Paying for Your Insurance

March 8, 2017 How We Help, Payment Options

Life is busy enough, so paying your premium should be simple and hassle-free. The right payment option has to meet your individual needs to make your life easier. Here’s how we can help:

  1. Automatic deductions from your bank account – You can pay your premium through regular deductions from your bank account so you never have to worry whether your payment is on time. You can choose any payment date from the 1st to the 28th day of the month for ultimate flexibility.
  2. Recurring or one-time credit card payments – You can use your credit card to set up recurring monthly premium deductions or an annual payment. Not only will this save you time and ensure that the payments are made on time, but it may also allow you to earn credit card points.
  3. Direct invoice from us – Choosing this option means that payment will be made directly to Grenville Mutual – rather than your Broker.

Pre-Authorized Withdrawal from Bank Account

Payment Schedule:

Monthly*

Payment Options:

Bank Account
(Chequing or Savings Only)

Pre-Authorized Debit & Credit Card Agreement Required

*Service Fees:

1.3% Auto; 1.5% All Other

Pre-Authorized Charge to Credit Card

Payment Schedule:

Annual
Monthly*

Payment Options:

Mastercard
Visa

Pre-Authorized Debit & Credit Card Agreement Required

*Service Fees:

1.3% Auto; 1.5% All Other

Direct Invoice

Payment Schedule:

Annual
Three Pay

Payment Options:

Grenville website via Credit Card
Internet or Telephone Banking
Cheque
Money Order

Service Fees:

None

What about fees?
Certain payment options have service fees attached to them and others don’t.

Need to change your payment option?
No problem. A quick call to your Broker is all you need to do. Your Broker will help you make the change, and then immediately let us know. It’s that simple.

Need to change your payment date or bank account?
That’s easy. Just give your Broker a call at least 10 days before the date when the payment is supposed to be taken from your account.

Want to sign up?
Call your Broker who can set you up with the automatic payment option that best fits your needs.