Archive · 2 Jun 2025

Indians Prefer Digital Payments for Insurance Premiums

Indians Prefer Digital Payments for Insurance Premiums

Indians are increasingly using digital methods to pay their insurance premiums.

UPI is now a very popular way to pay, especially for health and motor insurance.

Credit cards are also making a comeback, particularly for term and investment-linked plans, as people seek rewards and flexible payments.

Net banking is growing too, mainly for term and investment plans.

There's also a rise in monthly premium payments, making it easier to manage money.

This shows how people are changing the way they handle their finances, with a preference for digital and flexible options.

Sources