How To Pay HDFC Life Insurance Premium Online?
20 August, 2024
Synopsis
Investing in and renewing life insurance plans on time is crucial to get uninterrupted coverage.
You can renew your policy and pay your premiums through the HDFC Life insurance website.
You can also pay your premiums online through HDFC Bank’s PayZapp mobile application.
Of the many things humans don’t have control over, is how long they shall live. One day, you may be healthy, and the next, an accident or a sudden incident may render you disabled, or worse, claim your life. As your family’s breadwinner, you must have a good contingency plan. That’s why life insurance exists – to ensure your loved ones don’t struggle financially in your absence. As an HDFC Life Insurance policyholder, you can renew the policy online through various official platforms, including HDFC Bank’s PayZapp portal. This article explains how to pay HDFC Life Insurance premium online.
How To Pay HDFC Life Premium Online?
There are several ways in which you can pay your HDFC Life Insurance premiums online and renew your policy. They are as under:
Through the Official HDFC Life Website
The following are the steps to pay the premium on the HDFC Life Website:
Visit the official HDFC Life website’s login page, also known as the ‘My Account’ page.
Login using any of the following – your Registered Mobile Number (RMN), your email ID, your policy ID, or client ID.
Enter your Date of Birth in DD/MM/YY format and click on ‘Proceed’.
Click on the section where your policy is stored and review it.
Choose your preferred payment methods from the various available options and complete the payment.
Through the HDFC Life Mobile App
Another way how to pay HDFC insurance premium online is through the ‘HDFC Life Insurance’ app, which entails these steps:
Download the app and set up your account by entering your RMN, E-mail ID or Client ID.
Enter your Date of Birth in DD/MM/YY format, agree to the ‘terms of service’ and tap ‘Submit’.
Set your mPIN or use your phone’s biometric system to log in to the app.
Head to the ‘Policy’ section and click on it to assess your policy.
Choose any of the payment methods available to complete the payment process.
Through HDFC Bank’s Net Banking Portal
If you are an existing HDFC Bank customer, you can pay your policy premiums through your net banking account, with these simple steps.
Login to your HDFC Net Banking Account.
Go to the ‘Insurance’ section on the home page.
Click on ‘HDFC Life’ and select the ‘Renew Policy’ option.
Enter your HDFC Life Insurance policy number and Date of Birth in DD/MM/YY format.
Complete the payment process choosing net banking as the payment method.
Through HDFC Bank’s PayZapp Portal
PayZapp Online Payment App is designed for both, HDFC Bank and other bank customers. Follow the steps below to know how to pay premium of HDFC Life Insurance via PayZapp.
Download PayZapp and complete the verification/KYC process.
Link your HDFC Bank and/or other bank Debit Cards, Credit Cards and UPI Account.
Click on ‘Bills and Recharges’, go to ‘Financial Services’ and tap on ‘Insurance’.
Select ‘HDFC Life Insurance’ from the menu and enter your policy number and Date of Birth in DD/MM/YY format.
Wait a few seconds until PayZapp retrieves your policy details and click on continue.
Review the premium amount and choose a preferred mode of payment.
Click here for online insurance premium payment through PayZapp on your IOS phone.
Click here to pay insurance premium online through PayZapp on your Android phone.
Benefits of Paying HDFC Life Insurance Premiums Online Through PayZapp
Choosing PayZapp as your preferred payment platform proves advantageous because:
PayZapp boasts a simple user interface that people of all ages can navigate.
It allows you to streamline all sorts of bills and insurance premium payments on one platform.
After the first payment, you need not enter your policy number or other details.
PayZapp saves your frequent biller’s data in the ‘Bills & recharges’ section serving as a payment’s reminder.
Make Timely Insurance Premium Payments with PayZapp
Paying your insurance premiums on time is crucial to get continuous coverage. As a 24x7 accessible app, PayZapp makes it possible for you to pay your premiums up to the last minute. Plus, it’s one-click or one-swipe feature enables you to make quick, effortless payments. PayZapp also regularly launches discount deals through promocodes, translating to excellent savings. Download PayZapp today.
FAQs
Is it safe to pay HDFC Life Insurance premiums online?
Yes, it is totally safe to pay your HDFC Life Insurance premiums online through the various online payment modes. No matter which method you choose, you have to authenticate your identity and transaction upon logging in and at the payment point, respectively.
Does HDFC Life Insurance accept offline payments?
Yes, you can pay your premiums offline by either sending your cheque/DD in the mail or by visiting a nearby HDFC Life Insurance branch. However, if you choose this method, you must ensure you do so at least a month before your policy is due for renewal, so that there’s no room for the policy to lapse.
Can I set up standing instructions to pay my HDFC Life Insurance premiums?
Yes, you can set up standing instructions through all the above-listed online payment methods to ensure your premiums are paid on time.
*Disclaimer: Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.
