What is Auto Pay?

Auto Pay automates the process by managing your premium payments for you. You can have your life insurance premium automatically withdrawn from your bank account, so you don't have to worry about missing deadlines or manually making payments each month.

Benefits of Auto Pay?

There are several advantages of using Auto Pay for your life insurance premium payments, including:

  1. On-time Premium Payments: By ensuring that your premium payments are deducted on time, reduces the possibility of missing your payment due dates. By doing this, you can avoid your policy getting lapsed.
  2. Simple Payment Process: By using Auto Pay, you can stop worrying about manually paying your premiums. The payment procedure is handled by the system in an efficient manner, which is convenient for you.
  3. Better Customer Experience: By offering a simple and effective payment method, Auto Pay improves your overall customer experience. It ensures that your policy is still in effect while saving you time and effort.
Automatic Payment Benefits Automatic Payment Benefits

Security and Confidence

Auto Pay is built with strong security measures to protect your financial data. The safety and confidentiality of your data are guaranteed by the encryption and security of all your bank account information.

For transparency and control, you can also set up alerts to get notifications anytime a premium payment gets withdrawn out of your bank account.

How to Set up Auto Pay?

Contact our Trusted Financial Advisor

  1. Contact Future Generali's trusted financial advisor to discuss Auto Pay and its benefits.
  2. Our trusted financial advisor will guide you through the setup process.
  3. Once the setup is complete, you can relax knowing that your premium payments will be handled automatically.
Contact Our Trusted Financial advisor Contact Our Trusted Financial advisor

What is the setup process?

When Renewing your Policy on our Website

You have the choice to select the auto-payment option when renewing your policy on the Future Generali website. By choosing this, you give us permission to debit your designated bank account, credit card, or debit card automatically on the renewal due date with the premium amount. This guarantees a simple and straightforward renewal process, letting you concentrate on your insurance coverage without having to worry about missed payments.

Check: FGLI (futuregenerali.in)

At your Nearest branch
  1. Complete the Auto Pay Mandate Form. You can download the form from our website.
  2. Include an actual cancelled cheque from the bank account you want to use to link for premium deductions with the Auto Pay Mandate Form.
  3. Take the completed Auto Pay Mandate Form and the voided cheque to the nearest Future Generali branch. You will receive help from our staff in completing the request. Please be aware that there are no fees associated with using this service.

MANDATE FORM FOR NACH-ECS-DIR... (futuregenerali.in)

Electronic Process

For instructions on how to set Auto Pay electronically, see below:

  1. Register on Your Bank's Website. Go to your bank's website and find the section devoted to online or bill payments.
  2. After you've gained access to your online banking account, look up "Future Generali India Life" in the payee list and enter the required insurance and account information when prompted.
  3. Enter the renewal premium amount, then choose the appropriate policy information. Check the details to make sure they are correct.

Video: Simplify Premium Payments with Auto Pay

In this video, your very own Happy Singh and Worry Singh will be discussing the benefits of using Auto Pay for paying your premiums. Happy Singh explains the benefits of using Auto Pay as a convenient option that allows us to automatically deduct your premium payments from your bank account or credit card on a regular basis.

Don't forget to like and subscribe to our channel for more helpful videos on life insurance.

Conclusion

When it comes to streamlining your life insurance premium payments, auto pay is a game-changer. You can now manage your premium payments with simplicity, assurance, and flexibility.

So don't let the stress of missed premium deadlines and payment deadlines bring you down. Set up Auto Pay now!