Bank Draft Authorization Form and Procedures

The Bank Draft Authorization Forms and procedures for completing the forms are critical steps in getting cases quickly and accurately drafted, credited for payment and issued. Some of the key points of this process are listed below. Bank Draft Authorization Forms The Bank Draft Authorization forms can be found in Forms Depot and are also included in the application packets. Bank Draft Authorization Form Number: AGLC108493—2015 Rev0516 At issue, if the bank draft form has been received and there are no other outstanding requirements, the initial premium will be drafted automatically if the following conditions are met: The premium amount
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Categories: American Continental and Medicare Supp./Adv..

American General: Product Bulletin

Secure Income Plus® & DisabilityCare® Discontinuation As of April 30, 2016, the Secure Income Plus (Policy Form 02114) and DisabilityCare (Policy Form 04500) products are being discontinued. Transition Rules Effective April 30, 2016, we will no longer accept new application in the home office for Secure Income Plus and DisabilityCare. Any applications received in-house prior to April 30, 2016, will continue to move through standard NB/UW processes. All applications received prior to April 30, 2016, must be fully completed, signed and dated or they will be rejected at submission. Those applications that have been rejected prior to April 30th, and
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Categories: American Continental and Disability Income Insurance.