ASC X12 004010

562 Rate or Value Type Code
TYPE=ID MIN=1 MAX=2

Code identifying method used to determine the type of rate, value, or percent details


1        Base Coverage
2        Coverage for Rider
3        Coverage in Units
4        Retention Per Life
5        Retention Per Policy
6        Total Reinsurance Amount
7        Face Amount
8        Coverage Amount
9        Specified Amount
B        Bailout
D        Declared
E        Earned
F        Fixed
G        Guaranteed
I        Indexed
O        Original
P        Paid
T        Tiered
W        Withheld
AB       Average Basic Rate
AC       Actual
AD       Advance
AE       Average Effective Rate
AR       Age Reduced Rate
BL       Blended
BO       Bonus
CB       Chargeback
CR       Conversion Rate
DR       Direct Rate
DT       Deferred Trail Rate
ES       Estimated
IN       Initial
OI       Overhead or Indirect Rate
OT       Other
PA       Participation
PO       Portfolio Rate
RF       Renewal First Year Rate
RR       Renewal Rate
RS       Renewal Subsequent Year Rate
SA       Special
SP       Split
SR       Standard Rate
TR       Trail Rate
UA       Unit or Lot Average
UT       Unit Total
VA       Variable