DEFRASumPremsITD

Description
DEFRA Sum Premiums Issue-To-Date

Type : Currency

Definition
The sum of the premiums paid into the policy since issue, with adjustments for disbursements and 'force-outs' (as defined by the Technical and Miscellaneous Revenue Act of 1988 (TAMRA) legislation). This is similar in concept to Cost Basis of the policy (Holding/Basis), but note that all values are not influenced by any taxable amounts (where cost basis is adjusted by nontaxable amounts). This is a U.S. specific property.

Parents
LifeUSA