Ensure your insurance policies remain active by paying your premiums on time through Paytm. You can pay for Life Insurance, Health Insurance, and Motor Insurance from major providers like LIC, HDFC Life, ICICI Prudential, Max Life, and more.

Steps to Pay Insurance Premium on Paytm

Follow the steps to pay your insurance premium:

• Navigate to Insurance:
  • Open the Paytm App.
  • Scroll to the 'Recharge & Bill Payments' section and tap on 'View More'.
  • Select the 'Insurance' icon from the available categories.
• Select Insurance Type:
  • Choose the type of insurance you want to pay for: Life Insurance, Health Insurance, or Motor Insurance.
• Choose Your Provider:
  • Select your Insurance Company from the list of available providers.
• Enter Policy Details:
  • Enter your Policy Number or Customer ID as required.
  • Tap 'Fetch Bill' or 'Proceed' to retrieve your premium details.
• Review and Pay:
  • Review the premium amount and policy details.
  • Tap 'Proceed to Pay'.
  • Select your preferred payment mode (UPI, Net Banking, or Debit/Credit Cards).
  • Enter your UPI PIN or authenticate the transaction.
• Confirmation:
  • Upon successful payment, you will receive a confirmation. The premium payment will be reflected in your insurance account within the insurer's processing time.

Benefits

• Timely Renewals: Avoid policy lapse due to missed payments.
• Multiple Insurers: Pay premiums for various insurance companies in one place.
• Secure Transactions: Bank-grade security for all payments.