Insurance Status life cycle

Status life cycle of a Insurance subscription

Statuses definition:

• INITIALIZED: subscription has been initialized by insurance institution

• SUBSCRIBED: subscription accepted by insurance institution

• ACTIVATED: subscription activated at starting condition ( ex: manufacturer's warranty ended)

• TERMINATED; subscription terminated at ending condition

• REJECTED: subscription rejected by financial institution

• ABORTED: subscription has been aborted due to technical incident

• CANCELLED: subscription cancelled by financial institution

Status life cycle: