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Cancellation Code |
  
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Navigation: Loan Screens > Insurance Screen Group > Policy Detail Screen > Policy Information tab > Cancellation Information field group >
Cancellation Code
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Cancellation Code |
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Entry: User, drop-down menu
F/M: Yes
Mnemonic: INCANC
Screen: Loans > Insurance > Policy Detail > Policy Information tab
Use this field to indicate the reason the selected insurance policy was canceled (if applicable). Possible selections in this field are:
| CODES | DESCRIPTION |
| 1 | Early payoff |
| 2 | Flat cancel |
| 3 | Claims reference |
| 4 | Insured request |
| 5 | Repossession |
| 6 | Repo 1st day |
| 7 | Refinance |
| 8 | Death claim |
| 9 | Bankruptcy |
| 10 | Legal |
| 11 | Charge-off |
| 20 | Reinstate |