Electronic Funds Transfer Form
The electronic funds transfer (EFT) option allows your insurance premium payment to be withdrawn from your designated account automatically if you are being directly billed for your coverage.
EFT is an option for you if you are being directly billed for the following coverages:
- Universal Life Insurance
- Whole Life Insurance
- Horizon Disability Income
- Critical Illness
- Group Term Life
It's easy to start the automatic EFT program - simply complete these steps:
- Complete the Authorization for Electronic Funds Transfer Form. Note that everyone authorized to draw on the bank account must sign the form. The policy/certificate number(s) to be drawn from this account must be listed.
- Attach a voided check.
- Return the Authorization for Electronic Funds Transfer form and voided check to our service center:
Voya™ Employee Benefits
EFT Administration, Route 8525
PO Box 122
Minneapolis, MN 55440-0122
If you have any questions about EFT, please call our Customer Service department at (800) 537-5024, Monday through Friday between 8:30 a.m. - 5:30 p.m. Central Time.
Voya Employee Benefits insurance products and services in the U.S. are provided by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya family of companies. Product availability and specific provisions may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues.Ad Log #8619