OID reference

LifeInsurancePolicy

2.16.840.1.113883.1.11.19861

Description

**Definition:** A policy under which the insurer agrees to pay a sum of money upon the occurrence of the covered partys death. In return, the policyholder agrees to pay a stipulated amount called a premium at regular intervals. Life insurance indemnifies the beneficiary for the loss of the insurable interest that a be…

Full description and source information

Identification

Identifier and names

Parent
2.16.840.1.113883.1.11 (harmonizationValueSets)
Node code
19861
Node names
  • LifeInsurancePolicy
  • v3-LifeInsurancePolicy
Numeric OID
2.16.840.1.113883.1.11.19861
URN notation
urn:oid:2.16.840.1.113883.1.11.19861
ASN.1, OID-IRI and named path variants
ASN.1 notation

{2 16 840 1 113883 1 11 19861}

  • {joint-iso-itu-t(2) country(16) us(840) organization(1) hl7(113883) internalHL7objects(1) harmonizationValueSets(11) v3-LifeInsurancePolicy(19861)}
  • {joint-iso-itu-t(2) country(16) us-joint(840) organization(1) hl7(113883) internalHL7objects(1) harmonizationValueSets(11) v3-LifeInsurancePolicy(19861)}
  • {joint-iso-ccitt(2) country(16) us(840) organization(1) hl7(113883) internalHL7objects(1) harmonizationValueSets(11) v3-LifeInsurancePolicy(19861)}
  • {joint-iso-ccitt(2) country(16) us-joint(840) organization(1) hl7(113883) internalHL7objects(1) harmonizationValueSets(11) v3-LifeInsurancePolicy(19861)}
OID-IRI notation
  • /2/16/840/1/113883/1/11/19861
  • /Country/840/1/113883/1/11/19861
  • /Joint-ISO-ITU-T/16/840/1/113883/1/11/19861
Named path variants
  • /joint-iso-itu-t/country/us/organization/hl7/internalHL7objects/harmonizationValueSets/LifeInsurancePolicy
  • /joint-iso-itu-t/country/us/organization/hl7/internalHL7objects/harmonizationValueSets/v3-LifeInsurancePolicy
  • /joint-iso-itu-t/country/us/organization/HL7/internalHL7objects/harmonizationValueSets/LifeInsurancePolicy
  • /joint-iso-itu-t/country/us/organization/HL7/internalHL7objects/harmonizationValueSets/v3-LifeInsurancePolicy
  • /joint-iso-itu-t/country/us-joint/organization/hl7/internalHL7objects/harmonizationValueSets/LifeInsurancePolicy
  • /joint-iso-itu-t/country/us-joint/organization/hl7/internalHL7objects/harmonizationValueSets/v3-LifeInsurancePolicy
  • /joint-iso-itu-t/country/us-joint/organization/HL7/internalHL7objects/harmonizationValueSets/LifeInsurancePolicy
  • /joint-iso-itu-t/country/us-joint/organization/HL7/internalHL7objects/harmonizationValueSets/v3-LifeInsurancePolicy
  • /joint-iso-ccitt/country/us/organization/hl7/internalHL7objects/harmonizationValueSets/LifeInsurancePolicy
  • /joint-iso-ccitt/country/us/organization/hl7/internalHL7objects/harmonizationValueSets/v3-LifeInsurancePolicy
  • /joint-iso-ccitt/country/us/organization/HL7/internalHL7objects/harmonizationValueSets/LifeInsurancePolicy
  • /joint-iso-ccitt/country/us/organization/HL7/internalHL7objects/harmonizationValueSets/v3-LifeInsurancePolicy
  • /joint-iso-ccitt/country/us-joint/organization/hl7/internalHL7objects/harmonizationValueSets/LifeInsurancePolicy
  • /joint-iso-ccitt/country/us-joint/organization/hl7/internalHL7objects/harmonizationValueSets/v3-LifeInsurancePolicy
  • /joint-iso-ccitt/country/us-joint/organization/HL7/internalHL7objects/harmonizationValueSets/LifeInsurancePolicy
  • /joint-iso-ccitt/country/us-joint/organization/HL7/internalHL7objects/harmonizationValueSets/v3-LifeInsurancePolicy

Meaning

Descriptions

1 unique

Identical descriptions are grouped. Different wording and device-specific notes are retained.

