6.4. Insurance Policy Codes

The following are the conventions that Trumpet recommends for new insurance policies:

Policy Code:

Prefix the code with the type of policy it is, followed by a dash:

• LIF- for Life Insurance
• LTC- for Long Term Care Insurance
• DIS- for Disability Insurance
• ANN- for Annuity
• PC- for Property & Casualty (Home, Auto, Umbrella)
• OTH- for all other types of insurance

Add a 3 digit number to make the policy unique for the client.

Examples:
LIF-001
DIS-001
DIS-002

Policy Description:

owner + account type + carrier

Example: Candace Clark LTC Pacific Life