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562 Rate or Value Type Code

Length
Length of 1 to 2 characters
Allowed Codes
46 defined values

Rate or Value Type Code (562), is an Identifier type element, and with a length of 1 to 2 characters. Sign up free or login to view the full element and download it in Markdown or console (text) formats.

Allowed Codes
Code Description
1 Base Coverage
2 Coverage for Rider
3 Coverage in Units
4 Retention Per Life
5 Retention Per Policy
6 Total Reinsurance Amount

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See every allowed code, usage note, and implementation detail for Rate or Value Type Code. Download it in console (text) or Markdown format, or use the tedi CLI to access the full X12 reference from your terminal.

Appears in segments

Used by transaction sets