Birla Sunlife insurance is one of the leading life insurance companies in India. This company has been rapidly growing in the life insurance business. There are different ways to pay for Birla Sunlife Insurance Premium Payment which include paying the premiums by direct payments and through online payments.
Birla Sun Life was one of the early life insurance companies to be established in 2000 after the Government de-monopolized life insurance. Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between Aditya Birla Group and Sun Life Financial Inc from Canada. Both the companies are well known in their native markets. The regional knowledge from Aditya Birla Group and the insurance experience of Sun Life Financial Inc have blended together well. This blend, coupled with aggressive marketing has been the formula for success of Birla Sun Life Insurance Company.
With over 10 years of experience, Birla Sun Life Insurance has been largely contributing to the growth and development in Indian life insurance industry and is presently ranked among the top 6 private life insurance companies in the country.
The company has been known for its innovative and creative products and services. BSLI has been one of the pioneering life insurance companies. It was the first Indian Insurance Company to introduce "Free Look Period" and later on it became a mandate for all other life insurance companies by IRDA. Also, BSLI was a pioneer to introduce Unit Linked Life Insurance plans by private insurance companies.
BSLI was also the first to introduce transparency and work credibility by taking up the practice of disclosing portfolio on monthly basis. Such initiatives in the category development have helped BSLI be move closer to the expectations of its policy holders', which further got accelerated by further offer of insurance products (viz. pure term plan, life stage products, health plan and retirement plan) that the company offers.
Birla Sunlife Insurance Premium Payment is very important to the insurance company. There are a number of ways through which have been optioned by Birla Sun Life insurance to pay the insurance premiums. These under the Birla Sunlife Insurance Premium Payment include direct payments or offline payments and online payments. Offline payments are made by paying the premiums directly any of the offices of Birla Sun Life. This is a tiring and cumbersome procedure due to so many protocols to be followed. But, online payments are considered as easy options. Online payments include the use of credit card, debit card and online funds transfer.