How to pay premiums for a Prudential policy in Singapore

Paying premiums for your Prudential policy in Singapore is a straightforward process. Prudential Singapore provides multiple convenient options to ensure that premium payments are made easily and on time. Here are the various methods available:

  1. GIRO (General Interbank Recurring Order): GIRO is a popular and hassle-free option for premium payments. You can set up GIRO by completing the relevant application form and submitting it to Prudential Singapore. The premium amount will be automatically deducted from your designated bank account on the due date. GIRO ensures that your premiums are paid on time without the need for manual intervention.
  2. Online Payment: Prudential Singapore offers an online payment facility through their website. Simply visit the Prudential Singapore website and log in to your account. Navigate to the payment section and follow the instructions to make a premium payment using your preferred debit or credit card. The online payment option provides a quick and secure way to pay your premiums conveniently.
  3. AXS Stations: AXS Stations are self-service kiosks available at various locations throughout Singapore, including shopping malls, post offices, and convenience stores. You can visit any AXS Station and select the “Insurance” category. Choose Prudential Singapore as the insurance provider and follow the prompts to make your premium payment using cash, NETS, or a debit/credit card.
  4. AXS e-Station and AXS m-Station: If you prefer to make premium payments from the comfort of your own home or through your mobile device, you can use AXS e-Station (website) or AXS m-Station (mobile app). Simply access the platform, select the “Insurance” category, choose Prudential Singapore, and follow the instructions to complete your premium payment using your preferred payment method.
  5. PayNow: Prudential Singapore also accepts premium payments via PayNow, which is a peer-to-peer funds transfer service available in Singapore. Using the PayNow option, you can transfer the premium amount directly from your bank account to Prudential Singapore’s designated PayNow account. Ensure that you provide the correct payment reference, such as your policy number, to facilitate the payment.
  6. Cheque Payment: If you prefer traditional methods, you can still make premium payments by cheque. Simply write a cheque payable to “Prudential Assurance Company Singapore (Pte) Ltd” and indicate your policy number on the back of the cheque. Mail the cheque to the address provided on your premium invoice or visit a Prudential branch office to submit the payment in person.

It’s essential to make your premium payments on time to ensure the continuity of your policy coverage. Consider setting up automatic payments through GIRO or exploring online payment options for added convenience and peace of mind. If you have any specific queries or require assistance, don’t hesitate to contact Prudential Singapore’s customer service helpline for personalized guidance.