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Date: 2003-06-10
Source: TBG8 Insurance
0. INTRODUCTION This specification provides the definition of the Insurance premium payment message (PRPAID) to be used in Electronic Data Interchange (EDI) between trading partners involved in administration, commerce and transport.
1. SCOPE
1.1 Functional definition The Insurance Premium Payment message is used by communicating parties to notify the recipient about premium or claim amounts to be collected, evaluated, paid, not paid or partly paid, either individually or in series via bordereau or statements.
The message may be exchanged between insurers or between insurers and insurance intermediaries.
1.2 Field of application The Insurance premium payment message may be used for both national and international applications. It is based on universal practice related to administration, commerce and transport, and is not dependent on the type of business or industry.
The Insurance Premium Payment message is applicable for both national and international insurance.
1.3 Principles - The Insurance Premium Payment Message refers to insurance premium or claim amounts.
- The Insurance Premium Payment Message covers all types of premium collection or claim settlement.
- The Insurance Premium Payment Message can be used for:
a. premium bordereau
b. claims bordereau
c. statement
d. response to statement
e. response to Insurance Premium message.
- The Insurance Premium Payment message is not a fund transfer message.
- The Insurance Premium Payment message structure is as follows:
a. general information valid for the whole message
b. information about the involved parties
c. information about paid, partly paid or not paid insurance premiums or claim amounts
d. total amounts valid for the whole message.
2. REFERENCES See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 1.
3. TERMS AND DEFINITIONS
3.1 Standard terms and definitions See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 2.
4. MESSAGE DEFINITION
4.1 Data segment clarification This section should be read in conjunction with the segment table which indicates mandatory, conditional and repeating requirements. |