Billing - PAC

The following billing schedules are used for life, long term care, critical illness insurance and accumulation annuity policies that are paid by pre-authorized chequing (PAC).

• The Date column is the day the PAC withdrawal information is prepared for the client's bank.
• The PAC withdrawal date is the actual date that the withdrawal occurs at the client's bank.
• The Run date represents the date that Sun Life processes the transaction. The Run date differs from the PAC withdrawal date.