Prepaid expenses

You have show  oping  Debit  balance  as prepaid  Insurance account as  on 1/4/2020  , then  if  25000/-  prepaid  for  3 months ( April , May . June )   then  in each month  you pass  entry as follows 

Insurance  Expense  A/c   Dr 

To Prepaid  insurance  A/c   Cr 

(  prepaid  Insurance  Exp adjusted ) 

Nice to understand both the answers.

First book it like:

Prepaid insurance dr.asset

To Bank a/c asset

then when ever it expires pass the above entries:

Insurance expense dr, income statement

To Prepaid insurance Cr. Asset reduced. 

What does the insurance contracts say about this? Do we have to use purchase account or debit bank directly?