Product Update Program
Under our Product Update Program, you can ensure that the policy templates you purchase from BankPolicies.com remain current. Your annual subscription to our Product Update Protection Plan enables you to automatically receive an updated version from us every time they are revised via e-mail within one year from the last date of purchase. This timely and cost-effective solution ensures that you stay on top of regulatory changes such as those issued by the Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve, Office of the Comptroller of the Currency (OCC), or other federal regulatory bodies and industry recommended best practices.
Like to see how much time and effort we can save you? Please visit our Product Update Blog to review updates to our products for the last three years.
- Individual Product Update Protection Plan – For an individual policy template.
- Package Product Update Protection Plan – For one of our Policy Template Packages.
- Package Product Update Protection Plan A-Z – For our Complete Policy Template Package.
How It Works and What You Will Receive
When updates are made to a policy template, you will automatically receive the updated product via e-mail along with detailed information regarding why the product was updated and what has changed within the product in our correspondence. This enables you to make an informed decision on whether to make any changes to the policy you implemented for your financial institution from the revised template.
Duration and Renewal
The subscription lasts one year from the date of purchase and will automatically renew on your subscription anniversary date. As a courtesy, you will automatically receive an invoice from us 30 days prior to the expiration date to ensure there is no interruption in coverage.
Previous Purchase Eligibility
Clients who have purchased a policy template and/or policy template package from us within the last three years from the current date are eligible to purchase a Product Update Protection Plan. Simply add the appropriate Product Update Protection Plan to your shopping cart within our online store and proceed with the secure checkout process. At checkout, please list which policy template and/or policy template package you wish to update within the “Additional Information/Order Notes” section.
If you are unsure of your update eligibility, please contact us at our [email protected] e-mail address with your inquiry and we will research our records to determine if the product you purchased from us is eligible for an update.
- Individual Product Update Protection Plan- $50.00 per year for an individual policy template.
- Package Product Update Protection Plan- $475.00 per year for a Policy Template Package.
- Package Product Update Protection Plan A-Z - $1,187.50 per year for the Complete Policy Template Package.
NOTE: Discounts offered through our Legacy Regards or Volume programs are not eligible. In the event we release a new policy template that becomes part of the policy template package you purchased, you will need to purchase the new product from us which will then be covered by your Package Update Protection Plan.
Find Out What's New or Revised
Our Product Update Program allows existing clients to receive e-mail notifications from us whenever we issue a new or revised product.
Not a subscriber but would like to be on our Product Update Notification List? Please send an e-mail to our [email protected] address requesting to be included in our distribution list.
Are you a current subscriber but are not receiving notifications from us? Please ensure your SPAM filter is set to allow an e-mail originating from our [email protected] address to successfully arrive in your mailbox. Please contact us if you need technical assistance to ensure you receive these valuable communications from us.