Prices Increasing soon Prices Increasing Soon

Pramerica Life Insurance Online Payment

Pramerica Life Insurance is committed to cater to its customer's specific financial goals. It provides a variety of quality life insurance plans, including savings plans, protection plans, child plans, health plans, etc. The Pramerica Life Insurance also offers several easy and convenient options to make premium payments online.

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
6.7 Crore
Registered Consumers
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:-

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Steps to Pay Premium Online

To make premium payment an easy and hassle-free process for policyholders, Pramerica Life Insurance has set up multiple channels via which they can securely pay their policy premiums online, from the comfort of their home or office.

Pramerica Life offers a range of convenient online life insurance premium payment options to its customers, such as credit or debit card payments, online NEFT transfer, ECS clearing, through the Pramerica website, etc. Some of them are discussed in detail below:

  1. Premium Payment through Pramerica Life's Official Website

    Policyholders can visit Pramerica Life's official website and follow the following steps to pay their premium online with ease:

    • Select the "Pay Online" option from the vertical menu on the right side

    • Click on "First Premium" or "Renewal Premium" depending on whether the premium is to be paid for a new policy or existing policy

    • Input their details like policy number and date of birth along with the captcha code (additional policy and premium details are required for premium payment of a fresh policy)

    • Review the policy and premium information

    • Make the payment using the preferred payment mode like a credit card, debit card or net banking.

    • Get the transaction number and store it for future reference

    Once the payment is processed, the payment receipt can be downloaded from the insurer's official website.

  2. Premium Payment through Credit, Debit or VISA card

    If a customer holds a credit, debit or VISA card, they may register their card to make the Pramerica Life Insurance premium payment online. They must select Pramerica Life Insurance as their insurer and provide all details like policy number and card details. Once activated, customers can easily pay their premiums online through their cards.

  3. Premium Payment through NEFT or E-CMS

    Policyholders can pay their premium through net banking with ease. They can exercise the National Electronic Fund Transfer (NEFT) or Electronic Cash Management System (E-CMS) option by following these easy steps:

    • Visit their bank's website or mobile application.

    • Access their bank account through the login id and password provided by their bank

    • Select the money or fund transfer option from the menu in their account

    • Get the required information from Pramerica Life's official website like beneficiary name, bank name, branch name, IFSC code, account number and enter it in the relevant fields

    • Enter the exact premium amount to be paid and complete the transaction to transfer the premium payment to Pramerica Life. 

Other Online Modes of Premium Payment

Other than the above-mentioned options, Pramerica Life Insurance also provides other options to the policyholders to pay their premium online such as:

  1. Premium Payment through NACH or Direct Debit Facility

    National Automated Clearing House (NACH) or the Direct Debit facility is freely available to all Pramerica Life's policyholders. It debits the policy premium amount from their bank account automatically on a date decided by them. Customers can opt for this facility at any time during the policy term.

  2. Premium Payment through Digital Wallets

    Digital wallets like Paytm make the premium payment process even more convenient for the policyholders. They can just input the Insurer Name as Pramerica Life Insurance Limited and enter their policy number to complete their premium payment successfully.

Benefits of Pramerica Life Insurance Online Payment Process

Pramerica Life Insurance's online mode of policy premium payment offers the following advantages over offline mode:

  1. Easy Mode of Payment 

    Pramerica Life Insurance Online Premium Payment service enables customers to pay their premium in a few seconds using the company's online portal. 

  2. Convenience

    The online mode of payment provides maximum convenience to Pramerica Life Insurance customers as payments can be made from anywhere and any time of the day, irrespective of office hours.

  3. Saves Time

    Policyholders can use the Pramerica Online Premium Payment option to pay their policy premium in no time. They need not go to any Pramerica Life branches and waste their time waiting in long queues to make their payment. 

  4. Round-the-clock Support

    If customers require any help during the online premium payment process, they can easily contact the Pramerica Life Insurance helpdesk at any hour of the day and any day of the week.

  5. No Risks 

    Pramerica Life Insurance's online premium payment process takes place over a platform that offers encryption so that the personal data of the policyholder remains secure with the insurer.

  6. Contact-free Process 

    As policyholders do not require moving out from the confines of their home to make online premium payments, it prevents unwanted contact, beneficial in these testing times.


  • What happens if the renewal premium of a Pramerica Life Insurance policy is not paid on time?

    A. If the policyholder fails to pay their policy premium for at least two consecutive policy years, the policy gets lapsed. However, they have the option of renewing the policy anytime during the first five years from the first unpaid premium date.
  • Can the dates for the Pramerica Life Insurance premium payment be postponed?

    A. No, the dates for Pramerica Life Insurance premium payment cannot be changed once chosen. It is stated in the company's terms concerning the premium payment.
  • How can a policyholder check their Pramerica Life Insurance policy status?

    A. If any query or information is required about the policy, users can log into Pramerica Life's online portal using their username and password or call the company's toll-free number to get in touch with an executive.
  • What are the premium modes available to policyholders?

    A. Pramerica Life gives its policyholders the flexibility to pay their premiums monthly, half-yearly or annual.
  • Why is renewal premium payment required?

    A. A Renewal Premium Payment refers to the amount a policyholder requires to pay to the insurer at regular intervals. Timely renewal premium payment is essential to keep their policy working and avail of its uninterrupted benefits later.

Different types of Plans

Premium By Age

Life insurance articles

  • Recent Article
  • Popular Articles
09 Aug 2023

What High Net Worth Individuals (HNIs) Do To Secure Their...

High net worth individuals often opt for life insurance plans to

Read more
28 Jun 2023

A Review Of ICICI Prudential Life Insurance

“Policy Bazaar insurance clarified the term policy for me, so

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best

Read more
20 Jun 2023

Best Life Insurance Policy in India with High Returns

The best life insurance policy in India is a type of life

Read more
20 Jun 2023

Which Insurance is Best in India?

Insurance is a financial product that transfers the risk to a

Read more
27 May 2014

How to Check LIC Policy Status, Details, Statement via...

Last year, Mr. Rajiv Verma bought a Child LIC policy to provide financial security for his kid's future. However

Read more
25 Feb 2022

SBI Life Insurance 50,000 per year Plan for 5 Years

Life insurance is about the financial protection of the family and working for life’s milestones through smart

Read more
23 Mar 2022

SBI Life Insurance Policy Surrender Value Calculator

SBI life insurance policy surrender value calculator is an online tool that helps users calculate the amount they

Read more
09 Mar 2022

PLI Surrender Value Calculator

PLI Surrender Value Calculators have proven to be one of the simple tools for digitally savvy customers. PLI

Read more
View Plans
Download the Policybazaar app
to manage all your insurance needs.