What happens if I pay more than I owe?
This is determined by your type of policy. With universal life insurance policies, extra premium may be applied to the cash value as long as the policy permits the additional funds or applied to any outstanding loan balance. For whole life insurance, any overpayment would be applied to any outstanding loan balance or refunded depending on the amount. Overpayments for term and disability income insurance would most likely be automatically refunded depending on the amount. Should you pay more than you owe, you may contact Cincinnati Life, 877-564-0214 or lifepremiumacct@cinfin.com to confirm the outcome.
How can I begin paying my premiums automatically from my checking or savings account every month?
To enroll, print and complete the
Pre-Authorized Withdrawal Agreement.
Fax the completed form along with a voided or photocopied check (checking account) or deposit slip (savings account) to 513-870-2095,
email to lifepremiumacct@cinfin.com or mail to:
The Cincinnati Life Insurance Company
Attn: Life Premium Accounting
P.O. Box 145496
Cincinnati, OH 45250-5496
How do I pay my premium online?
You can make a payment by selecting the Pay Now feature. Pay Now does not store your information and does not allow you to set up recurring payments; you must re-enter your information each time you make a payment using this method.
What payment options are available to pay my bill online?
Payment options include major credit cards (Visa®, MasterCard®, Discover® or American Express®), debit cards, PayPal™, PayPal Credit, Venmo™, Apple Pay®, Google Pay™, checking or savings accounts. Where permitted, payments made by credit card may be subject to a processing fee of up to 3%. This fee is charged by our third-party payment processor and is nonrefundable. To avoid this fee, please consider using an alternative payment method.
Who can I contact if the amount due shown on my account is incorrect?
Life insurance policyholders may call 800-783-4479.
How can I change my billing date?
Billing dates for life insurance cannot be changed. You can change your payment method or frequency of payment by contacting Cincinnati Life, 877-564-0214 or lifepremiumacct@cinfin.com.
How can I change my billing address?
Please contact Cincinnati Life at 877-564-0214 or lifepremiumacct@cinfin.com to request changes to your billing address.
Can I make payments on canceled policies?