Collection Class

To introduce a delinquency process at different levels (i.e. person or account) in a person's hierarchy, the following three collection methods are available while defining a collection class:

  • Self-Control Delinquency - Used when you want to create a distinct delinquency process for a person or an account that belongs to the collection class. You can use this collection method for both the fully insured group business and the fully insured individual business.

  • Parental Delinquency - Used when you want to evaluate the debt of a person or an account that belongs to the collection class while monitoring the parent person's delinquency. You can use this collection method only for the fully insured group business.

  • Not Eligible for Collection - Used when you to ignore a person or an account that belongs to the collection class while monitoring the delinquency. You can use this collection method for both the fully insured group business and the fully insured individual business.

Let us understand this with the help of an example.

The following table illustrates an example of how the system behaves when the respective collection method is used for a collection class for a specified entity.
Entity Type Entity Collection Class Collection Method System Behavior…
Account A1 CC1 Self-Control Delinquency

  • The system creates a distinct delinquency process for the A1 account.

  • The bills of the A1 account are considered while monitoring the delinquency of the A1 account and not while monitoring the delinquency of the account's main customer or any of its parent person in the hierarchy.
A2 CC2 Parental Delinquency

  • The system does not create a distinct delinquency process for the A2 account.

  • The bills of the A2 account are considered while monitoring the delinquency of the account's main customer or any of its parent person in the hierarchy.
A2 CC3 Not Eligible for Collection

  • The system does not monitor the delinquency of the A3 account.

  • The bills of the A3 account are not considered while monitoring the delinquency of the account's main customer or any of its parent person in the hierarchy.
Person P1 CC4 Self-Control Delinquency

  • The system creates a distinct delinquency process for the P1 person.

  • The bills of the P1's accounts and its child persons' accounts are considered while monitoring the delinquency of the P1 person and not while monitoring the delinquency of any of its parent person in the hierarchy.
P2 CC5 Parental Delinquency

  • If the P2 person has a parent person, the system does not create a distinct delinquency process for the P2 person. The bills of the P2's accounts and its child persons' accounts are considered while monitoring the delinquency of any of its parent person in the hierarchy.

  • If the P2 person does not have a parent person, the system creates a distinct delinquency process for the P2 person. The bills of the P2's accounts and its child persons' accounts are considered while monitoring the delinquency of the P2 person.
P3 CC6 Not Eligible for Collection

  • The system does not monitor the delinquency of the P3 person. But the system monitors the delinquency of the P3's accounts and its child person's when the collection method in the respective collection class is set to Self-Control Delinquency.