Deletes the specified HD step policy.

An HD step policy is an insurance payment structure that follows a step-like function, where the payment amount is a prescribed value over a certain interval (step) and jumps to another prescribed value in an adjacent interval. HD step policies support both simple steps and interaction steps.

📷

Step Policy (DLM model)

Risk Data API supports both HD step policies and DLM step policies. This operation returns only HD step policies.

To delete a DLM step policy, use the Delete Policy operation.