We are excited to announce a major enhancement to our payment system. Effective immediately, on all Life products, your clients’ initial premium payments will draft their bank accounts on the day they request it – not a few days later.
The best part? There’s nothing for you to do. If your client picks the second Tuesday of each month – their payment will come out on the second Tuesday of each month. No new forms or applications for you to worry about.
Also, don’t forget to let your clients know they have options when selecting the date their payment comes out.
Flexible Payment Date Options
- Any day between the 1st and 28th of every month
- The last day of every month
- A day/week combination – for example, the third Friday of every month
If you have any questions, please contact your Sales Director or Account Executive.