What kind of transactions can my preferred payout method be used for? Faith, your friendly assistant September 09, 2024 07:06 Updated Your preferred payout method can be used for the following transactions: Policy maturity fund payouts Dividend payouts Premium refunds Related articles Where can I update my preferred payout method? What do I need to ensure to choose my preferred payout method? What are the payment frequencies and payment methods for FWD Critical Illness Plus insurance? If I would like to choose PayNow as my preferred payout method, what do I need to do? What does "Cancel For Any Reason" optional benefit cover?