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Pre authorized debit agreement

SunAdvantage Pre-authorized debit (PAD) agreement Category Business 2026

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The document is a Pre-authorized Debit (PAD) agreement from Sun Life Assurance Company of Canada, outlining the terms for automatic monthly withdrawals to pay for group insurance premiums. It details the authorization process, variable withdrawal amounts, payment timing, waiver of notifications, recourse rights for unauthorized debits, cancellation procedures, and assignment conditions. The document also includes sections for client and bank account information.

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How to use or fill out SunAdvantage Pre-authorized debit (PAD) agreement Category Business

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Click ‘Get Form’ to open it in the editor.
Begin by filling out the Client Information section. Enter your policy number, subdivision number, and complete your address including street number, city, province, and postal code.
In the Bank Account Information section, provide details from your current chequing account. Ensure you attach a blank cheque marked 'VOID' for verification.
Confirm authority to debit your account by having all required signatories complete the signature fields. Include the company name on the cheque and ensure dates are filled in correctly.
Finally, review all information for accuracy before sending the completed form to SunAdvantage Client Services at the provided address or via fax.

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