![]() It also enables you to make the payment from anywhere. You can pay your premium online any time of the day and even during non-working days. What are the benefits of online premium payment?īelow are some key benefits of paying premiums online: Yes, you can use more than one credit card to clear your outstanding balance. Can I use more than one credit card to pay my outstanding balance? If you are able to pay the premium during this time, your policy will continue to remain active without any extra charges. This is a bonus period to make the payment. Most life insurance plans have a grace period of 30 days that starts after you miss your premium payment date. Missing a premium payment can lead to a lapse of your life insurance policy.
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