**Definition:** A policy under which the insurer agrees to pay a sum of money upon the occurrence of the covered partys death. In return, the policyholder agrees to pay a stipulated amount called a premium at regular intervals. Life insurance indemnifies the beneficiary for the loss of the insurable interest that a beneficiary has in the life of a covered party. For persons related by blood, a substantial interest established through love and affection, and for all other persons, a lawful and substantial economic interest in having the life of the insured continue. An insurable interest is required when purchasing life insurance on another person. Specific exclusions are often written into the contract to limit the liability of the insurer; for example claims resulting from suicide or relating to war, riot and civil commotion. *Discussion:*A life insurance policy may be used by the covered party as a source of health care coverage in the case of a viatical settlement, which is the sale of a life insurance policy by the policy owner, before the policy matures. Such a sale, at a price discounted from the face amount of the policy but usually in excess of the premiums paid or current cash surrender value, provides the seller an immediate cash settlement. Generally, viatical settlements involve insured individuals with a life expectancy of less than two years. In countries without state-subsidized healthcare and high healthcare costs (e.g. United States), this is a practical way to pay extremely high health insurance premiums that severely ill people face. Some people are also familiar with life settlements, which are similar transactions but involve insureds with longer life expectancies (two to fifteen years).

Sources for this description

HL7 Terminology

See 1 matching source record

Evidence

Source records

1 records

Matching descriptions are grouped; open a group to compare definitions and supporting files.

Records for description 1HL7 Terminology1 record · 1 source

Description 1

LifeInsurancePolicy, v3-LifeInsurancePolicy · activeHL7 Terminology1 source

Status in source: active.

Names: LifeInsurancePolicy, v3-LifeInsurancePolicy

Technical details
{
  "url": "http://terminology.hl7.org/ValueSet/v3-LifeInsurancePolicy",
  "date": "2014-03-26",
  "title": "LifeInsurancePolicy",
  "status": "active",
  "contact": [
    {
      "telecom": [
        {
          "value": "http://hl7.org",
          "system": "url"
        },
        {
          "value": "hq@HL7.org",
          "system": "email"
        }
      ]
    }
  ],
  "version": "3.0.0",
  "copyright": "This material derives from the HL7 Terminology THO. THO is copyright ©1989+ Health Level Seven International and is made available under the CC0 designation. For more licensing information see: https://terminology.hl7.org/license.html",
  "publisher": "Health Level Seven International",
  "experimental": false,
  "resource_type": "ValueSet",
  "oid_identifier": {
    "value": "urn:oid:2.16.840.1.113883.1.11.19861",
    "system": "urn:ietf:rfc:3986"
  }
}

Registration

Registration authorities

First Registration Authority (inferred from ancestor 2.16.840.1.113883)

W. Ted Klein

Current Registration Authority (inferred from ancestor 2.16.840.1.113883.1.11)

Ted Klein

Siblings (1736)

