Definition and content
On a notice of payment, you will find the totals of all premium statements by cover: Life/Death, Income Care (= waiver of premiums and disability annuity) and/or Health Care. If payment has not yet been made for the previous due date, it will be included. This means that you only need to consult and pay the amount that appears on the most recent notice of payment.
You may receive multiple notices of payment. For example, if there are different company numbers or you requested at the outset to have one or more covers invoiced separately.
Note: please always make the payment based on the notice of payment. Pay with 'structured remittance information' and to the bank account number stated on the notice of payment.
What information can I find on the notice of payment?
The notice of payment has three parts :
- General information with the transfer form
- Totals of premiums per cover for the indicated period (= last due date)
- The total for the period (and possibly the balance of previous periods)
Use
This document is used for the following administrative tasks:
- Determining overall costs per cover, cost centres, etc.
- The accounting department will only see totals by cost centre, not employee details