HDFC Life Insurance Premium Payment Receipt

HDFC Life Insurance Premium Payment Receipt

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The HDFC Life Insurance company is one of the biggest and most trusted private life insurance companies in India. The company provides some of the best and most reasonable life covers available in the country.

If you are planning to buy life insurance coverage from HDFC Life, then you do not need to worry about your family after your demise because HDFC life provides a good claim settlement. You only need to do is to pay your premium on time and never hide any critical illnesses while buying life insurance for yourself or for any member of your family otherwise your claim may get rejected and you have to face such a situation which you do not expect. When you pay your premium, the company will send you the HDFC Life Insurance Premium Payment Receipt which you need to download and keep with you for your record.

Let’s understand how to download the HDFC Life Insurance Premium Payment Receipt Online and why it is important.

How to Download HDFC Life Insurance Premium Payment Receipt Online?

Let see how the receipt can be downloaded from the HDFC Life insurance portal online. What all you need to do is.

  1. Log on to HDFC Life mobile app premium website
  2. Provide your policy number which you got while buying your life insurance and your original date of birth.
  3. Once you are done with the above step, your HDFC Life Insurance Premium Payment Receipt will be shown to you.
  4. Check your details, like your name, address, mobile number, policy number, your submitted premium amount.
  5. Then go through all the details and download and save HDFC Life Insurance Premium Payment Receipt.

What are the Important Reasons to Download HDFC Life Insurance Premium Payment Receipt?

As you know no claim can be made on a life insurance plan that has been lapsed due to non-payment. Premium payment receipt acts as proof that the life insurance premium has been submitted and your life cover is still active. Downloading premium receipts is also important because in case of your demise, then with the help of these receipts your nominee can easily file a claim and without getting any issue, a nominee can have the final assured sum.

Important Points to Know About the HDFC Life Insurance Premium Payment Receipt

  1. Payments made after 3:00 PM, the premium receipt will be available on My Account on the next day
  2. Advance premium can be paid within the same financial year for any premium due in that financial year
  3. Please update your PAN/Form 60 for your policy with HDFC Life
  4. If any excess premium is made by you, the same will be refunded on the same account or the Excess amount will be settled for the next due premium for policies on a monthly and quarterly frequency.

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