What is lvic direct debit?

How do I change the direct debit on my Life Insurance policy? You can change your Life Insurance direct debit date by calling our friendly team on 0800. Hi Just received my renewal notice from LVIC quoting just under £630 for both cars. The names on the Transactions do not match the Direct Debit names,. The Direct Debit for your insurance will show as PC/Policy Expert on your bank statements. If you're paying by direct debit and there aren't sufficient funds to cover the payment, contact your insurance provider directly or make a.

Again, don’t panic. Go and speak to your bank, they will be able to recognise that this Direct Debit is coming out and with your permission, they will be able to cancel it.

In terms of asking the company to cancel it for you then they will ask you a few questions, just to confirm it is you, and then they will cancel it for you. It’s as simple as that. No need to worry.

There may be a number of reasons for you wanting to cancel it, it may be that it was set up in error or you feel you no longer want the service they provide. Either way, the beauty of Direct Debits is that they are easy enough to set up and just as easy to cancel down.

Whether the Direct Debit is a month old or a few years old, under the Direct Debit Guarantee you are able to place an indemnity claim against the reference, meaning the bank will refund the money immediately if the Direct Debit was set up in error.

If you believe this Direct Debit was set up without your authorisation then all you need to do is speak with the company taking the payments from your account, failing that speak with your bank about filing indemnity claims.

If you want more information about cancelling your Direct Debit and how to get a refund if it has been set up in error then speak to one of our consultants today or leave us a call back response.

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