New Pre-Authorized Withdrawal Form Enhancements

As we continuously strive to improve how we do business Lafayette Life has released a NEW Pre-Authorized Withdrawal form with enhancements for MORE options and convenience. 

Our new form LL-1004 (04/24) offers options for one-time drafts as well as now recurring payments for ALL model premiums – monthly, quarterly, semiannually, and annually. In addition, this new form allows clients to establish the same bank accounts for both payments and any direct deposits for loans or withdrawals. 

We will continue to accept the prior PAW form for the time being while the new form is adopted. Please note, the new PAW form will not be installed for new electronic applications until the end of 2024. Recurring drafts for quarterly, semiannual, and annual payments must be elected after the application is submitted until then.