For an existing policyholder, Tata AIG has facilitated multiple methods of renewal payment. Let us look at each of these formats in detail.
Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group. It allows for several ways in which renewal payment can be made. Some of them are listed below -
Online Payment
This is the most convenient and the fastest method of premium payment. The various modes are:
- Credit Card
- Debit Card
- Net Banking
- eWallet (Paytm)
Advantages of Online Payment
Online payments have several benefits, such as the following -
- Completely paperless process
- All online transactions are encrypted, safe and secure
- Multiple payment options
- Renewal of policy happens under 5 minutes
Steps for Online Payment
Here are the steps to make a payment online -
- Visit the official website of Tata AIG General Insurance
- Select the renew option under the customer service tab
- You need to select one of the four options - Health, Car, Two-Wheeler or Accident
- Enter the policy and mobile number
- Your premium renewal amount will be displayed
- Make the payment via card or net banking
- Your policy will be successfully renewed
Paytm
You can make your renewal payment with the Paytm app. Before you begin, ensure that you have set up the Paytm wallet with money.
- Open the Paytm App
- Select the insurance icon
- Select Tata AIG General Insurance from the list of insurers
- Enter the policy number and click ‘Get Premium’ details
- Confirm the premium amount and click proceed
- Complete your payment by choosing the mode of payment - Paytm Wallet
- Post payment, the policy will be successfully renewed
Conclusion
Online mode of payment is the most convenient and fastest mode of premium payment. Most insurers provide this facility. If you are always on the move, then the online mode of payment is the best option available.
