Can I cancel my Bankers life insurance policy?

Yes.

  1. Provide HR with something in writing to stop your payroll deduction with Bankers and the date.
  2. HR will stop your deduction in payroll.
  3. The Bankers invoice is paid a month in advance. Your deduction will stop the last pay period of the month you request if the invoice has not been paid for the following month. If the invoice has been paid for the following month then your deduction will stop the last pay period of the following month after your request.
    • EXAMPLE ONE: Turn your request in to HR mid-March. If the Bankers invoice has not been paid for April your deduction will stop the last pay period of March.
    • EXAMPLE TWO: Turn your request in to HR mid-March. If the Bankers invoice has already been paid for April your deductions will stop the last pay period of April.
  4. You will also need to call Banker's Life yourself to cancel since it is an individual policy.

Show All Answers

1. Can I change my direct deposit amount?
2. What happens after I file my application?
3. What should I do if my address or phone number changes?
4. Where do I submit my application?
5. Which application do I complete?
6. Can I just submit a resume?
7. I missed the deadline – can I still apply?
8. Can I apply for more than one job at a time?
9. Where can I get a job application?
10. Can I apply for a position at any time?
11. How do I find out what jobs are available?
12. Can I cancel my Bankers life insurance policy?
13. Can I change my 457 deduction?
14. Can I change my tax withholding?
15. Does the Fire Department shut off utilities?
16. How can I contact Bankers Life?
17. How do I request or schedule a Fire or Safety Inspection?