PointInTimeValuation Rule

The PointInTimeValuation business rule is used to enable and configure Point-in-Time valuation.

 

Explanation of Key Elements

The <WriteBegin> element must be set to Yes to enable PointInTimeValuation. The <WriteEnd> element allows for two values:  Always and FundChange.  When <WriteEnd> is set to Always, the valuation results will be written to the database every time the valuation calculations are preformed on the policy. When <WriteEnd> is set to FundChange, the valuation results will only be written to the database if there has been a change in the fund value.

 

 

XML Schema

<PointInTimeValuation>

   <WriteBegin>[Yes/No]</WriteBegin>

   <WriteEnd>[Always/FundChange]</WriteEnd>

</PointInTimeValuation>

 

Refer to the prototype example for additional information.