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Payment Plan Options

Westminster Mutual offers several payment options:

NEWLY ADDED - Debit machine payments will now be accepted at the office

The full premium may be paid directly to your broker or if the policy is written through Paul Montgomery, Mark Cooper or Tim Wade, may be paid directly to Westminster Mutual.  If your wish your full premium withdrawn directly from your bank account, please provide banking details.  No service charges apply!

Monthly Payment Plan - The annual premium is spread over 12 months with a 3% service charge applied. Monthly withdrawals are made from your bank account with authorization form and void cheque required. The first policy term requires a down payment of 2 months premium with the remaining payments spread over 10 months.

3-Pay Plan - The annual premium is split into three equal payments and withdrawn from the bank account three months in a row for the first three months of the policy. The first payment would be withdrawn on the due date of the policy with the remaining two payments withdrawn the following two months. No service charges applied!

Telephone and Internet Banking - Clients whose premium is billed directly from Westminster (clients of agents  Paul Montgomery, Mark Cooper and Tim Wade) can now pay by telephone or internet banking! When setting up your Westminster account for this type of payment, you'll need your 5-digit holder number, which can be found on your invoice in the top right hand corner, third line down (the holder number begins with either a "0" or "1") 

Debit Machine - For anyone wishing to pay their premium with a debit card, it is now available at the office.

Choose the option that works best for you!   If you wish to change your payment option, please notify your agent/broker.