Pre-authorized debit | A simpler, easier, more accessible way to pay premiums

Contract Administration February 12, 2025


Do you have clients who wait to receive their premium notice by mail before making their payment? Unfortunately, this can lead to oversights or delays, especially if there are postal service interruptions.

Offer them the peace of mind that comes with pre-authorized debit!

Strong arguments

  • Convenience: Payments are made automatically on the due date, eliminating the need to pay each invoice manually.
  • Security: Pre-authorized payments are secure and reduce the risk of late payments, which can prevent coverage interruption.
  • Budget management: Allows for better planning of a budget by knowing exactly when payments will be made.

Choosing the right payment frequency

Choosing pre-authorized debit means greater flexibility in choosing payment frequency.

FrequencyPre-authorized debit

Bank accountCredit card
MonthlyNot available
Every 6 monthsNot available
Annually

To view the terms and conditions for pre-authorized debit, log in and consult the Payment methods section in the Premiums/Payments – Procedures guide.

Questions?

Call our Client relations centre: 1-888-558-5525