---
title: "TestValueAttributes"
url: "https://developers.zinnia.com/apis/policy-service-0-1-0/versions/8306e031-b41c-452a-a7ed-d73d65602086/schemas/TestValueAttributes"
---

> Full API specification: https://developers.zinnia.com/apis/policy-service-0-1-0/versions/8306e031-b41c-452a-a7ed-d73d65602086.md

# TestValueAttributes

## OpenAPI definition

```yaml
openapi: 3.0.0
info:
  title: Policy Service
  version: 0.0.21
servers:
  - url: https://qa.api.zinnia.io
components:
  schemas:
    TestValueAttributes:
      type: object
      properties:
        guidelineLevelPremiumTestDate:
          type: string
          example: 2021-01-01
          description: Guideline Level Premium Test Date
        definitionOfLifeInsuranceMethod:
          type: string
          example: Method A
          description: "The Definition of Life Insurance (DLI) refers to the IRS-defined
            criteria that a life insurance policy must meet to maintain its
            tax-advantaged status. Policyholders must choose between two
            IRS-approved tests to ensure compliance: Guideline Premium Test
            (GPT) Cash Value Accumulation Test (CVAT) Each test has different
            implications on premium limits, cash value growth, and tax
            treatment"
        guidelineSinglePremium:
          type: string
          example: "500"
          description: The Guideline Single Premium (GSP) refers to the maximum single
            premium payment that can be made into a life insurance policy
            without violating the IRS`s Guideline Premium Test (GPT). It is used
            to ensure that the policy qualifies as life insurance and maintains
            its tax-advantaged status
        guidelineAnnualPremium:
          type: string
          example: "1000"
          description: Guideline Annual Premium
        guidelineLevelPremiumExcessPayAmount:
          type: string
          example: "200"
          description: Guideline Level Premium Excess Pay Amount
        cumulativeGuidelineAnnualPremium:
          type: string
          example: "2500"
          description: Cumulative Guideline Annual Premium
        modifiedEndowmentContractTestDate:
          type: string
          example: 2022-01-01
          description: The MEC Test Date refers to the last date on which the life
            insurance policy was tested to determine whether it qualifies as a
            Modified Endowment Contract (MEC) under IRS regulations. This date
            is updated whenever a new MEC test is performed, ensuring the policy
            remains compliant with federal tax rules
        modifiedEndowmentContractMaximumContribution:
          type: string
          example: "3000"
          description: Modified Endowment Contract Maximum Contribution
        modifiedEndowmentContractDate:
          type: string
          example: 2022-05-01
          description: Modified Endowment Contract Date
        modifiedEndowmentContractIndicator:
          type: string
          example: YES
          enum:
            - YES
            - NO
          description: Modified Endowment Contract Indicator
        sevenPayPremium:
          type: string
          example: "1500"
          description: The 7-Pay Premium refers to the maximum allowable premium that can
            be paid into a life insurance policy during the first seven years
            without triggering Modified Endowment Contract (MEC) status. It
            ensures that the policy remains a tax-advantaged life insurance
            contract rather than an investment vehicle
        sevenPayPremiumStartDate:
          type: string
          example: 2023-01-01
          description: Seven Pay Premium Start Date
        sevenPayYear:
          type: string
          example: "5"
          description: Seven Pay Year
        sevenPayTestBasis:
          type: string
          example: Basis A
          description: The 7-Pay Test Basis refers to the total cumulative premium paid
            into a life insurance policy during the first seven years (the 7-pay
            period), as measured against the IRS 7-Pay Test limit. This amount
            is used to determine whether the policy qualifies as a life
            insurance contract or is classified as a Modified Endowment Contract
            (MEC).
        sevenPayTestLimit:
          type: string
          example: "3000"
          description: Seven Pay Test Limit
        sevenPayTestYearInPeriod:
          type: string
          example: "2"
          description: The Year in Period refers to the current year within the seven-year
            time frame of the 7-Pay Test. It is crucial because the 7-Pay Limit
            increases each year, and the test is updated annually to ensure the
            policy remains within IRS limits
      required:
        - guidelineLevelPremiumTestDate
        - definitionOfLifeInsuranceMethod
        - guidelineSinglePremium
        - guidelineAnnualPremium
        - guidelineLevelPremiumExcessPayAmount
        - cumulativeGuidelineAnnualPremium
        - modifiedEndowmentContractTestDate
        - modifiedEndowmentContractMaximumContribution
        - modifiedEndowmentContractDate
        - sevenPayPremium
        - sevenPayPremiumStartDate
        - sevenPayYear
        - sevenPayTestBasis
        - sevenPayTestLimit
        - sevenPayTestYearInPeriod
```