National Insurance Policy Renewal and Online Payment Process

National Insurance Company allows its customers to pay the premium online. You can easily buy National Insurance policy online and also renew it using NICL Online Payment channel. This article will help you understand the ways to pay the premium for National Insurance plans online and also the process for National Insurance Renewal.

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      National Insurance Online Payment

      National Insurance Company provides a range of services online such as online login, checking policy status online, buying and National Insurance Online Renewal. National Insurance allows online payment of insurance premium through their site without their branch office.

      All the customers of National Insurance Company are eligible to make an online payment.  Online transactions are more secured and convenient. You can easily renew your current National Insurance policy online within a few minutes.

      NICL Online Payment Process - Buy Policy Online

      The premium for National Insurance policies can be easily paid online using your bike insurance number and other personal details. The procedure is listed below:

      Visit the official website of National Insurance Company

      You will find the login option on the right side of the web page and the procedure is defined below:

      • In the drop-down, you have to select the customer option and then click on Buy Policy
      • Now select the place and state for which you want to buy the policy
      • You will be given the address of that particular branch
      • You have the option to Buy Policy and then click on ‘Register Here’
      • Registered users can click on ‘Buy Policy’ and get the policy issued online
      • New users can click on ‘Register Here’ and then continue to buy a National Insurance policy online

      Another Method to Pay National Insurance Premium Online

      You can buy the National Insurance policy online by following the steps below-

      You can easily buy different products online from National Insurance. The company offers motor insurance, home insurance, National health insurance, personal accident insurance online on their site.

      You can also buy the National Insurance Policy online by following the below-mentioned procedure:

      • Go to the official site of National Insurance provider
      • You will find a list of products they offer on the top menu
      • By hovering the mouse you will find the Buy Now option on their site
      • Click on Buy Online option, and you will be redirected to another page
      • Now click on the Buy/ Renew Online option

      You can purchase the policy by following the 4 simple steps as mentioned below:

      • Premium Calculator: Provide all the required details and use the online National Insurance calculator to know the premium amount.
      • National Insurance Policy Details: The next step requires you to provide the policy details.
      • Contact Details: Also provide your contact details including your email id and phone number
      • Confirm Details: once you confirm the details you can proceed to make the payment.

      National Insurance Premium Payment Online for Renewal

      Most of the National Insurance plans come with a 1-year policy term. Every plan comes with a lifetime renewal option. On completion of the policy period, you can get it renewed online or even do it offline.

      If you want to go for National Insurance Policy Renewal offline then you can visit the nearest branch office of National Insurance Company. If you do not want to invest much time then it is better that you opt for the online renewal process.

      The procedure for National Insurance Online Policy Renewal is as follows:

      • Visit the National Insurance Company’s website
      • Go to the top menu and click on the products section
      • Go to the required policy option and click on the ‘Renew’ option
      • Once you click on the Renew option, you will be directed to the NICL online portal. Here you can simply renew your policy in 4 simple steps:
      • Use the Premium Calculator - Enter your policy number, E-mail ID etc. Click on the ‘Next’ button
      • Enter the Policy Details - Provide the details of your insurance policy
      • Enter Your Contact Details - The next step involves providing your contact details
      • Confirm the Details - Once you confirm all the details you can make the payment and get your policy renewed

      So, the process to renew any of the National Insurance policies is quite simple. By following the above steps, you can save your time, find a suitable policy and also get it renewed before its expiry date in the most convenient manner.

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      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

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      Tax Benefits are subject to changes in tax laws. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

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