How To Pay Max Life Insurance Premium Online?

Max Life Insurance offers inclusive protection, long term savings, retirement solutions to the insurance seekers. The policies were specifically designed to cater to the various needs of the insurance buyers. The Insurance buyers can choose from the extensive range of plans ranging from Protection, retirement, child, savings, etc. as per their requirement and suitability. Over the past 15 years or so, the company has progressed in the country and has developed a strong reputation in the market. 

Along with the benefits of insurance cover, the policies also provide the advantage of tax exemption under section 80C and 10(10D) of Income Tax Act. An individual can also buy a policy online in an easy and hassle free way. Also, in the same way, they can pay their premiums. 

Ways To Pay The Max Life Insurance Premium Online

The ways of paying the max Life Insurance Premium online is listed below:

1. Online Payment Through The Website Of The Company

Through this option the policyholder can pay the premium for the policy in two ways: first, choosing the preferred premium payment mode which can be credit card. Second, filling all the information that is asked on the website of the company and then making the payment. 

2. Online Payment By Using Internet Banking

A policy holder can log in to his or her bank's website and select RTGS/NEFT for making the premium payments. For the same, he or she should provide: name of the beneficiary, credit card number of the beneficiary, IFSC code of the beneficiary bank, bank name of the beneficiary, name of the branch.

3. Pay Via Phone

The policyholder can make the payment of the premium by dialing the IVR code. One can as well get to know via IVR: status of payment, due date, receipt of payment, NAV, address of local office. The IVR support of the company is available in different languages. 

4. Payment Via Credit Card Standing Instruction

The auto debit feature enables a policy holder to give a standing instruction to his or her credit card for automatic payment of the premium before the due date. This feature of standing instruction is only available for Master and Visa Credit card holders. 

5. Payment Via Debit Card/ ECS/NACH

The policyholder can opt for the feature of ECS/NACH/Debit card for automatic debit of the premium amount from the chosen bank account of the policyholder on his or her selected date. The policyholder has to fill the instruction form after verifying his or her bank details and send this form to Max Life Insurance Company with a cancelled cheque at least 30 days before the next due date of the premium. 

Conclusion

It offers comprehensive life insurance and retirement solutions for the long term savings and the protection to more than 30 lakh customers. It provides easy and hassle free purchasing of the policy and very easy premium payment methods. This article is surely to help you to know how you can pay the premium at the comfort of your home.

Also read - Best Term Insurance Plan With Rs. 1 Crore Sum Assured

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.