ICICI Prudential Life Insurance Company is co-owned by ICICI Bank Limited and Prudential Corporation Holdings Limited. The company provides a customer-friendly long-term savings and protection plan to secure and safeguard the financial goals of its customers. The company is known for its cost-effective products, quality services, and quick claim settlement. The company provides a variety of payment options both online and offline to serve its customers.Read more
Let us see the various ways in which you can make ICICI Prudential Life Insurance Online Payment.
The online payment process is the most preferred method by customers across the country. This is why life insurance companies offer online premium payment facilities to improve customers’ premium payment experience. Let us take a look at the various benefits of making ICICI Prudential Life insurance online payment:
You can easily use instant transfer, IMPS, and other quick payment methods to transfer funds instantly within a few clicks, without the stress of standing in long queues.
The company’s official website and mobile app allow customers to pay their premiums anytime during the day or the week with their customer portal which is accessible 24x7. The customer service representatives can help you with any query that you may have during your ICICI Prudential online payment.
The online payment feature allows you to pay your premiums using a laptop or a smartphone at your convenience, from the comfort of your home. This way you won't have to wait in long queues for an extended period of time to pay your premiums.
The online payment service is free of charge for all customers, which means you won't have to pay any extra charges for paying your premiums online. The customer can reach the insurer by calling a toll-free helpline number. Other services such as online chat are also not charged by the insurer for the customer's benefit. The ICICI prudential life mobile app is also available for download free of cost.
Some of the methods used for ICICI prudential life insurance online payment are as follows.
You can register the insurer as a beneficiary to start the transfer of funds with various banks ICICI prudential life insurance has partnered with to pay and renew premiums online.
You can also link your policy account with your ICICI bank account on the Infinity app. The online account also allows you to make premium payments, display fund value and initiate e-transactions.
You can register yourself on www[dot]billdesk[dot]com to make all your premium payments through the company’s bill desk.
You can pay your life insurance premiums online using your bank’s net banking or mobile banking app by following the below-mentioned steps:
Step 1: Enter the login credentials for net banking.
Step 2: Select the option 'Pay Bills.'
Step 3: From the drop-down menu, choose the option 'Insurance'.
Step 4: From the list of insurers, choose 'ICICI Prudential Life Insurance.
Step 5: Provide the policy details when prompted.
Step 6: Click pay and proceed to renew the policy premium.
The steps to pay using BBPS are as follows.
Step 1: Click the ‘Bill Pay’ link on the company’s official page.
Step 2: Choose the appropriate insurer.
Step 3: Enter the policy details and proceed to purchase the premium.
Step 4: The customer can also use mobile apps registered with BBPS such as GPay, BHIM, etc.
The policyholder can use the NEFT/RTGS feature to make the premium payment. The details to be entered are as follows.
Step 1: Choose the beneficiary name mentioning the insurer.
Step 2: Select the beneficiary bank, branch, and IFSC code.
Step 3: Enter the bank account number to which the fund needs to be transferred.
Step 4: Follow the instructions to make the ICICI prudential life insurance online payment.
The following are the steps for UPI payment.
Step 1: Select the payment mode as UPI.
Step 2: Provide the VPA address.
Step 3: Approve the payment by authentication of credentials on the UPI app.
You can use your debit or credit cards to make payments online by providing your card details on the company’s official website or app.
ICICI Prudential Life Insurance company offers online and offline premium payment modes for customers to pay their premiums at their convenience. You can pay your premiums offline through cheques or cash, but this method has various restrictions as you can only pay during office hours on office days and you might have to deal with a lot of paperwork and long queues.
On the other hand, online premium payment is paperless, does not require you to stand in long queues, and can be done from the comfort of your home in just a few clicks. You can pay your premiums 24x7 using your smartphone or laptop using just your policy number/phone number/email ID and date of birth.
The customer must provide basic details such as name, mobile number, and policy number.
The online payment made before 3 p.m. will be reflected on the same day; the policyholder's profile will reflect the payments made after 3 p.m.; the next day.
The policyholder needs to enter the proper credentials while using net banking.
Too many attempts to log in using net banking can result in getting locked out.
For credit cards and debit cards, the life insured needs to mandatorily submit the front and back photocopy of the credit and debit cards, respectively.
The receipt of the premium paid will be available for download in the customer’s profile.