Tell us your premium. We'll show you a small monthly contribution that's designed to cover your premiums for life — even if your income stops.
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Your insurance shouldn't depend on your incomeLife insurance is a 20–30 year commitment. But careers, salaries, and savings don't follow a stable path for that long.
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Insurance is meant to protect — not to add another worryA policy you bought to protect your family shouldn't become a source of anxiety about whether you will be able to keep paying.
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Money that grows beats money that's spentPremiums paid year-by-year are gone the moment they're paid. Money built once and grown over time keeps working for you.
Example
Meet Raj — 29, salaried, with a ₹20,000 annual premium
His premium is paid every November, with 31 years remaining on his policy (cover till age 60). Raj picks "PMI pays from Day 1" for instant peace of mind, and contributes monthly for 4 years. Here's his Premium Freedom Plan:
Contribute
₹5,422/mo
for just 4 years
Insurance covered for
31 yrs
from the very first month
Saves vs. direct payment
₹3.60 L
over 31 years
Want to see your own numbers?
Illustrative example based on 8% conservative growth assumption. Actual outcomes depend on market performance. Mutual fund investments are subject to market risks.
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Your Policy Details
Ready
1 How many policies do you have?
2Tell us about your policy
3 Your Plan
After this period, Pay My Insurance handles all your future premiums automatically.
We'll show you how many years until your premiums are covered for life
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Your Premium Freedom Plan
Plan updated
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Your plan will appear here
Fill in your policy details and your Premium Freedom Plan will calculate automatically.
How It Works
Four simple steps to premium freedom
No jargon. No surprises. Just a clear path from where you are today to insurance that's funded for life.
1
Tell us about your insurance policy
Enter your premium amount, frequency, and how many years remain on your policy. Use the calculator above to see your personalised plan instantly — no signup needed.
2
Start a small monthly contribution
Set up an auto-debit from your bank account into your own dedicated Premium Reserve Fund. The money stays in your name, in your folio — managed across reputed funds like HDFC, Nippon, and Edelweiss for steady, conservative growth.
3
Your reserve grows over a few years
During your contribution period (typically 3–7 years), your Premium Reserve grows steadily at a target rate of 8% per year. We monitor and rebalance it monthly to keep it on track — no action needed from you.
4
Your reserve pays your premiums — for life
Once your reserve is built, every premium is set up to be paid automatically from it — on time, until your policy term ends. Your insurance is designed to stay funded even if your job, income, or circumstances change. That's premium freedom.
Why Trust Pay My Insurance
Built on transparency, not promises
We're a young company. Here's exactly how we protect your money and your trust from Day 1.
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Your money stays in your name
Your Premium Reserve sits in a mutual fund folio registered to you — not to us. We never hold your money. You can verify your balance directly on the AMC's app any time.
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Conservative 8% planning
We calculate your plan assuming 8% annual growth — far below the 12–15% Indian mutual funds have historically delivered over 10+ years. The gap is your built-in safety buffer.
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Regulated by SEBI & AMFI
Pay My Insurance operates as an AMFI-registered Mutual Fund Distributor. Every investment is in a SEBI-regulated mutual fund. We follow all distributor compliance norms.
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Real founder, real face
Built by an Indian founder who's worked in private sector and felt the same anxiety you feel about long-term premium commitments. Not a faceless company.
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Exit anytime, no lock-in
Your Premium Reserve is yours. Stop contributing whenever you want. Withdraw your full balance whenever you want. You're in control — always.
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Free 45-min consultation
Before you commit anything, we walk you through your complete plan in a one-on-one session — your premiums, your reserve, your numbers. Free. No commitment.
K
From the founder
Keshav - Pay My Insurance
When I bought my first life insurance policy to protect my family, I felt good about the decision — but a quiet anxiety stayed with me. I'd just committed to paying premiums for decades, and the alternatives the insurer offered upfront felt out of reach. No matter how stable life looks today, none of us really knows what's coming. One unexpected expense, one tough year, and the policy I was paying for to protect my family could lapse.
So one weekend, I sat down with the calculations to see if there was a way to fund my premiums once and stop worrying about them. The math worked. I built Pay My Insurance so it can work for you too.
Reach me directly: keshav@paymyinsurance.in · WhatsApp +91 88006 11923
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Be one of our first members
We're just getting started. Real customer testimonials will appear here as we grow. Want to be one of our first stories? Talk to us today — we'd love to build your Premium Freedom Plan personally.
Talk to Us
Have questions? We're here.
Three easy ways to reach us — or leave your details and we'll call you back within 24 hours.
The questions we hear most often from people exploring Pay My Insurance.
Pay My Insurance is a premium coverage planning service. You contribute a small amount monthly for a few years, we build a dedicated Premium Reserve Fund in your own name across reputed Indian mutual funds, and once that fund is built, all your future insurance premiums are paid automatically from it — for the rest of your policy term. You don't have to worry about premium payments again, even if your job changes or income stops.
Your money goes directly into a SEBI-regulated mutual fund folio registered in your name — not Pay My Insurance's name. We never hold or touch your money. You can verify your balance any time on the AMC's official app or website. If we ever ceased to exist, your money would still sit safely in your own folio, fully accessible to you.
