When a lender pays the premium, the return premium is the lender's

Premium Finance

On a financed policy the finance company pays the carrier in full, so the agency earns its whole commission on the disbursement date instead of dripping in with the instalments, and the receivable moves from the client to the lender. The agreement carries the down payment, the amount financed, the APR and a level instalment schedule on simple interest that stays editable, because the lender's own paperwork is the authority. On cancellation the return premium clears the finance balance first and only the rest reaches the insured, and the commission chargeback follows the return premium the carrier actually issued.

The finance book

Insured, finance company, total premium, down payment, amount financed, APR and whether the lender has disbursed. The policy column comes with Insurance Agency Management.

By finance company

How much of the book each lender has financed, for the conversation about who to place the next one with.

Disbursed, commission earned

The parties, the loan, the disbursement and the cost of credit, and the receivable now sitting with the finance company rather than the client.

Paid, missed and due

Principal, interest and instalment on every line with the date it was paid — the missed instalment is the one the lender acts on.