EFT Expanded to All Payment Modes for New and In-Force Business

New Business

We are excited to announce that we have expanded the EFT payment option for life (excluding FLX) and DI new business from monthly, to now include quarterly, semi-annual and annual modes. To accommodate this enhancement, EFT forms have been updated to include the EFT option for all payment modes. Be sure to use the newest version of the EFT form found on Producer Workbench. 

In-Force Business

We are excited to announce that we have expanded the EFT payment option for most existing life (excluding FLX), annuity, and disability policies to now include quarterly, semi-annual, and annual modes. There is no fee for these new modes to be on EFT.