What is an EDI 273 Insurance/Annuity Application Status Document?
EDI 273 is an electronic document containing information about the status of insurance and annuity.
The transaction set can be used for the following purposes:
- To notify about the status of a life insurance application
- To notify about the status of an annuity application
- To assist the insurance underwriting process
The data contents and format of EDI 273 Insurance/Annuity Application Status are used for the electronic interchange of information. It is divided into various segments and data elements.
Workflow for the Exchange of an EDI 273 Insurance/Annuity Application Status Document
EDI 273 falls under the category of X12N Insurance transaction sets. Insurance providers, trading partners, real estate agents, investors, and guarantors use the transaction set to exchange information regarding the status of an insurance/annuity application. The transaction set is also used to exchange information about insurance and annuity.
Stay EDI Compliant with EDIConnect
EDIConnect is designed to handle EDI X12 and EDIFACT transaction sets. EDIConnect, bundled with its built-in EDI parser, validator, and transaction builder, makes the process of sending and receiving EDI messages quick and easy. It also enables businesses and trade partners to communicate in a seamless manner and achieve EDI compliance.