LossPayee

Uses the Component:LossPayeeType

The LossPayee component represents the entity that is named as a payee in the event of a loss.

Fields and Components

Table 6.76. Fields and Components

Name Description Occurrence Type Data Type User Notes
CompanyName

The Company Name of the Loss Payee.

0..1Field udt:NameType  
SpecifiedAddress

The Address component represents the address for the Loss Payee.

0..1ComponentAddressABIEType 
FinanceSourceLossPayeeIndicator

Indicates whether the finance source is either the loss payee or an additional insured party.

0..1Field udt:IndicatorType  

Sample XML

The XML Sample provided here is an approximation of the generated XML for this component. Not all of the fields are required for implementation.

Example 6.76. LossPayee

<LossPayee>
     <CompanyName>......</CompanyName>     [0..1]
     <SpecifiedAddress>......</SpecifiedAddress>     [0..1]
     <FinanceSourceLossPayeeIndicator>......</FinanceSourceLossPayeeIndicator>     [0..1]
</LossPayee>