Accounts-In-View Policy Screen Help Page

The Policy Information Page provides you full policy information and will list multiple policies (one on top of the other) if they exist on this loan. Please review the chart below for a description on each field within this page.
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Policy Screen Fields explanation
Broker FeeThis is a placement fee charged by the agent/broker and is typically fully earned.
Policy NumberThis is sequence number for the number of policies listed under this loan.
Policy #This is the alphanumeric code assigned to a specific policy by the insurance carrier or the general agent on behalf of the carrier. TBI may be displayed if no policy number existed at the time of quoting.
Effective DateThis is the date on which insurance coverage offered by the policy begins.
Company NameThis is the name of the insurance company listed on this policy.
GA NameThis is the name of the General Agent (GA) listed on this policy (if one exists).
S/L Broker #1This is the name of the Surplus Lines Broker on the policy (if one does not exist on the policy, then None will appear. A Surplus Lines Broker is a wholesale broker which transacts business directly on behalf of an insurance company or on behalf of another agency.
S/L Broker #2This is the name of the second Surplus Lines Broker on the policy (if one does not exist on the policy, then None will appear. A Surplus Lines Broker is a wholesale broker which transacts business directly on behalf of an insurance company or on behalf of another agency.
Type of CoverageThis is the type of insurance provided by a policy.
Comp. Cancel DateThis is the effective date of cancellation issued by the insurance company.
Policy TermThis is the duration of an insurance policy expressed in months.
Min. Earned PremiumThis is the amount of pure premium that is earned at a minimum upon cancellation.
Add'l Premium NumberIf additional premiums have been added to this loan, this displays the number of that additional premium. This isn't the policy number, but rather it is the occurrence of this additional premium. If the loan has been endorsed 3 times with new additional premiums, and this policy is related to the 3rd endorsement, this field would have a "3" in it.
Policy PremiumThis is the gross premium not including any taxes or fees.
Fin. Taxes & FeesThese are taxes and/or fees that are not collected with the down payment but rather financed over the life of the loan along with the premium.
Policy TaxesThese are taxes on the policy that are collected with the down payment.
Policy FeesThese are fees on the policy that are collected with the down payment.
Days to CancelThis is the maximum number of days within which an insurance carrier must issue its own notice of cancellation on a policy after receiving a notice of cancellation from a premium finance company.
Commission % This is the commission percentage that is retained by the agent/broker.
Returned PremiumThis is the total amount of return premium that has been received from the insurance company.


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