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Policy

SystematicProgramSetupRequest

object
correlationIdstring

The unique ID to track transaction request across all systems

Example:657b717b7dcf554abf9ef067

effectiveDatestring

Date (with pattern “yyyy-mm-dd”) when the transaction was originally scheduled or expected to happen, can be a non-business day

Example:2023-01-01

reverseInitiatorboolean

Property to isolate source transaction(s) that initiated the reversal

Default:false

Example:true

systematicProgramobject
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externalIdentifiersobject
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Example

SystematicProgramUpdateRequest

object
correlationIdstring

The unique ID to track transaction request across all systems

Example:657b717b7dcf554abf9ef067

effectiveDatestring

Date (with pattern “yyyy-mm-dd”) when the transaction was originally scheduled or expected to happen, can be a non-business day

Example:2023-01-01

reverseInitiatorboolean

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

Default:false

Example:true

arrangementIdstring

The unique payment number for payments by the party

Example:Arr_1

systematicProgramobject
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Example

Payee

object
partyIdstringrequired

Party ID is a unique identifier assigned to a party (individual or entity) involved in an insurance or annuity contract. This identifier helps ensure accurate data exchange and tracking across insurance transactions

Example:Party_PI_1

percentagenumberrequired
bankIdstringrequired
Example

PolicyWithdrawal

object
allocationOptionTypestringrequired
disbursementTypestringrequired
frequencystringrequired
effectiveDatestringrequired
amountTypestringrequired
amountnumberrequired
payeesarray[object]required
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taxWithholdingInstructionsarray[object]required
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Example

FinancialTransactionTransactionTypeEnum

string

Allowed values:PartialWithdrawalOneTimeFullSurrenderNewLoanOneTimePremiumSystematicProgramUpdateLoanRepaymentOneTimeSystematicLoanRepaymentSetup