Term Plans
Policyholders of Generali Central Life Insurance, formerly known as Future Generali Life Insurance, can now pay renewal premiums online without visiting a branch or waiting for an agent. The insurer has an online facility for premium payment in which the customers can enter their policy number, registered mobile number or registered email ID along with date of birth to check their policy details and make the payment.
Customers can also arrange a standing instruction for future premium payments through the online payment facility. Payment can be done through credit/debit cards, net banking and wallets as per the options displayed at the time of payment.
Term Plans
To make sure that you have regular coverage under your Generali Central life insurance policy, you must pay your premiums on time to avoid a policy lapse. You can pay Generali Central premiums online by choosing any of the methods given below.
In case you are an existing policyholder of Generali Central Life Insurance and do not want to login into your customer account to make payment of premium then you can make use of ‘Quick Pay’ facility. This is a simple process and can be done online.
Step 1: Go to the Generali Central life insurance (formerly known as Future Generali life insurance) Pay Premium Online page or the direct Quick Pay Portal.
Step 2: Enter any one of the following details: policy number, registered mobile number or registered email address.
Step 3: Enter the proposer or policyholder's date of birth and the CAPTCHA shown on the screen.
Step 4: Complete the OTP verification. OTP will be sent to the registered mobile number or email address.
Step 5: Check the policy details and premium amount displayed on the screen. Select the available payment method and complete the premium payment.
If you are already registered to the customer portal of Generali Central you can log in to your account and pay your premium online.
Step 1: Visit the Generali Central Life Insurance website.
Step 2: Log in to your customer portal. Enter the registered login details and access the account.
Step 3: Go to the policy or premium payment section, and check the policy details and the premium due amount.
Step 4: Select the available payment option, and complete the payment online.
Premium payers can also set auto debit instruction while paying premiums online. This will allow them to automatically pay future premiums.
Step 1: Go to the Generali Central Life Insurance online premium payment page.
Step 2: Enter the required policy details and verify the details.
Step 3: Verify the premium amount shown on the screen.
Step 4: Choose ‘Pay & Set up Standing Instruction’ option.
Step 5: Fill in the necessary card/bank details.
Step 6: Finish the authentication process and confirm the standing instruction.
Step 7: Future premiums will be paid according to the standing instruction and applicable terms.
You can easily pay the life insurance premium online and keep the policy active to continue the policy benefits. The policyholders can check their premium status and make the payment online instead of visiting a branch. Some of the benefits of using the Generali Central Life Insurance (earlier known as Future Generali Life Insurance) online payment facility are:
Instant Processing
You get instant confirmation and your policy is updated instantly after the transaction is complete.
Multiple payment options
The online premium payment facility supports options such as credit/debit cards, net banking and wallets. The payment options available can be selected on the payment page.
Pay from anywhere
Customers do not need to visit a branch every time the premium is due. The renewal premium can be paid online as long as the policy is eligible for online payment.
Auto-pay facility
Policyholders can also choose the option to pay and set up a standing instruction. This can help in making future premium payments on the due date without having to make the payment manually every time.
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To prevent phishing scams, use the official insurer portal or trusted aggregators.
please ensure that you have your correct policy number, date of birth and registered mobile number or email id before you start the payment process.
The screen will display the premium amount and applicable taxes. Check the amount before you agree to the last transaction.
Wait for the instant online confirmation screen and save the transaction reference number or download the receipt for your records.
You may set up an online auto-debit mandate or standing instruction with your bank so that future renewal premiums are automatically paid on time.
˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.
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 IRDAI website www.irdai.gov.in
+On the basis of your profile
+Rs. 410/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10
+Rs. 410/month (Rs.14/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age rounded off to nearest 10
+Rs. 245 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10
+Rs. 15/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10
+Rs. 504/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 494/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 636/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 918/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 1,286/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 453/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs.582/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 786/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 1,592/month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 525/month is the starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 68 years of age.
+Rs. 668/month is starting price for a 2 crore term life insurance for an 25 year-old male, non-smoker, with no pre-existing diseases, cover upto 45 years of age.
+Rs. 1,200/month is starting price for a 2 crore term life insurance for an 35 year-old male, non-smoker, with no pre-existing diseases, cover upto 55 years of age.
+Rs. 410/month is starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
+Rs. 577/month is starting price for a 1 crore term life insurance for an 18 year-old Male, self employed, non-smoker, with no pre-existing diseases, cover upto 30 years of age.
*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.
+Rs. ₹361/month is the starting price for a ₹1 crore loan cover with an 8% interest rate for an 18-year-old male, non-smoker, with no pre-existing diseases, loan tenure up to 20 years, rounded off to the nearest 10
Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited
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
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale
Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.
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