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Front-Load Stub Period behavior

This reference describes how the Front-Load Stub Period option behaves across different quote terms, ramp frequencies, and feature configurations.

Examples of generated intervals

The following table shows how the Front-Load Stub Period option generates intervals for different combinations of quote term and ramp frequency.

Table 1. Stub interval examples by quote term and ramp frequency

Quote term

Ramp frequency

Generated intervals

15 monthsAnnual3-month stub interval, followed by one 12-month interval
14 monthsQuarterly2-month stub interval, followed by four 3-month intervals
20 monthsSemi-annual2-month stub interval, followed by three 6-month intervals

Expected behavior by scenario

The following table describes how the Front-Load Stub Period option behaves in each supported scenario.

Table 2. Front-Load Stub Period behavior by scenario

Scenario

Behavior

The feature is deactivatedThe existing ramp behavior remains unchanged.
The user profile is not configured for the featureThe Front-Load Stub Period option is not available.
The quote has a standard termThe Front-Load Stub Period option is not displayed or is not applied.
The quote uses a custom ramp frequencyThe Front-Load Stub Period option is not available.
The quote has an eligible non-standard termYou can front-load the stub period.
Multiple feature access rules existThe system applies the rule that matches the user profile.