Fee
objectattributesobjectrequired
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Example
Coverages
objectattributesobjectrequired
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participantsarray[object]required
Show Child Parameters
feesarray[object]required
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Example
PolicyFeeAttributes
objectfeeIdstringrequired
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
objectattributesobjectrequired
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Example
FeaturesAttributes
objectfreeLookInvestDurationstringrequired
Free Look-Invest Duration
Example:12
freeLookExpirationDatestringrequired
Free Look-Invest Expiration Date
Example:2022-06-30
Example