Lifestyles coverage top class is paid annually. there is constantly a danger of the policy lapsing if the top rate is not paid on or before the due date. lifestyles coverage groups offer a number of top rate payment alternatives. one could pick the one maximum acceptable to 1's working style.
Coverage agencies also have drop packing containers at prominent places in which premium cheques may be dropped.
On-line : log on to the insurance business enterprise's website and pick out online top class fee alternative. Policyholder will want to offer info together with PAN/coverage wide variety. On submission, the top rate due is displayed. payment can be made thru net banking or debit/credit card.
Vehicle debit : this is a hassle-free choice wherein the policyholder locations an auto debit education the use of one's credit score card or registering an ECS/NACH mandate with the insurance corporation. Insurers also have tieups to register vehicle debit education with the policyholder's financial institution or electronic bill processing entities. once this instruction is registered, the top class will robotically get deducted on or before the due date. relying upon the mode opted, relevant shape ne .
Branch/drop field : insurance groups tie up with banks to offer cheque drop facilities. third party charge may be crafted from the financial institution department by way of filling up the NEFT/RTGS form. alternatively, the premium cheque may be submitted at the insurance enterprise branch or may be exceeded over to the insurance agent.
With the aid of cellphone : top class charge can also be accomplished the usage of the Interactive Voice reaction (IVR) machine by means of calling a chosen cellphone number of the coverage corporation. credit card details are required to be submitted to effect price through this mode.
Factors to be aware : while making payment of top class on-line, it's miles important to store the web premium paid receipt generated quickly after the fee system is finished.
On line price also can be made from the policyholder's financial institution internet site by using getting into financial institution information of the insurance organization.
With the aid of cellphone : top class charge can also be accomplished the usage of the Interactive Voice reaction (IVR) machine by means of calling a chosen cellphone number of the coverage corporation. credit card details are required to be submitted to effect price through this mode.
Factors to be aware : while making payment of top class on-line, it's miles important to store the web premium paid receipt generated quickly after the fee system is finished.
On line price also can be made from the policyholder's financial institution internet site by using getting into financial institution information of the insurance organization.
Coverage agencies also have drop packing containers at prominent places in which premium cheques may be dropped.
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