Oracle® Insurance XML Configuration Guide Release 10.2.0.0 E62439-01
The valuation elements initiate the valuation functionality. A valuation will be run for a policy prior to the activity being processed. The valuation information can be used during activity processing.
If included, the valuation engine will be called and a record is written to AsValuation. The values will be PRIOR to the activity processing. This element should be included if the Assignment element is included.
Element/Tag |
Definition |
Attribute |
Element/Attribute Value and Description |
---|---|---|---|
<Valuation> |
This is the start and end tag for the element. |
EFFECTIVEDATE
|
String: As of date for valuation. Overrides the date set in the EffectiveDate tag. |
POLICYVALUES |
Yes or No: If Yes, applicable PolicyValues business rule will be run in conjunction with Valuation processing. If not configured and rule is present then PolicyValues will run. Default is Yes. |
||
VALUEFINANCIALENTRY |
Optional: 'Yes' or 'No', or a Field with a value of 'Yes' or 'No'. Yes: Financial entry calculations and math will need to be executed in PolicyValues BR. IsValueFinancialEntry context value will be assigned a values Yes. No: No financial entry calculation in PolicyValues IsValueFinancialEntry will have value No. Default Value ="No" |
||
<EffectiveDateNUVMustExist> |
|
|
Yes: NUVs as of the activity effective date must be present in order for the transaction to process. No: Product only contains fixed funds. |
<SystemDateNUVMustExist> |
|
|
Yes: NUVs as of the system effective date must be present in order for the transaction to process. No: Product only contains fixed funds. |
<Valuation>
<EffectiveDateNUVMustExist>No</EffectiveDateNUVMustExist>
<SystemDateNUVMustExist>No</SystemDateNUVMustExist>
</Valuation>
OR
<Valuation>
<EffectiveDateNUVMustExist>Yes</EffectiveDateNUVMustExist>
<SystemDateNUVMustExist>No</SystemDateNUVMustExist>
</Valuation>
Valuation element in Transaction
<Valuation POLICYVALUES="Yes|No" VALUEFINANCIALENTRY="Yes|No OR FieldName"> </Valuation>
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