UPX Step Function Record Fields for Import

1

RecTypeCode

Use record type 60.1 for step function records.

2

PolID

Policy identifier

3

NumberOfSteps

Number of steps in the step function, which determines how many times fields 5-19 are repeated in this record

4

TriggerType

Indicates how and for which coverages payouts are triggered

Fields 5-19 are repeated for each step in the step function that this record represents. That is, if you have three steps defined, you must fill out fields 5-19 three times each for a total of 49 fields: the first four fields that describe the step function as a whole, followed by fields 5-19 for the first step, then fields 5-19 for the second step, etc.

5

TriggerBuildingStart

Beginning of the building (Coverage A) damage range over which the corresponding payout(s) should be made

6

TriggerBuildingEnd

End of the building (Coverage A) damage range over which the corresponding payout(s) should be made

7

DeductibleBuilding

Building deductible that can be used, for example, to account for fire policies before applying step functions

8

PayoutBuilding

Payout that covers building (Coverage A) losses for this step

9

TriggerContentsStart

Beginning of the contents (Coverage C) damage range over which the corresponding contents payout should be made

10

TriggerContentsEnd

End of the contents (Coverage C) damage range over which the corresponding contents payout should be made

11

DeductibleContents

Contents deductible that can be used, for example, to account for fire policies before applying step functions

12

PayoutContents

Payout that covers contents (Coverage C) losses for this step

13

TriggerBuilding+ContentStart

Beginning of the combined building and contents (Coverages A and C) damage range over which the corresponding payout(s) should be made.

14

TriggerBuilding+ContentsEnd

End of the combined building and contents (Coverages A and C) damage range over which the corresponding payout(s) should be made

15

DeductibleBuilding+Contents

Combined building and contents deductible that can be used, for example, to account for fire policies before applying step functions

16

PayoutBuilding+Contents

Payout that covers combined building and contents (Coverages A and C) losses for this step

17

MinimumTIV

Minimum replacement value for which payouts to the corresponding damage range will be allowed

18

ScaleFactor

Percentage factor used to scale calculated losses

19

LimitAtDamage

Indicates whether the payout is limited by the actual ground-up loss