Policy/Product Indicators
- Saurav Bhattarai
Code | Primary indicators | Dimension | Description |
|---|---|---|---|
P1 | Number of policies | Time, Insurance product | The number of policies of given insurance product on the last day of a respective period (Status of the policy is Active, the last day of period is within <Effective date, Expiry day>) |
P2 | Number of new policies | Time, Insurance product | The number of new policies of given insurance product during a respective period (Enrolment date is within the respective period, there is no preceding policy with the same (or before converted) insurance product forgiven policy) |
P3 | Number of suspended policies | Time, Insurance product | The number of policies for given insurance product that were suspended during a respective period (Status of the policy is Suspended, suspension took place within the respective period) |
P4 | Number of expired policies | Time, Insurance product | The number of policies for given insurance product that expired during a respective period (Status of the policy is Expired, expiration took place within the respective period) |
P5 | Number of renewals | Time, Insurance product | The number of policies that were renewed forgiven insurance product (or a converte done) during a respective period ( Enrolment date is within the respective period, there is a preceding policy with the same (or before converted) product forgiven |
P6 | Number of insurees | Time, Insurance product | The number of insurees covered by policies of given insurance product on the last day of a respective period (An insuree belongs to a family with an active coverage on the last day of the respective period-see P1 ) |
P7 | Number of newly insured insurees | Time, Insurance product | The number of insurees covered by new policies of given insurance product during a respective period (An insuree belongs to a family with newly acquired policy during the respective period-see P2 ) |
P8 | Newly collected Contributions | Time, Insurance product | Amount of acquired Contributions (for policies of given insurance product) during a respective period ( Date of payment of a Contribution is within the respective period) |
P9 | Available Contributions | Time, Insurance product | Amount of Contributions that should be allocated for policies of given insurance product for a respective period provided a uniform distribution throughout the insurance period takes place. (If the respective period overlaps with <Effective date, Expiry day> of a policy then a proportional part of corresponding Contributions relating to the respective period is included in available Contributions) |
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