Indemnity Scheme Eligibility Value Threshold Checker

Exact independently applicable indemnity value-floor screen only. Actual programme rules, objects, security, loans and eligibility remain externally verified; value does not establish coverage or approval.

Description

An indemnity value threshold belongs to an applicable scheme and independently established valuation.

An indemnity value threshold belongs to an applicable scheme and independently established valuation.1

Comparing amounts does not determine eligibility or coverage.

When to use Indemnity Scheme Eligibility Value Threshold Checker

Use this tool to calculate or review the supplied observations under the stated rules. Establish the object or visitor scope, measurement units and independently applicable conservation, engineering, access or editorial reference.

How to use Indemnity Scheme Eligibility Value Threshold Checker and understand its results

  1. Establish the object or visitor scope, measurement units and independently applicable conservation, engineering, access or editorial reference.
  2. Enter independentlyVerifiedDeclaredValueMinor, callerApplicableMinimumValueMinor, using the field meanings and rules below, then run the tool.
  3. Read result.meetsCallerValueScreen, result.signedValueThresholdDifferenceMinor. Use the units and sign conventions below.
  4. Correct any reported input issue and run again. Before using a successful result, check the stated units, signs, reference scope and observation coverage.
Input fieldMeaningValue typeRequirement
independentlyVerifiedDeclaredValueMinorIndependently verified declared value minornumberRequired
callerApplicableMinimumValueMinorCaller applicable minimum value minornumberRequired

Require nonnegative safe-integer declared value and threshold in one currency's minor units. Return value≥threshold and exact signed value−threshold. Equality meets the supplied value screen.

meetsValueScreen=(valueMinor≥thresholdMinor); differenceMinor=valueMinor−thresholdMinor

Use the matching field units and the exact boundary, ordering and reference rules above.

Output fieldMeaningValue type
resultStructured result; its nested fields below contain the actual calculation or selected referenceobject
result.meetsCallerValueScreenMeets Caller Value Screenboolean
result.signedValueThresholdDifferenceMinorSigned Value Threshold Difference Minor; preserve the subtraction order and sign defined in the mechanicsnumber
json
{
  "input": {
    "independentlyVerifiedDeclaredValueMinor": 1000,
    "callerApplicableMinimumValueMinor": 500
  },
  "output": {
    "result": {
      "meetsCallerValueScreen": true,
      "signedValueThresholdDifferenceMinor": 500
    }
  }
}

Limitations and assumptions

Object condition, observation coverage and applicable references determine applicability. A supplied comparison or record does not certify conservation treatment, engineering, access compliance or insurance eligibility.

Missing required fields, unknown fields, wrong types and violated rules return input issues. Numeric values and outputs must be finite. Extremely large composite outputs are rejected.

Alternative or Complementary methods

For a related step, use Insurance Valuation Uplift Percent by Category Lookup: Insurance uplift categories belong to a specified insurer, policy and valuation context. For a complementary comparison, use Condition Rating Scale 1-5 Converter to Text Grade: Condition grades belong to an adopted assessment vocabulary and reference.

References

  1. Indemnity Scheme Eligibility Value Threshold Checker — tool.io

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