SUD Life Premium Payment
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  • Offline/Online Modes
  • Simple Premium Pay Process
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Star Union Dai-ichi Life Insurance Premium Payment

Online payment for Star Union Dai Ichi Life Insurance can be made securely and safely online or offline. To make premium payments easy and on time, the insurer allows you to pay premiums online, which can be done on the insurer's official website through various options - debit card, credit card, or net banking. You can even visit your nearest branch office or pay your premium directly from your account if you hold an account with their partner bank branches. To keep your policy active and get protection, it is important that you make the premium payment on time.

Modes of Star Union Dai-ichi Life Insurance Online Premium Payment

To simplify the premium payment task for their customers, SUD Life has introduced various methods of online & offline premium payment modes. Let's take a look at what they are-

  1. Via Website

    You can pay your SUD premiums online through their official website. Check out the steps below to understand a hassle-free premium payment method.

    • Visit the SUD Life website and click 'Premium Payment Options' on the main page.
    • After that, scroll down to the premium payment option.
    • Enter your policy number or DOB and click on submit.
    • Confirm the premium details that are displayed.
    • Pay premium using a debit card, credit card, or your preferred net banking account.
    • Once you paid, you'll get a payment receipt on your email ID.
  2. Payment Via Customer Portal

    You can even pay your premium by using the SUD Life customer portal. Check out the steps below to understand how to make a hassle-free premium payment.

    • Visit the SUD Life website and click 'Premium Payment Options' on the main page.
    • After that, scroll down to the 'Pay premium via customer portal' option.
    • Log in to your customer portal using your ID and credentials.
    • If you're non-registered, you've to register on the portal to use it for paying premiums online.
    • Once you log in, you can click on the remaining premium pay option.
    • Confirm the premium details that are displayed.
    • Pay premium using a debit card, credit card, or your preferred net banking account.
    • Once you have paid, you'll get a payment receipt on your email ID.

Other Premium Payment Methods

In case you're uncomfortable with online means of premium payment, you can pay your policy premium offline via multiple options. Let's take a look at what they are-

  1. At partner bank branches

    Customers who hold an account with their partner bank branches (Bank of India, Union Bank of India ) can pay their premiums at any Bank of India branch across India. Please remember that premium payments through partner bank branches can be made for amounts up to Rs.49,999.

  2. At SUD Life branches

    Customers who may not have an account with the insurer's partner bank branches can pay their premium in cash, cheque, or DD at any SUD Life branch. However, you can easily locate the nearest branch office through their 'Branch Locator'.

Conclusion

To keep your SUD Life Insurance policy active, you must make all the premium payments on time. Therefore, they offer various online or offline premium payment methods to make Star Union Dai-ichi Life Insurance premium payment easy and convenient for their customers.

SUD Term Life Insurance Premium Payment: FAQs

1. How do I check my Star Union Dai Ichi Life Insurance policy status?

You can log in to their customer portal using your ID and password to check your SUD policy status.

2. How do I surrender my Star Union Dai Ichi Life Insurance policy online?

To surrender your SUD Life policy online, you must first log in to their customer portal using your ID and password and click the 'Cancel Policy' button.

3. What is the claim settlement ratio for Star Union Dai Ichi Life Insurance?

As per the IRDAI's (Insurance Regulatory and Development Authority of India) annual report for the financial year 2022-23, Star Union Dai Ichi Life Insurance claim ratio is 97.42%.

4. How do I deposit the Star Union Dai Ichi Life Insurance policy premium?

SUD premium payment can be made online through their official website or offline by visiting their nearest branch office.

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