Oracle® Insurance XML Configuration Guide Release 9.7.0.0 E51103-01
The GrossFullWithdrawal Assignment type, located in the transaction XML, is similar to PartialWithdrawal, but the charges are applied within the removal amount.
| Type |
GrossFullWithdrawal |
Type |
|---|---|---|
|
Allocations needed? |
No |
|
|
Attributes |
EXCLUDEFUNDTYPES |
Comma-separated list of fund types. Allows funds to be excluded from the allocations that are moving money into a fund, based on the type of fund. |
|
SURRENDERCHARGE |
Yes, No, or a field that holds Yes or No. Whether or not a surrender charge is applied. |
|
|
SURRENDERMONEYTYPE |
The type of money for the surrender charge. |
|
|
MVACHARGE |
Yes, No, or a field that holds Yes or No. Indicates whether there is an MVA Charge. |
|
|
MVAMONEYTYPE |
The MVA money type. |
|
|
REDEMPTIONFEE |
Yes or No. Indicates whether there is a Redemption Fee. |
|
|
REDEMPTIONMONEYTYPE |
The Redemption Fee money type. |
|
| FUNDOVERFLOWMONEYTYPE | Specifies the money type code of the fund overflow. | |
|
BUCKET |
The bucket for the EIFund. Must be an integer value. |
|
|
Element Value |
One or more MoneyType tags that define the amount and type of money to be applied. The tags can have an attribute named NETFIELD. |
|
Note:Assignment fields must be negative (removals). Allocation records are created by the system with PercentInAllocation set to the ratio of the fund value to the policy cash value %. This is similar to PartialWithdrawal, but the charges are applied within the removal amount. |
||
|
Used when |
Total Money-out |
|
|
Examples |
FreeLook |
|