Family health insurance premium payment online

Family health insurance policies are designed to cover the medical expenses of all family members under one comprehensive plan. With rising healthcare costs, these policies provide financial support for hospitalisation, surgeries, and treatments, ensuring families have access to quality healthcare without worrying about the financial burden. Family health insurance typically covers pre- and post-hospitalisation expenses, ambulance charges, and cashless treatment options at network hospitals.

Many insurance providers offer a range of plans, including basic coverage for a limited sum insured, or more comprehensive plans that include higher coverage amounts and additional benefits such as critical illness coverage, maternity benefits, and wellness programs. Policyholders can choose plans according to their family’s healthcare needs, ensuring adequate protection for unforeseen medical expenses.

Now, family health insurance premium online payment can be done conveniently using the Bajaj Pay BBPS platform on BajajFinserv. The BBPS platform on BajajFinserv is a secure andaccessible avenue for users to handle your payments effortlessly. It is more than just connectivity; it is about making every part of your experience as smooth as your internet connection.

The Bajaj Pay platform ensures that every transaction is encrypted, safeguarding sensitive information, and providing peace of mind to families.

Benefits of paying family health insurance premium online on Bajaj Finserv



  • Quick and hassle-free: With the Bajaj Finserv BBPS platform, you can pay insurance premium quickly and effortlessly.
  • Safe and secure: Bajaj Finserv provides a safe and secure payment platform on BBPS. Your payment details are secure with the platform’s robust security measures.
  • Multiple payment options: Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, e-wallet, and UPI. This allows you to choose the payment method that suits you best.
  • Instant confirmation: After making the payment, the platform immediately confirms the payment through an email and SMS.

Mode of payment

The Bajaj Pay platform offers a range of convenient payment options to pay your family health insurance premium.

Let us explore the available modes:

  • Credit card/debit card: This is a widely accepted and convenient option. You can make payments using your Visa, Mastercard, or Maestro card issued by any bank in India.
  • Net banking: If you prefer online bank transfers, Bajaj Finserv integrates with major banks across India. Simply select your bank from the list and utilise your existing net banking credentials for secure payments.
  • Bajaj Pay UPI: This option leverages the Unified Payments Interface (UPI) for instant fund transfers. It is a secure and fast way to pay directly from your bank account using a UPI app.
  • Bajaj Pay Wallet: Bajaj Finserv also offers its own digital wallet - Bajaj Pay Wallet. If you have a Bajaj Pay account, you can easily make payments using the balance stored in your wallet.

Steps to pay family health insurance premium online on the Bajaj Finserv website

  • Here is how you can pay your family health insurance premium on the Bajaj Finserv website:

    1. Visit the official Bajaj Finserv website and log in to your account.

    2. Select ‘PAYMENTS’ from the menu and navigate to the ‘ALL PAYMENTS’ section.

    3. Navigate to the ‘BILLS AND RECHARGES’ tab and select ‘LIC/INSURANCE’.

    4. Select your preferred biller from the list of billers.

    5. Enter your policy number and verify your details.

    6. Choose the preferred payment mode (credit/debit card, UPI, Bajaj Pay, or net banking).

    7. Confirm the payment and receive an instant confirmation message and receipt.

    Steps to pay Insurance premiums online on the Bajaj Finserv app
    1. Open the Bajaj Finserv app on your mobile device.

    2. Log in to your account using your credentials.

    3. Navigate to the ‘BILLS AND RECHARGES’ tab and select ‘LIC/INSURANCE’.

    4. Select your preferred biller from the list of billers.

    5. Enter your policy details and select your payment method.

    6. Confirm the transaction and the payment receipt will be sent to your registered email or mobile number.

    Fees and charges

    Depending on the transaction amount and payment mode, a convenience fee of up to 2% (inclusive of applicable taxes) will be charged. For more information on fees and charges, click here.

    Note: For failed transactions, the total amount, including charges except taxes, is reversed.

Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

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Frequently asked questions

How can I pay for family health insurance online?
You can pay your family health insurance premiums online through the Bajaj Finserv website or app using a debit/credit card, UPI, Bajaj Pay, or net banking.

Can I cancel the policy during the tenure?
Yes, most insurers allow cancellation, but terms and conditions may vary based on the policy.

What are the types of family health insurance plans?
Family health insurance plans vary by coverage, with options ranging from basic plans to comprehensive policies with critical illness or maternity benefits.

What happens if I miss a premium payment?
Missing a premium payment may lead to policy lapses. Insurers may provide a grace period for renewal.

Can I renew my family health insurance policy online?
Yes, you can easily renew your family health insurance policy online via the Bajaj Finserv website or app.

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