You are here
How does the Unpaids section work?
Group
Question
How does the Unpaids section work?
Answer
Left hand side status headings
- Current Month Outstanding
- Total number of policies for which premiums have not been paid this month only. Detail per client will show the Rand value of each policy premium.
- Two Months Outstanding
- Total number of policies for which premiums have not been paid for two months running. Detail per client will show the total Rand value of all policy premiums missed.
- Non-Debit Order Clients
- Total number of policies usually paid manually for which premiums have not been paid. Detail per client will show total Rand value of all policy premiums missed.
Right hand side information table (scroll down to view on smaller mobile devices)
- Unpaids this month
- Total number of policies for which premiums have not been paid this month
- Monthly premium
- Total month premium for all unpaid policies this month
- Potential claw back commission
- Amount owed to FMI if these policies were to lapse
- Potential as and when commission lost
- Amount of as and when commission that will no longer be earned if polices were to lapse