Does your premium trust account tie out three ways?
Bank, trust ledger, and what you actually owe. Nothing is uploaded — the maths runs in your browser, and there's no signup.
1. The bank
The closing figure the bank shows.
One amount per line. Money you've sent that the bank hasn't posted yet.
One amount per line. Entered as amounts — the sign doesn't matter, these are always deducted.
2. Your trust ledger
What your own books say the trust account holds.
One per line, signed. Corrections not yet posted.
3. What you owe
One per line. Premium collected and owed onward.
One per line. Money held on an insured's behalf.
This column is only as good as your last commission reconciliation — you can't know what you owe a carrier until their statement is matched. Check a statement first.
The tie-out
Fill in the columns to see whether the three legs agree. Nothing you enter leaves this page.
This reference is not legal advice. Citations and summaries are transcribed from the NAIC's Fiduciary Responsibilities—Premiums chart (Spring 2025) and reflect that chart's own review dates, which vary by jurisdiction. Statutes change, and the chart may lag the current code. Confirm the current text of any provision with the jurisdiction's insurance department or your own counsel before relying on it. NAIC, Fiduciary Responsibilities—Premiums (Model Laws, Regulations, Guidelines and Other Resources, Spring 2025)
The ledger leg of this tie-out is what the product keeps for you, entry by entry, with a minimum-balance warning. How the trust-account ledger works in Policy Balance Hub.
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