Description |
Government Allotment Suspense Account Amount |
Type : Currency |
Definition |
The amount in the special account used to hold the differences between the allotments received and the premiums due. If this amount is negative, it becomes a debit to the policy and any dividend paid is first used to repay this account balance. If this amount is positive, it becomes a credit to the policy and is transferred to the policy's dividends on the next anniversary. It is applicable when payment method = Government Allotment. |
Parents |
Policy |