| Description |
| Net Current Amount |
| Type : Currency |
| Definition |
| Represents the current benefit amount payable, after adjustments as defined by the policy. For example, if a $250,000 Universal Life Policy has a loan, the CurrentPayableAmt would reflect the current amount of coverage (i.e. Coverage/CurrentAmt) LESS funds necessary to pay-off all loans. As another example, a variable policy coverage may pay the current coverage amount PLUS some percentage of a fund's growth. The actual calculation may include various other fees or components. |
| Parents |
| Coverage CovOption |