If your credit union offers payment protection insurance, then monthly you should produce the borderaux as required by CUNA Mutual. Once produced, you need to clear the report down, in readiness for the next month. We have incorporated this step as a safeguard rather than clearing the report automatically at month end.
The other reports pertained to insurance being paid up front, but can be used for internal information purposes, breaking down each insurance premium collected, where the borderaux collates premiums based on their rates.