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PERIODIC DISCLOSURES FORM NL39: RURAL & SOCIAL OBLIGATIONS (QUARTERLY RETURNS) Insurer: Universal Compo General Insurance Company Limited Date : As on 31st Dec 2011 (in Lakhs) Rural & Social Obligations
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How to fill out premium collected
How to fill out premium collected:
01
Start by opening the premium collected form provided by your insurance company. This form is typically used to record the amount of premium payments received.
02
In the designated field, enter the date on which the premium was collected. Make sure the date is accurate and clearly written.
03
Next, input the name of the policyholder or the insured individual. This information is crucial to ensure proper allocation of the premium collected.
04
Indicate the policy or contract number associated with the premium payment. This unique identifier helps in tracking and organizing the premium collected for each specific policy or contract.
05
Specify the payment method used to collect the premium. It could be cash, check, credit card, or any other accepted form of payment. Write down the details accordingly.
06
Add the amount of premium collected in the designated field. Double-check the numbers to ensure accuracy and avoid any discrepancies.
07
If there are any additional remarks or notes related to the premium collection, jot them down in the provided space. This may include any special instructions, references, or other relevant details.
Who needs premium collected:
01
Insurance companies require premium collected information to maintain accurate records of the premiums received from their policyholders. This helps them in managing their financials, track payment trends, and ensure proper accounting.
02
Policyholders or insured individuals may need to keep a record of the premium collected as a proof of payment. This document can be useful for any future claims, policy renewals, or tax-related purposes.
03
Insurance brokers or agents who facilitate the premium collection process on behalf of the insurance company may require the premium collected information to reconcile their records and commissions.
In summary, filling out the premium collected form involves providing the necessary details such as the date, policyholder's name, policy number, payment method, amount collected, and any additional remarks. Insurance companies, policyholders, and insurance intermediaries are the key parties that benefit from this information.
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What is premium collected?
Premium collected refers to the total amount of money received from customers for insurance coverage or policies.
Who is required to file premium collected?
Insurance companies or agents who collect premiums from policyholders are required to file premium collected.
How to fill out premium collected?
Premium collected can be filled out by recording the total amount of premiums received from customers during a specific period.
What is the purpose of premium collected?
The purpose of premium collected is to track the total amount of money received from customers for insurance coverage and policies.
What information must be reported on premium collected?
The information that must be reported on premium collected includes the total amount of premiums collected, customer details, and policy information.
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