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
- Establish the object or visitor scope, measurement units and independently applicable conservation, engineering, access or editorial reference.
- Enter independentlyVerifiedDeclaredValueMinor, callerApplicableMinimumValueMinor, using the field meanings and rules below, then run the tool.
- Read result.meetsCallerValueScreen, result.signedValueThresholdDifferenceMinor. Use the units and sign conventions below.
- Correct any reported input issue and run again. Before using a successful result, check the stated units, signs, reference scope and observation coverage.
| Input field | Meaning | Value type | Requirement |
|---|---|---|---|
| independentlyVerifiedDeclaredValueMinor | Independently verified declared value minor | number | Required |
| callerApplicableMinimumValueMinor | Caller applicable minimum value minor | number | Required |
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 field | Meaning | Value type |
|---|---|---|
| result | Structured result; its nested fields below contain the actual calculation or selected reference | object |
| result.meetsCallerValueScreen | Meets Caller Value Screen | boolean |
| result.signedValueThresholdDifferenceMinor | Signed Value Threshold Difference Minor; preserve the subtraction order and sign defined in the mechanics | number |
{
"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
Similar or alternative tools
- Insurance Valuation Uplift Percent by Category Lookup
Insurance uplift categories belong to a specified insurer, policy and valuation context.
- Condition Rating Scale 1-5 Converter to Text Grade
Condition grades belong to an adopted assessment vocabulary and reference.