What is Check-O-Matic?
This is a mode of payment in which premiums are paid monthly by deducting the money directly from a policyowner’s bank account. This can be initiated by filling out a Check-O-Matic (C-O-M) Request Form with the necessary information and returning it to the Service Center. Any time it becomes necessary to change the bank information, the policyowner must fill out a new form and return it to the Service Center.
