Best way to pay insurance payment

260°
Deal Subedar
shreyu2105

Hi friends
Please provide me best way to pay insurance payment.

I have HDFC Infinia, IDFC select , indusind pinnacle. I can manage other banks card if found better offer.

Note : i want to pay through LIC site only so please don’t suggest any other like paytm etc.

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Deal Subedar Deal Subedar
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I think this is the most common question in DD.

Deal Captain Deal Captain
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Different payment method
Paid 15k tata aia insurance in az ( 14k az pay balance + remaining az upi )

Cool Cool
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Axis ace get 2 percent cb

Chennai Super Kings Chennai Super Kings
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The best way i found is buy 10k amazon vouchers every month from Smartbuy and buy enough till your premium is due then pay ur premium using pay balance.

Deal Lieutenant Deal Lieutenant
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Tanmayyy wrote:

The best way i found is buy 10k amazon vouchers every month from Smartbuy and buy enough till your premium is due then pay ur premium using pay balance.

My LIC Term insurance is not showing here

Chennai Super Kings Chennai Super Kings
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decideaim wrote:

My LIC Term insurance is not showing here

AFAIK only life insurance premium can be paid through amazon.

Deal Lieutenant Deal Lieutenant
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Tanmayyy wrote:

AFAIK only life insurance premium can be paid through amazon.

So LIC Term insurance can’t be paid ??

Deal Lieutenant Deal Lieutenant
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Tanmayyy wrote:

AFAIK only life insurance premium can be paid through amazon.

@decideaim I’ve HDFC term insurance and it shows and have paid in the past on Amazon.
What I’ve noticed is that if you try to enter the details for LIC before more than a month in Amazon, it won’ show the premium amount.
Try to check when the due date is less than 30 days.

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LightYagami wrote:

@decideaim I’ve HDFC term insurance and it shows and have paid in the past on Amazon.
What I’ve noticed is that if you try to enter the details for LIC before more than a month in Amazon, it won’ show the premium amount.
Try to check when the due date is less than 30 days.

Oh , good info if that’s true. Thanks

Deal Lieutenant Deal Lieutenant
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LightYagami wrote:

@decideaim I’ve HDFC term insurance and it shows and have paid in the past on Amazon.
What I’ve noticed is that if you try to enter the details for LIC before more than a month in Amazon, it won’ show the premium amount.
Try to check when the due date is less than 30 days.

Thanks for the assurance.
It’s only 15 days away from renewal now. I’m checking daily, if it doesn’t work for LIC Term policy, I’d pay using HDFC credit card directly.

Deal Subedar Deal Subedar
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What is the best wat to get maximum discount for 50k hsbc premium?

Deal Subedar Deal Subedar
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Thanks for replying, I have already mentioned that

Note : i want to pay through LIC site only so please don’t suggest any other like paytm etc. 

Please suggest any card that gives max benefits.

I found there is offer running on HDFC card for 1000 points bonus on paying min 20000.

Please suggest any other better option.

Deal Cadet Deal Cadet
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LG50 wrote:

What is the best wat to get maximum discount for 50k hsbc premium?

there is some spending based offer going on for hsbc credit cards. If you are having hsbc credit cards, you can avail the same.

Deal Lieutenant Deal Lieutenant
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Tanmayyy wrote:

The best way i found is buy 10k amazon vouchers every month from Smartbuy and buy enough till your premium is due then pay ur premium using pay balance.

where can i see the TnC for this offer ? is it for everyone ? i can see only 5x on my smartbuy

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jitz wrote:

where can i see the TnC for this offer ? is it for everyone ? i can see only 5x on my smartbuy

It’s only for hdfc cc users. If you have a cc you will get 5% cashback from smartbuy and normal reward points on your cc

Deal Lieutenant Deal Lieutenant
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Tanmayyy wrote:

It’s only for hdfc cc users. If you have a cc you will get 5% cashback from smartbuy and normal reward points on your cc

yes, im a regalia user.. so hopefully i would get it.. it takes 90 days to credit right ? (effective its gonna be 10% ? )

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jitz wrote:

yes, im a regalia user.. so hopefully i would get it.. it takes 90 days to credit right ? (effective its gonna be 10% ? )

Don’t have idea about regalia bro , i have millenia

Deal Cadet Deal Cadet
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Tanmayyy wrote:

I’m afraid not.

Term insurance is life insurance only. If life insurance is allowed, term insurance should also be allowed.

Deal Cadet Deal Cadet
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I use Amex to buy Amazon vouchers on intermiles through cred. Every voucher I get double discount and intermiles. I go with ₹1500 denominations so that I get 1000 bonus points on Amex too. Amazon Pay balance helps me to pay the premiums. I get triple advantage.

Deal Subedar Deal Subedar
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bridges wrote:

I use Amex to buy Amazon vouchers on intermiles through cred. Every voucher I get double discount and intermiles. I go with ₹1500 denominations so that I get 1000 bonus points on Amex too. Amazon Pay balance helps me to pay the premiums. I get triple advantage.

How you get double discount using amex? Also what is the net payment u made for 1500 voucher?

Deal Cadet Deal Cadet
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First discount come from intermiles, second discount comes from cred. Third advantage is using Amex to make 4 transactions od ₹1500 in a month. I select 1650as the amount and I pay about 1520.

Deal Subedar Deal Subedar
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bridges wrote:

First discount come from intermiles, second discount comes from cred. Third advantage is using Amex to make 4 transactions od ₹1500 in a month. I select 1650as the amount and I pay about 1520.

plus1
Deal Newbie Deal Newbie
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I am doing so many LIC payments on monthly basis ….i am purchasing amazon gv from woohoo app there on purchasing 5000gv i receive 100 discount .
Another method if your LIC premium if around 40k then u can purchase from Zingoy app there one offer ks going on
On 13800gv u will receive 329 amazon membership absolutely free
Or on 40000gv u will receive 999 amazon 1 yr membership absolutely free.
I hope this helps u a lot.
Thank you!

Deal Newbie Deal Newbie
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I buy Amazon vouchers from zingoy and pay with olamoney postpaid+. Then repay with olamoney sbi cc. I get 7% cashback in olamoney wallet. But Max cashback is limited to rs.500 per month.

Deal Newbie Deal Newbie
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Tanmayyy wrote:

The best way i found is buy 10k amazon vouchers every month from Smartbuy and buy enough till your premium is due then pay ur premium using pay balance.

What benefit we get for buying amazon voucher via smarrbuy.. what is the scheme. Which card required

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ns8182 wrote:

What benefit we get for buying amazon voucher via smarrbuy.. what is the scheme. Which card required

Hdfc credit card required , benefits vary based upon which variant of hdfc cc you have.

replyuser
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