Navigation:  Loan Screens > Insurance Screen Group > Policy Detail Screen > Policy Information tab > Insurance Information field group > Policy Term

Entry: User, numeric

F/M: Yes

Mnemonic: INTERM

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

 

Use this field to indicate the term of the selected insurance policy in months.

 

The number of months entered here is added to the Policy Effective Date field to determine the ending date of the amortization period. This field is required for all calculations.