{"id":1022,"date":"2021-12-10T16:39:13","date_gmt":"2021-12-10T11:09:13","guid":{"rendered":"https:\/\/www.insurancesamadhan.com\/blog\/?p=1022"},"modified":"2025-07-17T12:18:58","modified_gmt":"2025-07-17T06:48:58","slug":"how-to-make-payment-while-buying-insurance","status":"publish","type":"post","link":"http:\/\/www.insurancesamadhan.com\/blog\/how-to-make-payment-while-buying-insurance\/","title":{"rendered":"How to make payment while buying Insurance?"},"content":{"rendered":"\r\n
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https:\/\/youtu.be\/LwWNuVXj40Q<\/div>\r\n<\/figure>\r\n\r\n\r\n\r\n

Transcription of the above video : How to make payment while buying Insurance
Hello, Shailesh from Insurance Samadhan. You must be aware of the payment options and methods available to you while paying the premium amount \u2013 yearly, half-yearly, monthly or quarterly. All these options are available in the form and we pay the premium according to our convenience. Different types of people choose different ways of payment \u2013 some may choose, some may choose annually, according to their convenience.\u00a0<\/p>\r\n\r\n\r\n\r\n

Now, in my opinion, I would recommend you to pay the premium ANNUALLY. If you are paying monthly, you are paying Rs 108 for the Insurance product of Rs 100, which is a huge loss. A product of 6% return and 8% expense rate, is making you receive -2% of return. If you are paying the same premium in half-yearly, you are paying 4% extra. If you are paying quarterly, you are paying 6% extra. So, while taking up the Insurance, always go for annual payment. Do not fall in the trap of choosing up monthly, half-yearly or quarterly payment. Go for the annual policy, according to your budget. If you take any other mode other than annual payment, there are high chances of Lapsation.\u00a0 Hope this piece of information was useful to you!<\/p>\r\n\r\n\r\n\r\n

Thank you<\/strong><\/p>\r\n","protected":false},"excerpt":{"rendered":"

Transcription of the above video : How to make payment while buying InsuranceHello, Shailesh from Insurance Samadhan. You must be aware of the payment options and methods available to you while paying the premium amount \u2013 yearly, half-yearly, monthly or… Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-1022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health-insurance"],"yoast_head":"\nHow to Pay Safely While Buying Insurance<\/title>\n<meta name=\"description\" content=\"Explore how digital tools impact insurance protection. 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You must be aware of the payment options and methods available to you while paying the premium amount \u2013 yearly, half-yearly, monthly or… Continue Reading →","amp_enabled":true,"_links":{"self":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/1022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/comments?post=1022"}],"version-history":[{"count":2,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/1022\/revisions"}],"predecessor-version":[{"id":5239,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/1022\/revisions\/5239"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/media\/1023"}],"wp:attachment":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/media?parent=1022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/categories?post=1022"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/tags?post=1022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}