Aviva Life Insurance Term Plan Online Payment is a facility offered by Aviva Life Insurance company to its customers. The company provides a wide variety of term insurance products designed to suit every individual's needs. They offer an online payment feature to increase the customer’s premium paying convenience.Read more
Here is a list of the several benefits of the Aviva life insurance term plan online payment feature.
Accessibility: With the company’s online payment feature you can pay your premiums via your smartphones or computer systems.
Time-efficient: The main benefit of the online payment feature is that it is very easy and quick to make your payments online through their MyAviva customer portal. Through this, you can pay your premiums in just a few minutes.
Paperless: The entire process of online payment is paperless which allows you to keep track of your policy details on your phone.
Secure Transactions: The MyAviva customer portal offers a safe and secure payment getaway as the details are contained between you and the insurer.
Free of Cost: MyAviva’s entire process of online payment is free of cost as there are no extra or hidden charges for paying premiums online.
Let us take a look at all the steps you need to follow to make your Aviva Life Term Insurance Plan online payments:
Step 1: Visit the company’s official MyAviva page
Step 2: Click on ‘Pay Premium’ to pay your premiums or ‘Top-up Payment’ to make extra payments for your policy premiums
Step 3: Enter your Policy number and date of birth to log in to your MyAviva account
Step 4: Select the payment option at your convenience
Step 5: Proceed to pay
You can only use Indian or domestic credit/debit cards for making payments as cards issued outside India are not accepted.
It is advised to use the Aviva Term Life Insurance Premium Calculator for an accurate premium estimation before making your payments online.
You can download the e-statement for your renewal premium receipts and premium payment certificate, 1 day after the due date of the renewal premiums.
The company offers a grace period of 15 days for monthly premiums and 30 days for all the other premium modes, in case you are unable to pay the premium on the due date.
There are various benefits of making your Aviva term insurance payments online but the most significant of them all is that it is convenient, easy, and free of cost. You can easily pay your premiums online, from the comfort of your home without having to go to the office every month.