Premium Unit Value {optional}#
This component specifies the unit value to be used in the premium amount calculation.
Is the premium rate set per unit value (e.g. per 1000)?
Yes: Choose the rule to be used
No: Go to B0650
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01* | Unit Value | Specify the <BC Value> on the component (e.g. 1000). The specified value is the unit value by which the premium rate varies, for example, per $1000 or per $100 of coverage. B0650 must be completed if B0640 is used. | B0620 B0640 | B0650 |
