M1 Insurance

To specify details related to insurance

Position: M1-01 · Element: 26 · Name: Country Code · Type: Identifier (ID) · Requirement: Mandatory · Min: 2 · Max: 3 · Repeat: 1

Code identifying the country

M101 is the code identifying the country in whose currency the insurance is specified.

Position: M1-02 · Element: 14 · Name: Carriage Value · Type: Numeric (N0) · Requirement: Optional · Min: 2 · Max: 8 · Repeat: 1

Carriage value expressed in whole units of the standard monetary denomination for the currency specified

Position: M1-03 · Element: 74 · Name: Declared Value · Type: N2 · Requirement: Optional · Min: 2 · Max: 12 · Repeat: 1

Monetary assigned value expressed in the standard monetary denomination for the currency specified

Position: M1-04 · Element: 122 · Name: Rate/Value Qualifier · Type: Identifier (ID) · Requirement: Optional · Min: 2 · Max: 2 · Repeat: 1

Code qualifying how to extend charges or interpret value

Position: M1-05 · Element: 98 · Name: Entity Identifier Code · Type: Identifier (ID) · Requirement: Optional · Min: 2 · Max: 3 · Repeat: 1

Code identifying an organizational entity, a physical location, property or an individual

M105 (organization identifier) is the code for the beneficiary of the insurance policy.

Position: M1-06 · Element: 61 · Name: Free-Form Message · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 30 · Repeat: 1

Free-form information

M106 is free-form information used to describe the type of insurance coverage.

Position: M1-07 · Element: 122 · Name: Rate/Value Qualifier · Type: Identifier (ID) · Requirement: Conditional · Min: 2 · Max: 2 · Repeat: 1

Code qualifying how to extend charges or interpret value

P0708: If either M1-07 or M1-08 is present, then the other is required

M107 through M112 may be used to specify the values to be used in insurance formulas. For example: M107 and M108 may specify the basis of application and the premium rate ($0.25 per hundred), M109 and M110 may specify the value at which insurance is to be obtained (insure at 110% of bill of lading value), and M111 and M112 may specify the premium rate (rate of .015 per dollar).

Position: M1-08 · Element: 782 · Name: Monetary Amount · Type: Decimal number (R) · Requirement: Conditional · Min: 1 · Max: 18 · Repeat: 1

Monetary amount

Position: M1-09 · Element: 1004 · Name: Percent Qualifier · Type: Identifier (ID) · Requirement: Conditional · Min: 1 · Max: 2 · Repeat: 1

Code to qualify percent

P0910: If either M1-09 or M1-10 is present, then the other is required

Position: M1-10 · Element: 954 · Name: Percent · Type: Decimal number (R) · Requirement: Conditional · Min: 1 · Max: 10 · Repeat: 1

Percentage expressed as a decimal

Position: M1-11 · Element: 1004 · Name: Percent Qualifier · Type: Identifier (ID) · Requirement: Conditional · Min: 1 · Max: 2 · Repeat: 1

Code to qualify percent

P1112: If either M1-11 or M1-12 is present, then the other is required

Position: M1-12 · Element: 954 · Name: Percent · Type: Decimal number (R) · Requirement: Conditional · Min: 1 · Max: 10 · Repeat: 1

Percentage expressed as a decimal