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Pay your insurance premium through SMS

Insurers now offer a facility of paying the insurance premium through SMS. This system is being used by companies such as ING Vysya, Reliance Life, LIC, Max New York Life and ICICI Prudential.

Apnainsurance.com Research Bureau

30 Jun 2008

Insurance providers have developed a new system through which one can pay premium by sending using the Short Messaging Service (SMS).

This system is being currently used by ING Vysya, Reliance Life, Life Insurance Corporation of India (LIC), Max New York Life and ICICI Prudential.

This system is being currently available only for a few banks' account-holders but is expected to increase soon.

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