How can I pay for my insurance?

123.ie makes it easy to pay your premium in a way that suits you. You can choose to pay in full or in instalments.

Paying in Full

You can pay your full premium upfront with a debit or credit card:

• Online - Log in to My123 and make a secure payment.

• Over the phone - Get in contact with our team and we’ll process your payment.

Setting Up a Direct Debit

If you’d rather spread the cost, you can set up a direct debit:

• Deposit payment - A deposit is required, payable by debit or credit card. Bank drafts, cheques, or postal orders are not accepted for deposits.

• Instalments - The remaining balance is divided into nine (9) monthly payments, automatically deducted from your bank account.

• Service charge - A service charge applies to direct debit payments.

• Bank details needed - You’ll need to provide your bank account number and sort code, or your IBAN and BIC.

You can manage your direct debit details, make arrears payments, update your bank details, or change your payment date through your My123 account.

For Travel Insurance Customers

If you have a travel insurance policy, you can pay:

• Online - Log in to your My123 account and pay securely.

• Over the phone - Call us to make a payment.

Direct debit, bank drafts, cheques, and postal orders are not accepted for travel insurance payments​.

Get in Touch

At 123.ie, we make managing your insurance payments simple. Whether you prefer to pay in full or spread the cost, we’re here to help. Need assistance? Contact us or review your policy documents for full details.