What is the difference between a net and gross disbursement?
A. Gross refers to the actual dollar amount requested and does not take into consideration applicable charges or fees. When requesting a gross disbursement for a specific amount, the check amount will be less than the specified amount. Net refers to the requested check amount after all applicable charges or fees are taken. When requesting a net disbursement for a specific amount, the check amount will be the amount requested but the actual disbursement applied to your policy will usually be greater than the requested amount.
