Overview
YouSet only accepts pre-authorized debit from your bank account. Credit cards, money orders, cheques and other payment methods are not accepted at this time. You will enter your banking information when you buy your policy, and your insurance company will take each payment on the dates in your payment schedule.
This applies to all YouSet policies.
What you'll need
- Your bank's institution number
- Your branch's transit number
- Your account number
How pre-authorized debit works
- You enter your banking information during the online quote checkout process
- YouSet sets up the pre-authorized debit with your insurance company for you
- Your insurance company takes each payment from your bank account on the dates in your payment schedule
Frequently asked questions
Can I pay by credit card?
No, YouSet doesn't accept credit cards. The only payment method is pre-authorized debit from your bank account.
Who will the payment come from on my bank statement?
Your payments are taken by your insurance company, not YouSet. Your bank statement will show your insurance company's name.