InitialPremAmt

Description
Initial Premium Amount

Type : Currency

Definition
This amount is the calculated initial premium required to put the policy or rider inforce. This is not meant to reflect any payments applied towards "satisfying" the initial premium. Actual premium that has been paid can be found on FinancialActivity. PaymentAmt is not intended to reflect the required initial premium.It is possible for someone to pay nothing in first year because of rollover amounts, CWAAmt, etc. So the PaymentAmt on the Policy would not indicate what the actual initial premium amount would be.

Parents
DisabilityHealth Life Rider