Aditya Birla Sun Life Insurance Premium Payment: Everything You Need To Know
Insurance plans are one of the most dependable and secure ways to protect our future. In the insurance sector, Aditya Birla Sun Life Insurance is a reputable brand that offers top-notch insurance goods and services. A variety of insurance products, including term insurance, ULIPs, child plans, retirement plans, health insurance, etc., are available from ABSLI. The payment of premiums is one of the most important components of a premium policy. This article will go over Aditya Birla Sun Life Insurance premium payment and all the information that you need to know.
About Aditya Birla Sun Life Insurance
Aditya Birla Sun Life Insurance (ABSLI) is a joint venture between Aditya Birla Group and Sun Life Financial Inc. It was founded in 2000, and since then, it has succeeded in establishing a reputation as one of India's most dependable insurance companies. ABSLI is known for its premium products, first-rate customer support, and cutting-edge technological solutions. For its goods and services, it has received numerous honours and awards, including the ‘Best Life Insurer’ prize at the Outlook Money Awards 2020 and the ‘Best Product Innovation’ prize at the Indian Insurance Award 2019.
Features and benefits of Aditya Birla Sun Life Insurance premium payment online
There are various benefits of paying your Aditya Birla Sun Life Insurance premium on the Bajaj Finserv BBPS platform:
-
Quick and hassle-free
With Bajaj Finserv's BBPS platform, you can pay your Aditya Birla Sun Life Insurance premium quickly and effortlessly.
-
Safe and secure
Bajaj Finserv provides a safe and secure payment platform on BBPS. Your payment details are secure with the platform’s robust security measures.
-
Multiple payment options
Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, and UPI. This allows you to choose the payment method that suits you best.
-
Instant confirmation
After making the payment, the platform immediately confirms the payment through an email and SMS.
ABSLI premium details
The premium amount for Aditya Birla Sun Life Insurance depends on various factors such as the age of the policyholder, sum assured, policy term, etc. You can calculate the premium amount using the ABSLI premium calculator available on the website. The premium payment frequency can be monthly, quarterly, half-yearly, or annually. It is important to pay the premium timely to avoid policy lapse/ cancellation.
Fees and charges
The following charges are applicable on mobile recharges and bill payments:
Payment |
Charges (Rs.) |
Payment for bills and recharges |
Convenience fee up to 2% per transaction (inclusive of applicable taxes)* |
Payment of rent using credit card as a payment mode |
2% per transaction (inclusive of applicable taxes)* |
Platform fee |
Up to Rs. 5/- for each prepaid mobile recharge |
*Convenience fee is applicable on specific payment instrument and subject to revision from time to time
Note - For failed transactions, the total amount including charges except taxes are reversed.
Frequently asked questions
Aditya Birla Sun Life Insurance is a leading insurance provider in India that offers a wide range of insurance products and services such as term insurance, ULIPs, child plans, retirement plans, health insurance, etc.
The premium amount for Aditya Birla Sun Life Insurance depends on various factors such as the age of the policyholder, sum assured, policy term, etc. You can calculate the premium amount using the ABSLI premium calculator available on the website.
You can find the policy number on the policy document provided by ABSLI. You can also find it on the premium receipt or by logging in to your account on the ABSLI website.
You can make your premium payment online using the ABSLI website or mobile app. You can also use the auto-debit facility to make your premium payments seamlessly. If you prefer to make payments in person, you can visit the nearest ABSLI branch and pay your premium using cash or a cheque.
You can contact ABSLI customer care by calling their toll-free number 1800-270-7000 or by sending an email to 'care.lifeinsurance@adityabirlacapital.com'. You can also visit the ABSLI website and click on the 'Contact Us' section to send your query or feedback.
