Oracle® Insurance Policy Administration 9.4.1.0 E23637_01

# Anniversary

Anniversary is a system generated activity. The first Anniversary activity is spawned from the Issue activity and processes exactly one year from the policy issue date. Anniversary then continuously spawns itself with a processing date of one year from the date when the previous Anniversary activity processed (processed Anniversary effective date plus one year).

The policy and segment duration, insured attained age, and policy switch counts are updated when the Anniversary activity processes.

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