Life Insurance Payment

FAQs

• 1. Is there any eligibility criteria for a life insurance plan

  Yes, each life insurance plan listed on Payrup has a specific eligibility criteria. You can have a look at it in the details of the plan

• 2. What is the minimum eligible premium amount set

  It depends on the factors like premium chosen, paying frequency, etc.

• 3. What is the minimum eligible premium amount to be paid for a life insurance policy

  Depends completely on the premium paying frequency by the customer (or insurer)

• 4. Is there any death benefit covered under the policy

  Yes. Death benefit is payable to the nominee of the insurance policy by the insurer. The nominee who is inserted in the policy, will be the person who shall be paid if the insurer policy payment has to be paid.

• 5. How does the user know that the policy payments are successfully done?

  On successfully completing the payments from the various payment options, you will receive a tracking in your account transactions. You would also have received a policy copy on your registered email address.

• 6. Which credit cards can a user use to settle my premium payment?

  Payrup.com accepts all major credit cards.

• 7. I'm trying to pay my life insurance premium online but I'm getting an error?

  If you have entered the wrong details in the search fields such as policy number, D.O.B, co-issuers D.O.B instead of policy holder's DOB you won't be able to complete the payment. Please check and enter the details correctly

• 8.  How will a user know that Payrup has received the payment?

  Payrup sends you a receipt as soon as the premium has been successfully bought from your side. Any queries, please feel free to mail us at info@payrup.com to get them resolved.

• 9. Can the user receive a copy of the life insurance premium?

  The copy of the premium receipt is provided by the respective insurance policy providers. So you have to login to the respective insurance policy provider's website and get a copy of the same.