Insurance Premium Payment

From 3 July 2006, customers will be able to make the following payments on their life insurance policies at all Post Offices and Self-service Automated Machines (S.A.M) islandwide:

1. Renewal premium payments for existing individual life policies
2. Premium payments for new individual life policy applications
3. Payments for automatic premium loans and/or interests

1. Cash or Cash Card – cash payments of up to a maximum limit of S$10,000 per transaction.
   
   
2. NETS – NETS payments are subject to the customers’ ATM card daily transaction limits. The maximum limit ranges from S$1,000 to S$5,000 depending on the issuing bank.

Note:
• Payments made on the day and up to 12 midnight will be received on the next working day.
• Please retain the SingPost receipt as proof of payment.

1. Renewal premium payment for existing policies – Payment Slip
   (which can be obtained from your Premium / Contribution Notice)
   
   
2. Premium payment for new applications – SingPost Payment Slip
   (which can be obtained from your HSBC financial planner)

1.		2.
	Main Menu Screen Select "Pay Loans and Insurance"		Pay loans and insurance sub-menu screen Choose "HSBC"
3.
	HSBC Insurance sub-menu screen Select "Premium Payment" or "Automatic Premiums Loan / Interest Repayment"

Type of Payment - Premium Payment

4.		5.
	Disclaimer screen Click 'OK' to proceed		NRIC no. screen Key in policy owner's NRIC number
6.		7.
	Insurance proposal/policy no. screen Key in policy owner's policy number		Contact no. screen Key in contact number
8.		9.
	Payment amount screen Key in the amount you wish to pay		Confirmation screen Confirm your submission and select "OK"

Type of Payment - AP Loans / Interest Repayment

10.		11.
	Disclaimer screen Click 'OK' to proceed		NRIC no. screen Key in NRIC number
12.		13.
	Policy no. screen Key in policy number		Contact no. screen Key in contact number
14.		15.
	Payment amount screen Key in the amount you wish to pay		Confirmation Screen Confirm your submission and select "OK"
16.
	Payment Summary Screen Touch "OK" to print a receipt as proof of payment