The premium is the matter of implementing the contract therefore the timeofpayment should not be the time the contract begins to go into effect.
保险费的缴交是合同履行问题,不应将保险费缴交的时间作为财产保险合同法定的生效时间;
2
If a party does not pay a sum of money when it falls due the other party is entitled to interest upon that sum from the time when payment is due to the timeofpayment.
如果一方未支付到期款项,另一方有权从该款项到期应支付之日起对该笔款项计算利息。
3
Article 88 the sum specified on a cheque sighed and issued by the drawer shall not exceed the actual balance of the drawer's deposit in the paying bank at the timeofpayment.