Electronic Policy Delivery Consent

AFFIRM can display an electronic policy delivery consent question on the Participant Details tab for natural parties (natural owner, joint owner, annuitant and Joint Annuitant) based on Ownership\AllowedRelationship\RelatedRole and pass the indicator, as well as the associated email address to the Carrier via the DTCC APP.

Non-Natural owner support was added as part of our Summer 2022 Release.

Based on feedback from Distributor partners as well as our Product/R&D team, we are no longer allowing customization of the question text/prompt. There are enhancements being considered for the electronic delivery process. Please engage our AFFIRM Product Manager if you have feedback / suggestions on this process.

Participant Details

 Order Summary

DTCC APP

APP/SUB Record: B3320

• Item # 4328 Contract Entity E-mail Address
• Item # 4329 Contract Entity E-mail Address Qualifier
• Item # 4330 Electronic Delivery Indicator

Macro to Check if e-Delivery Quesiton will be Presented

key('PPfA-PolicyProduct')/ AnnuityProduct/FeatureTransactionProducts
[TransType=$ACORD/OLI_TRANS_UPDFORMINSTANCE
and TransSubType=$ACORD/OLI_TRANSSUB_EPOLICYDELIVERY]
and key('DP')/DistributionAgreements/PolicyProductInfos
[ProductCode=key('AnnuityOrderPolicy')/ProductCode
and CarrierCode=key('AnnuityOrderPolicy')/CarrierCode]/AllowedFeatureTransactions
[TransType=$ACORD/OLI_TRANS_UPDFORMINSTANCE
and TransSubType=$ACORD/OLI_TRANSSUB_EPOLICYDELIVERY]

Modeling Excerpt from PPfA

Feature Transaction Product

<AnnuityProduct>
    <FeatureTransactionProduct id="_f55e7a16-dd57-4977-9c27-003b0e934c67">
          <TransType tc="510">FormInstance Update</TransType>
          <OLifEExtension VendorCode="03" ExtensionCode="08-2.225.11">
                <TransSubType tc="1000300320">Electronic Policy Delivery</TransSubType>
          </OLifEExtension>
    </FeatureTransactionProduct>
</AnnuityProduct>

Delivery Info on Ownership/AllowedRelationship for the relevant RelatedRole
<AllowedRelationship>
	<OriginatingRole tc="35">Annuitant</OriginatingRole>
	<RelatedRole tc="35">Annuitant</RelatedRole>
	<RelationshipCC>
		<Relationship tc="168">Self</Relationship>
	</RelationshipCC>
	<MinNumRelatedRolePlayers>1</MinNumRelatedRolePlayers>
	<MaxNumRelatedRolePlayers>1</MaxNumRelatedRolePlayers>
	<MinAgeRelatedRolePlayer>20</MinAgeRelatedRolePlayer>
	<MaxAgeRelatedRolePlayer>85</MaxAgeRelatedRolePlayer>
	<OLifEExtension VendorCode="03" ExtensionCode="12-2.225.03">
		<DeliveryInfo id="_8daa4ce8-e690-4720-90c5-0b2b9f0729f5">
			<DocumentCategory tc="7">Contract and Policy Pages</DocumentCategory>
			<DocumentSubCategory tc="7">New Business Policy Package</DocumentSubCategory>
			<LineOfBusiness tc="0">0</LineOfBusiness>
			<DeliveryDestination id="_9d0a855b-8ce3-4131-9da4-eae0a5d11c69">
				<DocumentDestinationType tc="3">E-Mail</DocumentDestinationType>
			</DeliveryDestination>
		</DeliveryInfo>
	</OLifEExtension>
</AllowedRelationship>

Modeling Excerpt from DP

<PolicyProductInfo>
    <ProductCode>ANNUITYPRODUCT</ProductCode>
    <CarrierCode>12345</CarrierCode>
    <PlanName>Retirement Cornerstone 15.0 Series E</PlanName>
    <NettingAllowedInd tc="1">True</NettingAllowedInd>
    <AdvancingAllowedInd tc="0">False</AdvancingAllowedInd>
    <CommScheduleCode>CS_ANNUITY_PRODUCT</CommScheduleCode>
    <EffDate>1900-01-01</EffDate>
    <ExpDate>9999-12-31</ExpDate>
    <CommOptionAvailable>
          <CommOption tc="6">6</CommOption>
          <CarrierCommCode>01</CarrierCommCode>
          <CommOptionDesc>1</CommOptionDesc>
          <MinAvailableAge>0</MinAvailableAge>
          <MaxAvailableAge>80</MaxAvailableAge>
          <EffDate>1900-01-01</EffDate>
          <CommOptionName>1</CommOptionName>
          <Sequence>1</Sequence>
    </CommOptionAvailable>
    <AllowedFeatureTransaction id="_504ce683-7930-4233-a8ee-ac50e3c5a522">
          <TransType tc="510">FormInstance Update</TransType>
          <TransSubType tc="1000300320">Electronic Policy Delivery</TransSubType>
    </AllowedFeatureTransaction>
    <AllowedFeatureTransaction id="_36bb9c58-7ec5-4ec4-9133-1e2d986570a0">
          <TransType tc="510">FormInstance Update</TransType>
          <TransSubType tc="1022500310">NAVA E-Signature Request</TransSubType>
    </AllowedFeatureTransaction>
</PolicyProductInfo>