M1 Insurance

To specify details related to insurance

Position
Element
Name
Type
Requirement
Min
Max
Repeat
M1-01
Country Code
Identifier (ID)
Mandatory
2
2
-
Code identifying the country.
M101 is the code identifying the country in whose currency the insurance is specified.
M1-02
Carriage Value
Numeric (N0)
Mandatory
2
8
-
Carriage value expressed in whole units of the standard monetary denomination for the currency specified.
M1-03
Declared Value
N2
Conditional
2
10
-
Monetary assigned-value expressed in the standard monetary denomination for the currency specified.
M1-04
Rate/Value Qualifier
Identifier (ID)
Conditional
2
2
-
Code qualifying how to extend charges or interpret value.
M1-05
Entity Identifier Code
Identifier (ID)
Conditional
2
2
-
Code identifying an organizational entity or a physical location.
M105 (Organization Identifier) is the code for the beneficiary of the insurance policy.
M1-06
Free Form Message
String (AN)
Conditional
1
30
-
Free-form information.
M106 is free-form information used to describe the type of insurance coverage.

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