Assurance Details (Investment)

Product and Personal Details

Name

The Initials and Surname of the Policyholder.

Product

The Product Code and Product Name.

Cover Option Details

Effective Date

The effective date of these assurance details.

Sum Assured

The sum assured amount.

Note:

The system will display the Amount on the Member Values record with a UDPV TYPE of ASSURANCE DETAILS and value for UDPV SUBTYPE of SUM ASSURED.

Policy Purpose

The specific purpose of the Policy for the Policyholder.

Maturity Date

The date on which the Policy matures.

Note:

The system will display the End Date on the Member Values record with a UDPV TYPE of ASSURANCE DETAILS and value for UDPV SUBTYPE of MATURITY DATE.

Client Classification

PREMIER or STANDARD.

Occupation

The occupation of the member / policyholder.

Replacement Policy Details

Company

The name of the Company for the replacement policy.

Policy Number

The Policy Number of the Policy.

Insured Amount

The amount insured.

Policy Decision Details

Policy Decision

Selection from the following drop down list of values:

ACCEPTED *

CANCELLED

DECLINED *

LAPSED

NOT TAKEN UP

PENDING

REINSTATED

* Note:

The system will automatically update the value in this field to ACCEPTED if the answers to the medical questions (accessed from the MEDICAL action button) are per the table below:

If the answers to the questions or combination of answers to the questions are not as per above, this field will be updated to DECLINED.

For more information, refer to the Medical section above.

Reason

Selection from drop down of values. E.g.

EXTERNAL CLIENT

MEDICAL REASONS

OVER MAX AGE

Note:

The Reasons displayed for selection will depend upon the value in the Policy Decision field.

The following reasons will be displayed for selection per Policy Decision field value:

If Policy Decision field has been updated to DECLINED due to Medical Reasons, the Decision field will not be updateable.

End Date

The End Date on the Member Values record.