UDA Underwriting Condition
UDA Underwriting Condition
To specify the condition under which insurance coverage is offered
Position
Element
Name
Type
Requirement
Min
Max
Repeat
UDA-01
Offer Basis Code
Identifier (ID)
Mandatory
2
3
-
Code specifying the basis on which the underwriter offers to provide coverage
UDA-02
Description
String (AN)
Optional
1
80
-
A free-form description to clarify the related data elements and their content
UDA02 is the reason for the condition under which the coverage is offered.
UDA-03
Quantity Qualifier
Identifier (ID)
Conditional
2
2
-
Code specifying the type of quantity
UDA-04
Quantity
Decimal number (R)
Conditional
1
15
-
Numeric value of quantity
UDA-05
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
UDA05 is the length of time, such as years, months, or days, for which the condition applies.
UDA-06
Amount
Numeric (N2)
Optional
1
15
-
Monetary amount
UDA06 is the amount of a flat extra rating.
UDA-07
Percent
Decimal number (R)
Optional
1
10
-
Percentage expressed as a decimal
UDA07 is a table rating expressed as a percentage.