Division Table 2: Member insurance choice - Financial Sector (Collection of Data) (reporting standard) determination No. 40 of 2023 - Table 2: Member insurance choice

Table 2: Member insurance choiceTable 2: Member insurance choice

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Table 2: Member insurance choice

Report Table 2 as at the end of the reporting period.

Column	Field name	Unique identifier	Applicable to	Valid values	Description
1	Insurance Cluster Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters).	Report the insurance cluster identifier.
2	Insurance Cover Type	Y	All filers	Life InsuranceTotal And Permanent Disability InsuranceIncome Protection InsuranceOther Insurance	Report the insurance cover type.
3	Insurance Default Cover Offered Indicator	Y	All filers	YesNo	Report the default cover offered indicator.i.e. would the member have cover at the end of the reporting period if they had made no elections or applications regarding insurance cover.
4	Insurance Current Level Cover Type	Y	All filers	No CoverLess Cover Than DefaultDefault Level Of CoverMore Cover Than Default No UnderwritingMore Cover Than Default With Underwriting	Report the current level of cover.i.e. how does the member’s current level of cover compare the level of cover that they would have should they have made no elections or applications regarding insurance cover.
5	Insurance Cover Member Accounts Count		All filers	Whole numbers	Report the number of member accounts with insurance cover.
6	Insurance Cover Aggregate Amount		All filers	Whole dollars	Report the aggregate cover of member accounts with insurance cover. For IP Insurance this must be specified as an annual amount.