example:100
A unique identifier for the financial institution handling the transaction
Example:Bank_1
The actual dollar amount disbursed to the payee
Example:20