C1-TRPOLPTRM

This algorithm is invoked when the status of a delinquency process is changed to Pending Termination. It changes the status of all active policies which are billed to the delinquent person or account to a status (i.e. Pending Termination) which is specified in the Pending Termination Policy Status parameter. While deriving an active policy, the system considers the active status code which is specified in the Active Policy Status parameter.

In addition, this algorithm does the following:

  • Stamps the termination date and termination reason corresponding to the respective policy

  • Creates a log entry in each policy indicating that it is terminated due a delinquency process

  • Creates a log entry for each policy in the delinquency process

  • Stamps the delinquency process ID as a characteristic using the C1-DELPO characteristic type on the policy

It contains the following parameters:

  • Active Policy Status - Used to specify the active status code of a fully insured group policy. Here, you must specify the status code which is defined in the lifecycle of the C1-POLICY business object.

  • Pending Termination Policy Status - Used to specify the pending termination status code of a fully insured group policy. Here, you must specify the status code which is defined in the lifecycle of the C1-POLICY business object.

Both these parameters are mandatory.

Note:

The system derives the policies using an algorithm which is attached to the Policies Derivation system event of the respective delinquency process type.

This algorithm is only applicable for the fully insured group business.