Reseller/partner/broker that could participate in commissions etc.
Who should receive communication for the account?
Is a Legal Entity in BFS which defines the contact information. For example, an insurance account can be owned by an insurance company but the confirmation notes and account statements should be sent to another Legal Entity, this is then the relationship defined for the Contact.
Who is decision maker?
Is a Legal Entity in BFS. On a capital insurance account, the owner of the account is not always the user that should be set as a decision-maker on a trade. Therefore it is possible to set a default decision-maker on the account, the legal entity signing the contract on for example the owner of the insurance. This property is important when doing the TRS reporting. TRS2 in Bricknode Broker
The owner of the insurance
Is a Legal Entity in BFS. The legal entity signing the contract on the insurance and is owner of the insurance.
The insured entity
Is a Legal Entity in BFS. The legal entity who is insured.
The entity that pays the premium
Is a Legal Entity in BFS who pay for the insurance.