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