CDSPI makes things easier by offering several payment options to suit your needs.
A convenient payment option is setting up recurring payments as it’s easier to budget and manage while also reducing the risk of late payments, which may impact your coverage.
What are my payment options?
Monthly payments can be set up to be automatically withdrawn from your bank account or credit card (VISA or Mastercard only).
There is a 2.23% processing fee added.
There is a 2.23% processing fee applied to quarterly payments.
Quarterly payments can be automatically withdrawn from your bank account or credit card (VISA or Mastercard only). Or if you prefer to make the payments yourself, you can pay by cheque, online banking (the payee is CDSPI Insurance) or credit card (VISA or Mastercard).
To pay by credit card you have two options:
Can I change my payment frequency mid-term?
You may change your payment frequency only at policy renewal. The deadline for this change request is January 31 following your renewal.
If you have any questions about your payment options please contact CDSPI at 1.800.561.9401 or firstname.lastname@example.org.