Move your insurance policy details to the virtual world for real benefits

Oct 14 2013, 08:26 IST
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The recent guidelines allowing customers to hold their insurance policy in electronic form across insurance categories. The recent guidelines allowing customers to hold their insurance policy in electronic form across insurance categories.
SummaryAs policy holder, one can purchase and keep all policies in eIA with any one of Insurance Repositories.

held in eIA

With an eIA account, a change of address request made to the Insurance Repository will now make it possible to update all policies of the customer even if those are issued by multiple insurers

Policy benefits would be paid to the beneficiary through electronic facility to the registered bank account. For example, No Claim Bonus amount will be automatically credited to customer’s account

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