1161 Product Option Code

Code indicating an option chosen for the product

Type

Identifier (ID)

Length

Min 1 / Max 2

Codes

Code	Description
1	Pretax The money applied to benefits before federal taxes have been incurred
2	Post-tax The money applied to benefits after federal taxes have been incurred
3	Qualified
4	Non-qualified
5	401K
6	Individual Retirement Account
7	Keogh
8	Simplified Employee Pension
9	Single Premium
10	Flexible Premium
11	Variable Premium
12	Fixed Premium
13	Registered under the Income Tax Act of Canada
14	Non-Registered under the Income Tax Act of Canada
15	Registered Spousal Case Registered under the Income Tax Act of Canada with contributions made by the owner's spouse
28	Exclusive
29	Shopped
30	Lead Reinsurer
31	Facultative Excess
A	First to Die
B	Last to Die
BA	Bank Account
C	Child Rider An amendment which modifies the terms of the life contract or certificate of insurance as they pertain to a dependent child. It may increase or decrease benefits, waive a condition or coverage, or in any other way amend the original contract
D	Discontinue One-Bill Submission The individual employee has chosen to discontinue one-bill submission
GA	Government Allocation
N	Benefit Continuation Health benefits that continue to be paid after termination or death
NC	One-Bill Submission Not Chosen The individual employee has chosen not to participate in one-bill submission
O	One-Bill Submission The individual employee will submit only one bill
PD	Payroll Deduction
S	Salary Continuation Salary that continues to be paid after a disability

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