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When will my monthly premium payment be deducted from my bank account?
Your first premium payment will usually be deducted within 30-60 days from the date that your new policy is issued.
Deductions for payment of insurance premiums with Servus Insurance Services, Home and Auto are processed on the 5th of each month.
Deductions will continue every month on the 5th, up to but not including the month before the renewal date. This will allow all deductions to be made on the current policy and allow for one payment to be made on the subsequent renewal.
After the first year, there are usually 12 equal deduction amounts with the first payment due the 5th of the month before the renewal date.
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Servus Insurance Services | Home and Auto ("SISHA") is a tradename for belairdirect Agency Inc., used under license, and is not a subsidiary of Servus Credit Union. This is not a solicitation by Servus Credit Union. Home and auto insurance is underwritten by Belair Insurance Company Inc. Services provided by belairdirect Agency Inc. ®belairdirect is a registered trademark of Belair Insurance Company used under licence.