Group Term Life Accrued Revenue Report Details

Effective

Policy effective date.

Contract

Policy contract number.

Policyholder

Policyholder name.

Policyholder state.

Report Period

Period of time the report covers.

Census

Policy enrollment.

Volume

Coverage amount.

Unit

Purchased benefit amount.

Gross Premium

Gross premium amount.

Deductions

Deductions applied toward the premium as follows

Comm

Commission payment.

Carrier

Carrier fee.

Prem Tax

Taxes paid on the premium.

MGU Fee

Managing General Underwriter fee.

Override

Override cost.

Excess Layer Net

Amount applied toward excess layers (coverage above the base coverage).

Net Premium

Premium amount remaining after all deductions.