Deducting Premiums from a Savings Account

I wrote a lady last week and she only had a savings account. Her bank statement had an X for the first 3 numbers so I told her to call me with those numbers. She called today and said the person at the bank stated that you could no longer deduct premiums from a savings account. I called the bank and was told it was a new regulation. Has anyone heard this? Maybe it is just this banks policy.
Source of insurance-forums.net

Comments