Life Insurance

Life insurance is defined as a legally binding contract between an insurance provider and a policy proprietor. Its policy guarantee where the insurer promises to pay a sum of money to the beneficiary when the insured person dies in exchange for the premiums paid by the policy holder during their continuance. Life Insurance protects the future of your loved ones (mom, dad wife and children) by paying a lump sum amount referred to as death benefit if any unfortunate event occurs. Though money cannot recover for the loss, but ensures to have no financial gaps for the family to face after the demise of their supporting hand who earns money for their family.

It is best to buy a policy quickly, since the premium amount is rising in this year. Payveda will give you a life insurance in less budget amount.

Life Insurance

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Customers can visit their nearest Payveda AEPS agent and do all these transactions using only their Aadhaar Number and Biometric Authentication.

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Health Insurance

Health insurance is a type of insurance that help to cover the cost of medical care. It helps to pay for medical expenses, including hospital stays, surgeries, doctor visits, and other forms of medical treatment. Health insurance can provide access to a range of medical services and can help to protect individuals and families from the high cost of medical care. In India, health insurance is provided by private insurance companies, and individuals and families can purchase health insurance plans through their employer or on the open market, such as PayVEDA agent in their locality. Some people may be eligible for government-funded health insurance programs, such as Medicaid and Medicare.

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Vehicle Insurance

Vehicle insurance, also known as car insurance or auto insurance, is a type of insurance that provides protection for vehicles, such as cars, trucks, and motorcycles. It covers a range of potential losses, including damage to the vehicle, theft, and accidents. Motor insurance is required by law in most countries, and it can help to protect individuals and families from the high cost of repairing or replacing a vehicle. Motor insurance policies typically include liability coverage, which covers damages to other people and their property, and collision coverage, which covers damages to the policyholder's vehicle. Premiums for motor insurance are based on a number of factors, including the type of vehicle, the driver's age and driving record, and the location where the vehicle is driven.

About Life Insurance

Life insurance (LIC) is a binding agreement between an insurance company and a policyholder that offers financial security to the policyholder's family. When the insurer agrees to pay a fixed sum after a predetermined amount of time or upon the death of an insured individual in exchange for a premium. The purpose of life insurance is to offer a financial benefit to the claimed person's dependents, protecting them from financial risks in the case of the insured person’s death. Main intension of life Insurance protects the future of your loved ones (mom, dad wife and children) by paying a lump sum amount.

About Payveda Life Insurance Service

In India there are lots of company are provide life insurance. That’s a very useful service for our life for our family. Payveda is a trusted life insurance service providing company which gives you Life insurance in lower cost according to other company. You do not need to go to the insurance centre and take long queues to get insurance, just you go our payveda merchant store and they will do all this work for you with in a minutes. Our merchant store is available in nearby your area. They do all your work fast and secure way. Payveda gives all the best deal in life insurance and gives high rate of commission to our retailers.


Benefits of Buying a Life Insurance with us

Financial Security: Life insurance is the best choice because they can provide financial security to your loves one. You can secure your family by choosing LIC, they can help your family after you absence.


  1. Future Help: Life insurance help to prevent you future help. Life insurance help your family after your absence in future. They can give some extra power to fight financial problems.


  1. Disciplined Investment: When there are so many financial obligations to take care of, saving money aside to invest in different financial instruments becomes challenging. Obtaining life insurance prices can assist you in spending your finances more wisely. With certain types of life insurance policies, you can profit from both life insurance and investments.


  1. Tax benefits: Life insurance plans provide a number of tax advantages to encourage better savings. The majority of the time, Section 10(10D) grants the maturity advantages a tax-free status.


  1. Retirement Preparation:  You can choose from a number of life insurance products as you make retirement arrangements. With these plans, you can decide between monthly income and lump sum payouts so that you can enjoy your retirement without worrying about money.

Why Payveda?

Real Time Settlement:

AEPS agents and Distributors get instant and real time settlement on every transaction.

Business Setup:

Ease of doing the AEPS business setup with us, we will help you every step of the way.

Service Workforce:

Trained and experienced service workforce to help your AEPS business flourish.


Save time by conducting transactions through Payveda Web Portal or Mobile Application.

Seamless Process:

Seamless process designed to reduce transaction time and effort using Payveda portal.

Zero Downtime:

Multiple banks integrated in the back end to ensure service is always up and running.

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Activation Process

Any new or existing business partner can do AEPS free portal registration with a simple documentation process. All you need to do is to submit your PAN Card and Aadhar Card and fill the Aadhar Enable Payment System / Aeps registration form. Earn a handsome income on every transaction!

Things required to start AEPS Business?

  • Smart Phone or Computer with an active internet connection
  • Biometric Device