Number of HD step policy. Unique within portfolio.

Name of HD step policy.

Subperil or combined subperils that trigger loss.

Options can specify collection of subperils, e.g. if WATER is specified either coastal flood and inland flood trigger loss, but wind is excluded as trigger. Not applicable to interaction steps.

Start date of policy in 8601 format, e.g. 2020-01-01T00:00:00.000Z. If multiple dates are specified in the HD step policy, earliest inceptionDate is used. Not applicable to interaction steps.

Applicable if Apply Contract Dates option is specified in model profile, otherwise first year in period event table is used.

Time of policy expiration in ISO 8601 in date-time format. If multiple dates are specified in the HD step policy, latest expirationDate is used. Not applicable to interaction steps.

When the Apply Contract Dates option is selected for HD model profiles, an analysis considers the earliest inception date and the latest expiration date across all the policies in an account.

If an account has HD step policies only, the analysis considers the earliest inception date (and latest expiration date) across all relevant child steps as the contract inception (and expiration) date, i.e., for cases where childOrderId is an empty string. It ignores interaction record dates.

Method used to determine payoutAmount.

• If Standard, the value of payoutAmount represents a constant, flat amount. Typical of simple steps.
• If Step, the value of payoutAmount represents a cap on the amount payout. Typical of interaction steps.

Determines if the payouts, deductibles, and calculations are per risk (Standard) or per building (Step).

• If Step, terms (payoutAmount and excessAmount) are applied per building. If the step policy covers multiple locations that have a single building, the terms apply to each location. If the step policy covers multiple locations that each have multiple buildings, terms apply to each building separately.
• If Standard, terms (payoutAmount and excessAmount) are applied per risk. Indicates that the terms apply to the total loss from all locations covered by the policy. If a single simple step is flagged as per risk, all other simple steps and interaction steps are considered per risk.

Comma-separated list of stepOrderId values. Used in interaction steps to identify steps that are subject to the specified subjectFuction. Not applicable to simple steps.

Function used to calculate payout for steps identified in childOrderId.

• If simple step, None.
• If interaction step, one Min, Max, or Sum to identify the function applied to payout of childOrderId steps or to identify additional action on current step.

Loss type or coverages that can trigger payout. Not applicable to interaction steps.

Scope of payment by step. Payment may be limited to ground up losses. Not applicable to interaction steps.