UD Underwriting Status
To identify and describe underwriting status of submitted applications
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code identifying the status of a business transaction, such as a claim, policy, real estate, or securities transaction
L101112: If UD-10 is present, then at least one of UD-11 or UD-12 is required
Code identifying the status of a business transaction, such as a claim, policy, real estate, or securities transaction
Code indicating the decision made by the underwriter
Date expressed as CCYYMMDD
UD04 is the date of the underwriting decision.
A free-form description to clarify the related data elements and their content
UD05 is the reason for the underwriting decision.
Code specifying the basis on which the underwriter offers to provide coverage
Number assigned for differentiation within a transaction set
UD07 and UD09 are used to indicate the underwriting level.
Code specifying the basis on which the underwriter offers to provide coverage
Number assigned for differentiation within a transaction set
A free-form description to clarify the related data elements and their content
UD10 is used to describe the reason for the flat extra.
Percentage expressed as a decimal
UD11 is used to describe the percentage of a rating.
Monetary amount
A generic number
UD13 describes the number of years special rating conditions are applicable.
Code (Standard State/Province) as defined by appropriate government agency
UD14 and UD15 are used to indicate the place where the application was signed.
Code identifying the country
Code (Standard State/Province) as defined by appropriate government agency
UD16 and UD17 are used to indicate the location of the delivery of the policy.
Code identifying the country