Personal Finance Insurers allow customers to pay health insurance premiums in installments Updated : August 19, 2020 03:17 PM IST In line with Insurance Regulatory and Development Authority of India’s order, several insurance companies have extended the premium payment option for customers. The insurance regulator has earlier asked all general and standalone health insurers to give policyholders the option to pay health insurance premiums in installments. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.