Premium can be collected

1) Premium can be Collected only For Ordinary Premium Payment Policies and not for Salary Savings Policy(SSS).

2) Premium can be collected for monthly, quaterly, halfyearly and yearly modes only.

3) Premium can be collected only for inforce policies.

4) Premium can be collected within 6 months from the Due Date except for some term insurance policies. For some Term Insurance policies Within 15days only - plans 153- Anmol Jeevan,164-Anmol Jeevan-1, 177- Amulya Jeevan, 190 Amulya Jeevan.

5) Premium cannot be collected for ULIP and Health Policies . 140- Bima Plus,172-Future Plus,173-Jeevan Plus,180-Money Plus,181-Market Plus,187-Fortune Plus,    188-Profit Plus ,901-Health Plus,191-Market Plus,193-Money Plus.

6) Premium can be collected 30 days in advance from the due date.

7) Late fee is computed @8%. Minimum late fee is Rs 5/-.

8) Premium cannot be collected for Next Financial Year. Ex During March 2009 premium cannot be collected for April 2009.