APay insurance payment after converting premium payment from yearly to monthly

[Jaded]

I have an IPru policy payment of 50k due this month and had added the amount to Apay wallet a few months ago, before they changed the insurance payment conditions for payments made though APay wallet.

I was thinking of converting my policy payment premium from yearly to monthly. That would increase the policy amount by 2.5% but that would give me a 2.5% benefit, if Amazon Pay allows me to pay that.

Can someone confirm whether this is possible or not?

 

[Shaktimaan V2.0]

I was doing the same for the last 2 years. It will work as per your expectation.

 

[Shaktimaan V2.0]

My case - my policy is SBI. Just validate that you are able fetch your policy premium on APAY or on your Policy website whether it is allowed to pay using the Amazon wallet.

 

[Jaded]

My case - my policy is SBI. Just validate that you are able fetch your policy premium on APAY or on your Policy website whether it is allowed to pay using the Amazon wallet.

Yeah, I'm able to fetch the annual policy from APay. Won't be able to pay via Amazon wallet on the policy website though.

 

[6ix9ine]

I have an IPru policy payment of 50k due this month and had added the amount to Apay wallet a few months ago, before they changed the insurance payment conditions for payments made though APay wallet.

I was thinking of converting my policy payment premium from yearly to monthly. That would increase the policy amount by 2.5% but that would give me a 2.5% benefit, if Amazon Pay allows me to pay that.

Can someone confirm whether this is possible or not?

ICICI website doesn't have apay option? If there is, then you can use that instead. There isn't any limit issues on insurance merchant.

 

[Jaded]

ICICI website doesn't have apay option? If there is, then you can use that instead. There isn't any limit issues on insurance merchant.

Unfortunately ICICI Pru's website doesn't have any wallet option to make insurance payments.