AllocPremITD

Description
Allocated Premium Issue-To-Date

Type : Currency

Definition
The amount of the total premiums paid since issue (Life/TotCumPremAmt) that have been allocated to this coverage. This is used for surrender charge calculations. To specify Dividend Accumulated amounts, use a coverage of Accumulate Dividends. Specify AllocPremITD to demonstrate the amount of accumulated dividends issue to date.

Parents
Coverage