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Nov 05, 2014 at 09:38 AM

What does upstream period-based mean of TMF (FUNC 1)?


Could anybody give some explanation about TMF validity Type 1. (e.g. BVC, PREMSPLIT)?

Actually I want to know the dependencies between TMF (FUNC 1) and Effective Date.

Because I want to set the next date of TMF for premium splitting (FUNC 1) as follows:

After release a new policy, I want to set the next date in Planned Processing Activity before the effective data.
For example, Payment frequency is Quarterly, effective date is Mar/01/2014 and the next date of TMF should be on Feb/01/2014.

Is this possible business scenarios in terms of the standard behavior of TMF?

If yes, please let me know the implementation steps.

Thank you in advance.

Best regards,