To change the PAC withdrawal date for life, long term care, critical illness insurance and accumulation annuity policies, please use the Request centre form PAC - withdrawal date - change. If the payor has multiple PAC arrangements, complete a separate request for each.
- A minimum of 5 business days before the current or new withdrawal date (whichever is earlier) is needed to process the change.
- Depending on the billing schedule, some withdrawal date changes will take effect the following month.
- Changes to the PAC withdrawal date can be made up to 2 months in advance of the new withdrawal date.
- If the withdrawal date selected is the 29th, 30th or 31st of the month and the month doesn't have as many days, the withdrawal date will be the last day of the month.