Family health insurance offers financial protection against medical expenses for the entire family under one policy. Many companies providing these policies aim to ensure affordable and accessible healthcare coverage for families. These plans typically cover hospitalisation, pre- and post-hospitalisation expenses, maternity benefits, and critical illnesses.

You can easily pay your insurance premiums regularly usingBajaj Pay - the BBPS platform on Bajaj Finserv. You can choose from the multitude of payment options like UPI, netbanking, e-wallets, credit cards or debit cards. The platform offers a secure and hassle-free experience each time.

Consider Bajaj Finserv for insurance premium payments

Bajaj Pay, the BBPS platform from Bajaj Finserv, simplifies insurance premium payments, ensuring convenience and efficiency. This platform enables users to view, pay, and download their insurance premium receipts effortlessly. Bajaj Pay supports family health insurance premium payments for a wide range of insurance providers, helping you manage multiple policies from one centralised location.

Key benefits of using Bajaj Pay for insurance premium payments

Following are some of the main benefits of using Bajaj Pay to pay for your family insurance premiums:

Easy payments: Pay your insurance premiums seamlessly from your phone or computer.

Organised receipts: Download and store digital copies of premium receipts for hassle-free documentation and financial planning.

Secure transactions: Experience dependable and safe payment processing on the trusted BBPS platform.

With Bajaj Pay, managing your insurance premium payments is effortless, and you can include other financial obligations for an all-in-one payment solution.

Download Family Health Insurance premium statement

Downloading a family health insurance premium statement is an essential step for tracking your policy details. The premium statement provides a record of your premium payments and serves as proof for tax benefits under Section 80D of the Income Tax Act. Most insurance companies offer a user-friendly online process to access this document. By downloading the premium statement, policyholders can maintain transparency about payment history and ensure policy continuity.

The document often includes details such as the policyholder’s name, policy number, premium amount, due dates, and payment history. This information is crucial for financial planning, tax filing, or resolving discrepancies. Ensuring you have the latest premium statement is also beneficial when applying for loans or submitting claims.

Accessing the premium statement through the insurer’s portal or mobile app is quick, secure, and eliminates the need for physical visits. Companies often provide clear instructions on their platforms, making the process simple and hassle-free.

How to download Family Health Insurance premium statement online

Downloading the family health insurance premium statement online is a straightforward process. Follow these steps for a seamless experience:

1. Visit the insurance provider's official website or mobile app: Open the insurer’s portal or download the mobile app from the authorised store.

2. Log in to your account: Use your registered credentials, such as your email ID or mobile number, and the associated password.

3. Navigate to the ‘POLICY DETAILS’ section: Locate the section that displays information about your insurance policies.

4. Select the specific family health insurance policy: Choose the policy for which you want to download the premium statement.

5. Click on ‘DOWNLOAD PREMIUM STATEMENT’: Look for this option, usually found under the ‘DOCUMENTS’ or ‘STATEMENTS’ tab.

6. Verify the details: Check the information to ensure accuracy before proceeding with the download.

7. Download and save the statement: Click on the download option to save the document in PDF format for future reference.

This process is secure and allows users to access their premium statements at any time, providing convenience and transparency.

Benefits of having your Family Health Insurance premium statement

Having your family health insurance premium statement offers numerous advantages:

• Tax benefits proof: The statement serves as evidence for claiming tax deductions under Section 80D of the Income Tax Act.
• Payment history transparency: It provides a comprehensive record of premium payments, ensuring you stay updated on your policy status.
• Easy claims processing: The statement includes essential details that simplify the process of filing claims during medical emergencies.
• Loan application support: Lenders may request a premium statement as proof of financial discipline during loan applications.
• Financial planning: The document helps in tracking expenses related to insurance and better financial management.
• Dispute resolution: It acts as a reference to resolve discrepancies or payment-related issues with the insurer.
• Convenience: Having a digital copy readily available eliminates the need for physical storage and access challenges.

These benefits make the premium statement an indispensable document for policyholders.

Family Health Insurance customer support for premium statements

Insurance providers offer multiple channels for customer support to assist with premium statements. Most companies provide a dedicated helpline or toll-free number for resolving policy-related queries. Customers can also reach out through email or chat support available on the insurer’s website or app.

For personalised assistance, insurers often have branch offices where customers can visit for help. Mobile apps now include features like chatbot services and FAQs, enabling users to find solutions instantly. Some companies also provide video call facilities for real-time support.

To obtain a premium statement, customers may need to provide details like their policy number, registered mobile number, or email ID. Insurance providers ensure data security and prompt service, making the process hassle-free. Reliable customer support plays a critical role in enhancing the user experience and maintaining trust in the insurance company.

Steps to pay your family health insurance premium on the Bajaj Finserv website

Here is how you can pay your family health insurance premium online on the Bajaj Finserv website:

1. Visit the Bajaj Finserv website

2. Scroll down to the ‘BILLS AND RECHARGES’ section

3. Select ‘INSURANCE’ and enter your registered mobile number and OTP to sign-in

4. Choose your insurance provider from the given list

5. Enter your policy number and click on ‘FETCH YOUR BILL’

6. Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking

7. After choosing your preferred payment mode, enter the requested payment details

8. Check the details you entered and click on 'PAY NOW’

You will receive a notification from Bajaj Finserv after successful payment.

Fees and charges

Depending on the transaction amount and payment mode, a convenience fee of up to 2% (inclusive of applicable taxes) will be charged. For more information on fees and charges, click here.

Note: For failed transactions, the total amount, including charges except taxes, is reversed.