Premium Payment Methods for Life Insurance

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Payment by Cheque and Cashier Order are accepted, and should be crossed and made payable to “China Taiping” or “CTPIS”.

Please indicate your name and 10-digit policy number at the back your payment and send it together with the Premium Notice to:

China Taiping Insurance (Singapore) Pte. Ltd.
Attention: Life Insurance Operations Dept – Customer Service
3 Anson Road
#16-00 Springleaf Tower
Singapore 079909

For Cashier Order, kindly submit a copy of the debit advice or application form.

Giro payments can be made for all Life Insurance policies, except for i-Save and Single Premium policies.

a. Apply online via DBS/POSB iBanking

To make payment for the renewal of the above mentioned life insurance policies in S$, you may set up a GIRO arrangement via DBS/POSB iBanking. The GIRO instruction will be activated within 5 working days.

  • Login to your DBS/POSB iBanking
  • Add a new GIRO arrangement
  • Select China Taiping (Life) as the billing organisation
  • Input your 10-digit policy number as the billing reference number

b. Apply via hardcopy Interbank GIRO Application Form

You may set up a GIRO arrangement to make payment for the renewal of the above mentioned life insurance policies in Singapore dollars by submitting a hardcopy form. Download and submit the Application for Interbank GIRO FORM from our Forms Library section. Applications using GIRO forms may take more than 3 weeks to process, including the Bank’s processing time. We will inform you once your GIRO application has been processed.

If you have Internet Banking services with DBS/POSB, you can make payment via Internet Banking Bill Payment Services. Please select “China Taiping” as payee and indicate your 10-digit policy number for payment reference.

For questions regarding your Internet Banking services, please contact your designated bank directly.

For premium payment to the respective China Taiping Insurance (Singapore) Pte. Ltd.’s bank accounts:

a. For S$ policy : i-Save only

Beneficiary bank name: DBS
Beneficiary bank code (Swift code): DBSSSGSGXXX
Beneficiary’s name:  China Taiping Insurance (Singapore) Pte. Ltd.
Beneficiary’s account number: 072-005297-8
Payment details: Please indicate your 10-digit policy number and Policyholder’s Name.

b. For S$ policy : All other Life Insurance policies except i-Save

Beneficiary bank name: DBS
Beneficiary bank code (Swift code): DBSSSGSGXXX
Beneficiary’s name:  China Taiping Insurance (Singapore) Pte. Ltd.
Beneficiary’s account number: 072-005299-4
Payment details: Please indicate your 10-digit policy number and Policyholder’s Name.

c. For US$ policy : Infinite Universal only

Beneficiary bank name: DBS
Beneficiary bank code (Swift code): DBSSSGSGXXX
Beneficiary’s name:  China Taiping Insurance (Singapore) Pte. Ltd.
Beneficiary’s account number: 0072001709011
Payment details: Please indicate your 10-digit policy number and Policyholder’s Name.

d. For US$ policy : Infinite Elite Harvest (USD) & Infinite Elite Legacy (USD)

Beneficiary bank name: DBS
Beneficiary bank code (Swift code): DBSSSGSGXXX
Beneficiary’s name:  China Taiping Insurance (Singapore) Pte. Ltd.
Beneficiary’s account number: 0072002003010
Payment details: Please indicate your 10-digit policy number and Policyholder’s Name.

a. For S$ policy : i-Save only

PayNow UEN: 200208384ENPA

b. For S$ policy : All other Life Insurance policies except i-Save

PayNow UEN: 200208384EPAR

Steps for PayNow via UEN:

  • Login to your Personal Internet Banking
  • Choose PayNow UEN (Unique Entity Number)
  • Key in PayNow UEN (as indicated above)
  • Entity Name – China Taiping will be reflected
  • Proceed to activate transfer of payment
  • Indicate the premium amount
  • Indicate your 10-digit policy number and Policyholder’s Name under Bill Reference
  • Proceed to confirm the payment via PayNow UEN

For questions regarding your Internet Banking services, please contact your designated bank directly.