Monitor Your Policy…With
Benefits of E Insurance Account
risk of Loss/ Damage of Policy Document due to any natural disaster or
Free of Cost:
There will be no additional changes for opening a electronic Insurance
details of any of the policies held with any insurance company can be
accessed at any time by logging on to the online portal of insurance
Single point of Service:
A single change of address request made to the Insurance Repository
can update the policies issued by multiple insurers. There would be no
need to go to several offices of individual insurers for service.
Less Paper Work and Savings in Time:
An E-insurance account holder is freed from the trouble of submitting
KYC details each time a new policy is taken. Further, any changes in
personal details like address or contact number can be effected
through a single request thus saving on paper and time.
Statement of Account:
At least once every year, the insurance repository would send a
statement of account to the E-Insurance account holder with the
details of the policies held across all insurance companies of the
Premium for all the policies can be paid online and several service
requests can be logged from the E-insurance account.
Increased Number of Service Touch Points:
Since, the insurance repositories function in addition to the
insurers, the policy holders will have increased number of touch
points for having their servicing needs attended.
Easy Payout Transfers:
Policy benefits would be paid through electronic facility to the
registered bank account, thus ensuring speedier and convenient
Single view of all policies will be made available to an authorised
person in case of death of the E-Insurance account holder.