• Selection of the Report button will bring up a pop-up window that will allow the user to enter criteria in order to run product restriction reports. 

• Selection of the History button will bring up a pop-up window that will allow the user to enter criteria to view change history for product restrictions. 

• The download/upload buttons allow users to download the product restriction configuration into a file and upload those configuration into other AnnuityNet environments.

• The Restriction Scope can be used for those partners who support both New Application/Subpay transactions and AnnuityMaintenance transactions to toggle between APP/SUB restrictions and AMP restriction views.

The tool supports text colors in order to identify restrictions that have been enforced due to the carrier PPfA, Cross Product, Carrier Specific and Parent firm for correspondents. 

The Product Availability Restrictions tab allows distributors to

• Restrict Transaction Types by Carrier and Product.

• Restrict Jurisdictions by Carrier and Product

• Restrict Transaction Types by Carrier, Product, and State

To restrict a Transaction Type or Jurisdiction by Carrier and Product, first, select the Carrier and Product from the dropdowns on top of the screen. Then check the checkboxes for the Transaction Types or Jurisdiction you want to restrict. Once the checkbox for a Transaction Type is checked, all the Jurisdiction checkboxes disappear so you will not have to restrict each Jurisdiction individually. In the example below, the product is restricted for all New Applications and for the state of Alabama for Subsequent Premium transactions.

Product Availability Restrictions – Restricting Transaction Type or Jurisdiction by Carrier and Product

Open

To restrict a Transaction Type by Carrier, Product, and State, select the Carrier and State from the dropdowns on top of the screen. The system will return a list of available products and transaction types. You can then:

• Click on a transaction type to restrict that transaction type for all products listed, or

• Click on a product listed under a transaction type to restrict that product for that transaction type.

The Carrier Specific Restrictions tab allows restrictions based on the carrier selected. This tool is designed for restrictions that apply across all products for a specific carrier. Product restrictions that apply for all of a carrier's clients should be handled in the PPfA.

Details of the available restrictions based on the selected carrier will display. Restrictions can be made to Owner Type, Plan Type, Payment Methods for Initial Premium and Subsequent Premium, Age Limits for Owner and Annuitant, Common Product Riders, and Common Product Service Programs for Applications and Subpays.

Product Specific Restrictions 

Details of the available restrictions based on the selected carrier will display. Restrictions can be made to Owner Type, Plan Type, Payment Methods for Initial Premium and Subsequent Premium, Age Limits for Owner and Annuitant, Common Product Riders, Common Product Service Programs for Applications and Subpays, and Product-Specific Service Programs and Riders. 
In addition, distributors can set restrictions for Riders or Service Features that are not yet modeled in the PPfA. By inputting the Feature Acord Type Code, the Feature Code, and the Feature Option Code, distributors can specify that a type of Rider or Service Program be restricted for Application, Subsequent Premium, or both if the carrier were ever to add the Rider or Service program to the PPfA for that product.

Other Custom Restrictions

Clients can also have other custom restriction functionality that would be layed out on the screen as additional tabs or sub-categories within a tab. 

Restrictions that are applied under the Product Availability Restrictions tab, Cross-Product Restrictions tab, Carrier Specific Restrictions tab and Product Specific Restrictions tab can be exported into Excel file upon selection of the Reports button for reporting purpose.