| Item | Explanation |
|---|---|
| Alteration Type | Each alteration type has a different set of subtypes. |
| Alteration | Changes to the premium and benefits. |
| Conserved Prem Reduction | When changes have been made to lower the premium and benefits by CC or Conservations to keep the policy active after a request from the client to cancel the policy or lower the premium or place the policy on hold. |
| Conserved 3 month RB 1st Movement | This is when the client is offered an option to lower the premium for 3 months. |
| Conserved 3 month RB 2nd Movement | This movement must be saved immediately after the 1st movement to ensure the premium returns to normal after the 1st movement. |
| Conserved 6 mth RB 1st Movement | This is when the client is offered an option to lower the premium for 6 months. |
| Conserved 6 mth RB 2nd Movement | This movement must be saved immediately after the 1st movement to ensure the premium returns to normal after the 1st movement. |
| UG conserved | When the client agrees to a partial upgrade after cancelling the upgrade. |
| UG cancelled | When the upgrade is cancelled. |
| UG Comm Date moved | When the upgrade is moved to start later. |
| General | A regular alteration – for eg – removing child cover for 1 month |
| Claim | Claims uses this when changes are made to a debility claim paying out. |
| Auto premium reduced | Conservations offers auto prem reductions when the policy is close to lapsing. |