OIDNameDirect childrenDescendantsDescription
2.16.840.1.113883.1.11.19815 DependentCoveredPartyRoleType, v3-DependentCoveredPartyRoleType00
2.16.840.1.113883.1.11.19816 ParticipationExposureparticipation, v3-ParticipationExposureparticipation00
2.16.840.1.113883.1.11.19818 ActClassPolicy, v3-ActClassPolicy00
2.16.840.1.113883.1.11.19819 IssueFilterCode, v3-IssueFilterCode00
2.16.840.1.113883.1.11.19820 XActBillableCode, v3-xActBillableCode00
2.16.840.1.113883.1.11.19821 ActBillableModifierCode, v3-ActBillableModifierCode00
2.16.840.1.113883.1.11.19822 XActOrderableOrBillable, v3-xActOrderableOrBillable00
2.16.840.1.113883.1.11.19823 ContentProcessingMode, v3-ContentProcessingMode00
2.16.840.1.113883.1.11.19824 ActClassGenomicObservation, v3-ActClassGenomicObservation00
2.16.840.1.113883.1.11.19825 XActRelationshipRelatedAuthorizations, v3-xActRelationshipRelatedAuthorizations00
2.16.840.1.113883.1.11.19826 ControlActNullificationReasonCode, v3-ControlActNullificationReasonCode00
2.16.840.1.113883.1.11.19830 ResponsibleParty, v3-ResponsibleParty00
2.16.840.1.113883.1.11.19831 PowerOfAttorney, v3-PowerOfAttorney00
2.16.840.1.113883.1.11.19832 ActClassExposure, v3-ActClassExposure00
2.16.840.1.113883.1.11.19833 TransmissionRelationshipTypeCode, v3-TransmissionRelationshipTypeCode00
2.16.840.1.113883.1.11.19835 ActMoodCriterion, v3-ActMoodCriterion00
2.16.840.1.113883.1.11.19838 ActTaskMicrobiologyResultsReviewCode, v3-ActTaskMicrobiologyResultsReviewCode00
2.16.840.1.113883.1.11.19839 ActTaskOrderEntryCode, v3-ActTaskOrderEntryCode00
2.16.840.1.113883.1.11.19840 ActTaskMedicationListReviewCode, v3-ActTaskMedicationListReviewCode00
2.16.840.1.113883.1.11.19841 ActTaskRiskAssessmentInstrumentCode, v3-ActTaskRiskAssessmentInstrumentCode00
2.16.840.1.113883.1.11.19842 ActTaskClinicalNoteReviewCode, v3-ActTaskClinicalNoteReviewCode00
2.16.840.1.113883.1.11.19843 ActTaskPatientInformationReviewCode, v3-ActTaskPatientInformationReviewCode00
2.16.840.1.113883.1.11.19844 ActTaskClinicalNoteEntryCode, v3-ActTaskClinicalNoteEntryCode00
2.16.840.1.113883.1.11.19845 ActTaskPatientDocumentationCode, v3-ActTaskPatientDocumentationCode00
2.16.840.1.113883.1.11.19846 ActTaskCode, v3-ActTaskCode00
2.16.840.1.113883.1.11.19853 PayorRoleType, v3-PayorRoleType00
2.16.840.1.113883.1.11.19855 ActCoverageTypeCode, v3-ActCoverageTypeCode00
2.16.840.1.113883.1.11.19856 ActInsuranceTypeCode, v3-ActInsuranceTypeCode00
2.16.840.1.113883.1.11.19857 ActHealthInsuranceTypeCode, v3-ActHealthInsuranceTypeCode00
2.16.840.1.113883.1.11.19858 ActProgramTypeCode, v3-ActProgramTypeCode00
2.16.840.1.113883.1.11.19859 AutomobileInsurancePolicy, v3-AutomobileInsurancePolicy00
2.16.840.1.113883.1.11.19860 ManagedCarePolicy, v3-ManagedCarePolicy00
2.16.840.1.113883.1.11.19862 PublicHealthcareProgram, v3-PublicHealthcareProgram00
2.16.840.1.113883.1.11.19863 DiseaseProgram, v3-DiseaseProgram00
2.16.840.1.113883.1.11.19864 SubsidizedHealthProgram, v3-SubsidizedHealthProgram00
2.16.840.1.113883.1.11.19866 HL7AccommodationCode, v3-HL7AccommodationCode00
2.16.840.1.113883.1.11.19867 XBillableProduct, v3-xBillableProduct00
2.16.840.1.113883.1.11.19868 BiotherapeuticNonPersonLivingSubjectRoleType, v3-BiotherapeuticNon-personLivingSubjectRoleType00
2.16.840.1.113883.1.11.19869 AssignedNonPersonLivingSubjectRoleType, v3-AssignedNonPersonLivingSubjectRoleType00
2.16.840.1.113883.1.11.19871 ActCoverageReason, v3-ActCoverageReason00
2.16.840.1.113883.1.11.19877 CoverageSponsorRoleType, v3-CoverageSponsorRoleType00
2.16.840.1.113883.1.11.19883 UNSPSC, v3-UNSPSC00
2.16.840.1.113883.1.11.19884 UPC, v3-UPC00
2.16.840.1.113883.1.11.19885 GTIN, v3-GTIN00
2.16.840.1.113883.1.11.19886 ActPolicyType, v3-ActPolicyType00
2.16.840.1.113883.1.11.19887 XActClassCareProvisionEncounter, v3-xActClassCareProvisionEncounter00
2.16.840.1.113883.1.11.19888 XActClassCareProvisionObservation, v3-xActClassCareProvisionObservation00
2.16.840.1.113883.1.11.19889 XActClassCareProvisionProcedure, v3-xActClassCareProvisionProcedure00
2.16.840.1.113883.1.11.19890 XActStatusActiveComplete, v3-xActStatusActiveComplete00
2.16.840.1.113883.1.11.19891 XActStatusActiveSuspended, v3-xActStatusActiveSuspended00