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Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 2608
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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1900 plus dollars will be deducted from my bank account

Customer Question

1900 plus dollars will be deducted from my bank account tomorrow from Jackson National because I was now advised that the rate would go up from 164 tomorrow. My daughter owns the policy and has the policy at her home. I just have the premium deducted from my account. The 1900 is pending and if I don't reach the bank before it is deducted to stop payment, will the money be reissued to me?
Submitted: 2 years ago.
Category: Finance
Expert:  Rakhi Vasavada replied 2 years ago.

Dear Friend,

Hello and welcome. Thank you for providing an opportunity to assist you.

Is this USD 1900 towards the premium ? I am sorry to be the bearer of bad news but if this is towards the premium, it will NOT be reissued back. In the given scenario, make your best effort to stop the payment.

Let me know if I am missing anything on your question.

I am sure this would help. I wish you good luck.

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Warm Regards