Definition and content
A "Classical Life" premium statement contains the premiums for the group insurance plan, per type of coverage: supplementary pension, death, orphan's pension and/or accidental death. There are different types of statements. We have provided an example of the two most common ones below. Note: premium statements are not payment documents.
What kind of information can I find on a premium statement?
A premium statement is divided into three parts:
- General information
- Premiums per person, broken down by employer and employee contributions
- Total premiums and taxes
Use
This document can be practical for the following administrative needs:
- to look up employer contributions for your staff members
- to look up your employees' individual premiums (to withhold them from their salary)