When changing the PAC amounts on life insurance policies, keep in mind:
- a minimum of 5 business days notice is needed to process the change by the next withdrawal date.
- the policy premium amounts can only be changed on universal life policies.
Minimum PAC amounts
To change the PAC amount on a life insurance policy, please use the Request centre form PAC amount - change. If the client has multiple PAC arrangements, complete a separate request for each arrangement.