Code identifying the country

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

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

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

Code qualifying how to extend charges or interpret value

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

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

Free-form information

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

Code qualifying how to extend charges or interpret value

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).

Monetary amount

Code to qualify percent

Percentage expressed as a decimal

Code to qualify percent

Percentage expressed as a decimal