Simplify Premium Payments

Collecting initial premium payments from clients doesn’t have to be a hassle. Say goodbye to paper checks, cashier’s checks or wire transfers — and hello to a faster, more secure solution. 

Using our Authorization for One-Time Electronic Funds Transfer (EFT) form 21781, you can streamline the payment process from the very beginning. This form allows your clients to authorize direct withdrawals from their personal checking or savings account, making it easier for both parties to manage payments efficiently. 

Key Benefits:

• Convenience: Clients can submit premium payments without visiting a bank or mailing a check.
• Security: EFT transactions are encrypted and processed through secure banking channels.
• Speed: Funds are transferred quickly, reducing delays in policy activation. 
   

How It Works:

1. Provide your client with the Authorization for One-Time EFT form 21781.
2. They fill out their banking details and select one-time debit authorization.
3. Once submitted, the payment is processed electronically. 
    

How to Access the Checklist Online: 

• Start at standard.com/annuities
• Use the dropdown menu on the left side of the page to select your distributor or select “Not affiliated with a distributor or distributor not listed.”
  • Select “Find Forms and Materials.”
  • Search by Form Name.
     

Have Questions?

Please contact our service specialists at 800.247.6888 or send us a message.