PET - Plain English Taxonomy

Attribute:	PL17997
Concept:	Expense Insurance Premium Payments Amount
Label:	Premium payment
Concept Guidance:	This is the value, during the relevant period, of insurance premium payments paid for the provision of insurance under an insurance policy.This excludes legacy insurance arrangements where no insurance premium is payable because the insurance policy is based on a surrender value.

Dimensions

Dimension	Member	Description
InsuranceArrangeTypeByMemberCoverageDimension	(GroupInsurance)	This dimension classifies the types of insurance arrangement by member coverage. Represents a contract between the superannuation entity and an insurance company to provide insured benefits in respect to a group of members.
MaterialityDimension	(LargestGroupInsurance)	This dimension categorises the reported data according to materiality limits. The reported data reflects the group insurance policy that covers five percent or more of the total number of member accounts.
PayerDimension	(EmployerSponsor)	The information reported classifies data based on the payer of the item reported. This information reported is in relation to an employer sponsor as given within the meaning in the Superannuation Industry (Supervision) Act.
PeriodOffsetEffectivePeriodDimension	(CurrentPeriod)	This dimension is used to categorise reported information according to the time period within which it is expected to be effective. The reported information is effective during the current reporting period.
PolicyCodeDimension	(OI12216)	This is the unique identifier for the policy as used by the insurance intermediary.