Uses the Component:LossPayeeType
The LossPayee component represents the entity that is named as a payee in the event of a loss.
Table 6.34. Fields and Components
| Name | Description | Occurrence | Type | Data Type | User Notes |
|---|---|---|---|---|---|
| CompanyName |
The Company Name of the Loss Payee. | 0..1 | Field | udt:NameType | |
| SpecifiedAddress |
The Address component represents the address for the Loss Payee. | 0..1 | Component | AddressABIEType | |
| FinanceSourceLossPayeeIndicator |
Indicates whether the finance source is either the loss payee or an additional insured party. | 0..1 | Field | udt:IndicatorType |
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 6.34. LossPayee
<LossPayee>
<CompanyName>......</CompanyName> [0..1]
<SpecifiedAddress>......</SpecifiedAddress> [0..1]
<FinanceSourceLossPayeeIndicator>......</FinanceSourceLossPayeeIndicator> [0..1]
</LossPayee>