Navigation:  Loan Screens > Insurance Screen Group > Policy Detail Screen > Policy Information tab > Insurance Information field group > Amortization Start Date

Entry: User, date

F/M: Yes

Mnemonic: INDLAC

Screen: Loans > Insurance > Policy Detail > Policy Information tab

 

Use this field to indicate the date amortization of the selected insurance policy begins.

 

This is usually the beginning date of the insurance policy. The actual amortization period begins with this date and ends with a date that is calculated by adding the months in the Policy Term field to the date in the Policy Effective Date field.

 

This is a required field when calculating a refund based on the Amortization Method.