No hidden catch. We earn a small trail commission directly from the mutual fund AMCs (a standard industry practice for distributors) — typically around 0.5–1% per year on your reserve. You pay us nothing extra. The AMC pays us; you pay only the standard mutual fund expense ratio you'd pay anyway. We may also charge a one-time success fee on any surplus your reserve generates above your premium needs — but only on the surplus, never on your principal, and only if you choose to withdraw it.
Pay My Insurance is not an insurance company — we don't sell insurance, so we don't need IRDAI registration. We operate as an AMFI-registered Mutual Fund Distributor under SEBI's framework. Our service is to help you plan and fund the premiums of insurance policies you already own.
Insurers do offer single-pay and limited-pay options — but the lump sum they ask for is typically much higher than what you'd build through Pay My Insurance for the same policy. Here's why: insurers price their lump-sum options using actuarial science — accounting for mortality risk, claim probabilities, regulatory reserves, and a margin for the protection they provide. That's their actual job, and it's legitimate. Pay My Insurance does something different — pure financial math, planning your premium funding at a conservative 8% growth assumption, which is roughly in line with what Indian fixed deposits and long-term bonds have historically delivered. We're not pricing risk; we're just funding payments that already exist on your insurance policy. If we used a lower assumption like 4–5%, our numbers would converge with what insurers quote. It's not that insurers are overcharging — they're solving one problem. We're just solving a different one: how to fund payments on a policy you already bought.
We don't guarantee returns — and any service that does in India is operating illegally under SEBI rules. What we do is plan conservatively at 8% per year, while Indian mutual funds have historically delivered 12–15% over the long term. That gap is your built-in safety buffer. If markets underperform, your reserve still has cushion. If markets do well, you may end up with a surplus you can take back or roll into other coverage.
Three things: (1) Goal-specific planning — we calculate the exact monthly amount for your specific premium and timeline, so you don't over-save or under-save; (2) Active management — we monitor your reserve monthly, rebalance across funds, and shift to safer assets as your coverage date approaches; (3) Automated premium payouts — once built, premiums get paid automatically from your reserve. You can technically do it yourself, but most people don't because it requires consistent attention.
Yes — Pay My Insurance works with any Indian life insurance policy you already own (LIC, HDFC Life, ICICI Pru, SBI Life, Tata AIA, Max Life, and others). You don't need to buy a new policy. Just tell us your existing premium and remaining term, and we'll calculate your plan. Health insurance support is coming soon.
You can stop or withdraw any time. Your Premium Reserve is your money in your folio — there's no lock-in, no exit penalty from us. We'll show you exactly what happens to your premium coverage if you withdraw early, so you can make an informed choice. Most customers continue because they understand the long-term value, but the option to exit is always yours.
Why long-term insurance premium planning matters in India today
Indian insurance premiums have been rising steadily — health insurance premiums alone went up by over 25% in 2024 for more than half of policyholders. Add to this the reality that around two-thirds of Indian life insurance policies lapse within five years, mostly because policyholders couldn't sustain premium payments after a job change, salary cut, or unexpected expense.
The problem isn't that Indians don't want insurance. It's that insurance is structured as a 20–30 year financial commitment — but most people's incomes don't follow a stable, predictable path for that long. Job changes, career breaks, relocations, family responsibilities, medical events — any of these can break the premium chain and cost a family their entire investment in coverage.
How Pay My Insurance solves this
Instead of betting that your income will stay perfect for the next 20-30 years, you build a one-time Premium Reserve Fund over a shorter, manageable period — typically 3 to 7 years. Once built, this reserve quietly funds all your future premiums automatically. Your insurance keeps running. Your family stays protected. Even if your income changes, your coverage doesn't.
Who is this for?
Salaried professionals in private sector worried about job continuity over a long policy term
Self-employed individuals and freelancers with variable income
Parents who want to lock in their child's insurance protection regardless of their own future income
Anyone with an existing life insurance policy (LIC, HDFC Life, ICICI Pru, SBI Life, Max Life, Tata AIA, and others) who wants long-term peace of mind
Indians planning early retirement or career breaks who need their insurance to keep running without active income
What makes Pay My Insurance different from a regular SIP or mutual fund investment?
A regular SIP grows your money for general goals. Pay My Insurance is purpose-built around your specific insurance premiums — calculating the exact monthly contribution required, managing the reserve actively across multiple reputed mutual funds, and automatically paying your premiums when due. It's the difference between "saving money" and "solving a specific long-term problem."
Is Pay My Insurance safe?
Your money never sits with Pay My Insurance. It goes into a mutual fund folio in your own name, regulated by SEBI. We're an AMFI-registered Mutual Fund Distributor. You can verify your reserve balance any time on the AMC's app. There is no lock-in — you can exit and withdraw whenever you choose. Returns are not guaranteed (no SEBI-regulated entity can guarantee returns), but our planning is conservative at 8% per year while Indian markets have historically delivered 12–15% over 10+ year periods.
Ready to build your plan?
Use the calculator above. Then book a free 45-min planning session with us — no commitment.
Free • No signup needed • Built by Indians, for Indians