562 Rate or Value Type Code
- Type
- Identifier (ID)
- Length
- Length of 1 to 2 characters
- Allowed Codes
- 47 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
111
Individual Insurance Policy and Client Information
196
Contractor Cost Data Reporting
256
Periodic Compensation
267
Individual Life, Annuity and Disability Application
268
Annuity Activity
273
Insurance/Annuity Application Status
501
Vendor Performance Review
650
Maintenance Service Order
806
Project Schedule Reporting
820
Payment Order/Remittance Advice
839
Project Cost Reporting