Paying bills can often be a tedious chore to do. If you have a hectic lifestyle, it can be easy to miss a payment on your premium and incur charges or lapses in your policy. The pandemic’s mobility restriction has also forced many people to look for more convenient ways to handle their finances.
Luckily, AIA has provided customers with a payment method that makes meeting your obligations easy and effortless.
What is the auto charge arrangement (ACA)?
As the name suggests, ACA is a payment method that automatically charges your premiums to a credit card that you enrolled.
What are the benefits of ACA?
With ACA, you skip the long lines and save time by having payments charged directly from your credit card automatically. This means one less thing to think about at the end of the month, allowing you to live with less worries since your plans are already taken care of.
It also keeps transactions contactless and safe, minimizing you and your family’s exposure to possible outside health risks.
How to enroll for ACA?
ACA Enrollment can be made at any AIA Philippines branch with same-day processing.
Application requirements:
- Fully accomplished ACA Enrollment Form (https://www.aia.com.ph/en/help-support/payment-facilities.html)
- One (1) valid government ID, with photo and signature
Enrollment to Automatic Charge Arrangement should be made 35 days before the next premium due date for AIA insurance peso policy.
ACA is not applicable if your policy is any of the following:
- Dollar-denominated
- With premium paying period of three (3) years or less
- Single pay
- Enrollment must be made 30 days* before your due date for ACA to take effect on the next premium due date.
*Please ensure that the credit card is valid for 6 months prior to enrollment
Experience the convenience of ACA today!
There’s no need to worry about missing your due dates with the Auto Charge Arrangement. Avoid lapses in policies due to forgetting due dates, which is common with manual payment.
Keep an eye on your policies conveniently with My AIA, an online wellness platform where you can track your payments and ensure your coverage is intact for when you need it most.
Not an AIA policyholder yet? Find the perfect plan for your needs at Premier Life Insurance Products and try the Liv Financial Needs Calculator to get you on the right track.
