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Policy

InitialPremiumRequestTransactionAmounts

object
requestedAmountnumber(double)

Requested amount value

Example:1000.31

netPaymentAmountnumber(double)

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

Example:48000.52

Example

FundAllocationAllocationOption

object
allocationOptionstring

Allowed values:PRORATADOLLARSPECIFYPERCENTAGESPECIFIEDFUNDSSPECIFIEDSEGMENTSDEFAULTPECKINGORDEREARNINGSONLYSPECIFICFUNDPERCENTAGEFIXEDONLYVARIABLEONLYCURRENTHOLDINGS

Example

InitialPremiumRequestPayor

object
partyIdstring

Impacted Party in the event of financial transaction

Example:Party_PI_1

paymentFormstring

Allowed values:DTCCCREDITCARDACHCHECKWIREEXCHANGEPREMIUMLOAN

bankIdstring

Comes in Acord 103

Example:Bank_1

Example

AdhocDisbursementParty

object
partyRolestring

Allowed values:OWNERPRIMARYBENEFICIARYCONTINGENTBENEFICIARYINSUREDPAYORPAYEEAGENTPRIMARYWRITINGAGENTPRIMARYSERVICINGAGENTADDITIONALSERVICINGAGENTADDITIONALWRITINGAGENTTHIRDPARTYDESIGNEEJOINTOWNERCOVERAGEINSUREDASSIGNEEANNUITANTEXCHANGECOMPANYJOINTANNUITANTGRANTORTRUSTEEPOWEROFATTORNEYAUTHORIZEDSIGNATORYOTHERINTERESTEDPARTYCONTINGENTOWNERTHIRDPARTYADMINISTRATORCARRIERSUCCESSORTRUSTEECOVERAGEJOINTINSURED

partyIdstring

unique identifier linking the party to the policy

Example:Party_PI_1

paymentFormstring

Allowed values:DTCCCREDITCARDACHCHECKWIREEXCHANGEPREMIUMLOAN

allocationPercentagenumber(double)

The percentage of the total disbursement allocated to the payee

Example:100

bankIdstring

A unique identifier for the financial institution handling the transaction

Example:Bank_1

addressIdstring

A unique identifier for the address associated with the payee or policyholder

Example:1

forBenefitOfOrForFurtherCreditstring

FBO - For Benefit Of, FFC - For Further Credit. (To notate a second beneficiary or to designate a person or organization when funds are disbursed out)

Example:John Doe

forBenefitOfOrForFurtherCreditIndicatorboolean

Indicates whether the outgoing funds are being requested for the benefit of or for further credit to another person or organization.

Example:true

Example

AdhocExternalIdentifiers

object
referenceNumberstring

The unique payment reference number for all premium-related

externalTransactionIdstring

The unique ID to identify transaction on carrier side

Example