April 18, 2024
Update to Premium Increase Program (PIP) Autorecognition
What you need to know.
Effective May 6, 2024, the auto recognition of increases will change from after the 2nd consecutive increased payment to occurring after the 4th consecutive increased premium payment. This change will reduce the occurrence of chargebacks due to catch up or short-term increases.
This will not affect the online tool, if you use the tool to notify National Life you will continue to have immediate payment.
