Get the free ARM Life Direct Debit Authorisation Form NIBBS

The Managing Director ARM Life Plc 8 Kasumu Ekemode Street Off Saka Tinubu Street Victoria Island Lagos Dear Sir Direct Debit Mandate Kindly take this as an authority to debit my account stated below for premium payment in respect of my investment/protection policy. The details of my account are as follows Account Name Account Number Bank Name Bank Branch Amount Frequency of payments Monthly Quarterly Biannually Annually Date of payments1 Policy or Proposal Number This mandate shall remain in...

How to fill out arm life direct debit

How to fill out arm life direct debit

1. Gather all the necessary information and documents needed to fill out the ARM Life Direct Debit form.
2. Ensure you have the correct bank account information, including the account number and sort code.
3. Enter your personal details accurately, including your full name, address, and contact information.
4. Indicate the amount you want to authorize ARM Life to debit from your bank account.
5. Specify the frequency of the direct debit payments, such as monthly or annually.
6. Read and understand the terms and conditions of the ARM Life Direct Debit agreement.
7. Sign and date the form to confirm your authorization for the direct debit payments.
8. Submit the completed form to ARM Life through the designated channel, whether by mail or online submission.

Who needs arm life direct debit?

1. Anyone who has opted for an ARM Life insurance policy and wants to pay their premiums through automatic bank debits.
2. Individuals who prefer the convenience of automated payment methods and want to avoid manual premium payments.
3. Those who want to ensure timely premium payments without the risk of missing deadlines.
4. ARM Life policyholders who have a valid and active bank account from which they can authorize direct debit payments.

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What is arm life direct debit?

ARM life direct debit is a payment method where funds are automatically deducted from a bank account to pay for insurance premiums.

Who is required to file arm life direct debit?

Policyholders who have chosen to pay their insurance premiums through direct debit are required to file ARM life direct debit.

How to fill out arm life direct debit?

To fill out ARM life direct debit, policyholders need to provide their bank account information and authorize the insurance company to deduct funds for premium payments.

What is the purpose of arm life direct debit?

The purpose of ARM life direct debit is to provide a convenient and automated way for policyholders to pay their insurance premiums.

What information must be reported on arm life direct debit?

Policyholders must report their bank account details, payment amount, and authorization for automatic deductions on ARM life direct debit.