Question: Why don’t I get good results when using the field ‘Policy Full Term Premium’?
Answer: Policy Full Term Premium is entered by the AMS user and is not maintained by the AMS interface. When changes are made to the policy, this field requires the user to manually re-calculate and update it.
Accurate Premium amounts are obtained from the set of fields that begin with ‘Policy Transaction Premium’:
Total Premium equates to ‘Cost’.
Queries using these fields will return one record for each Policy Transaction Premium record of a Policy, so they must be summed in a report generator to give the total for the policy.
Note: the Daily Querier has taken a task to create QueryPlus fields that sum these fields up to the Policy level. They will be available shortly.