PET - Plain English Taxonomy

Attribute: BSL16459
Concept:
Label: Contractual regular contributions
Concept Guidance:
This is the value, as at the relevant date, for the total of all contractual regular contributions. These are the total gross premiums that are accepted through direct debit, have a specific contractual requirement for future on-going premiums, have an expectation of renewal each year (e.g. Yearly Renewable term products) or generally cause a policy to discontinue on cessation of future payment. 
Dimensions
Dimension Member Description
(ValuationTY)
The calculation basis on which values are reported.
Reported value is 'This Year' - current position, based on current year's valuation basis
This dimension is used to categorise information according to business activity.
This dimension is used to categorise reported information according to the jurisdictional reach to which that information relates.
This dimension categorises reported data according to predefined product groups.
(Gross)
This dimension identifies the valuation scenario, in relation to reinsurance expenses, under which the reported value was calculated.
The information reported is in relation to the value that has been calculated before allowing for any adjustment to the value of the asset or liability in accordance with treatment permitted under accounting standards or prudential standards.