...
For instance, if you have a policy 25.01 - 31.12, with monthly installment, should we have an installment period and Calculate Date Backwards is yes, we will have installment periods for 25.01-31.01, 01.02-28.02, 01.03-31.03..... 01.12-31.12.
If this is set to 5 days as an example, then we will have 25.01-31.01, 01.02-28.02, 01.03-31.03..... 01.12-31.12.
If it is set to a standard of 15 days or so, we will have 25.01-28.02, 01.03-31.03...., 01.12-31.12
...