E-insurance account assistance
What is an e-Insurance Account (eIA)?
It is an electronic account opened by a person with an insurance repository wherein the portfolios of insurance policies of a policyholder are held in an electronic form.
Features of an E-insurance Account :
An E-Insurance account entails the following key features:
Hassle-free management
With the help of the E-Insurance account, you can access and manage all your policies in one place via a Unique Login ID and Password that is accorded to each account holder.
One-time KYC
On the opening of an E-insurance Account, you are no longer required to submit KYC details again at the time of buying a new policy. Simply mention your EIA number and secure a new policy with ease.
One comprehensive account
Policyholders can store electronic insurance policies (including life, pension, and health insurance policies) of multiple insurers in the same account. There is no need to open a separate account for different policy providers.
Benefits of an eIA
Protection from theft or damage
Since the policies are stored electronically in the E-Insurance Account, users are protected from theft or damage of policy papers.
Ease of tracking
The Unique EIA number and credentials make it easy to track the policy online and pay premiums on time without delay.
Convenience :
All policy details are available in one place.
Single point of service:
Changes in contact details get auto-updated in all your policies
How to open an eIA?
Insurance Regulatory and Development Authority of India (IRDAI) has granted the Certificate of Registration to the following four entities to act as ‘Insurance Repositories’ that are authorized to open eIA. You can open an e-insurance account with any of the following IRDAI registered Insurance Repositories.
The below list is subject to change from time to time
Step 1
Download eIA opening form of your preferred Insurance Repository from below links:
Name of the Insurance Repository Website Link
NSDL National Insurance Repository (NIR) www.nir.ndml.in
CDSL Insurance Repository Limited www.cirl.co.in
Karvy Insurance Repository Limited www.kinrep.com
CAMS Insurance Repository Services Limited www.camsrepository.com
Step 2
Fill the form and attach self-attested copy of below mention required documents:
Proof of Identity such as PAN card, Voter ID, or Aadhaar card
Proof of address such as Driving License, Ration card, or Aadhaar card
Proof of date of Birth.
Cancelled cheque.
Step 3
Submit e-Insurance Account Opening Form along with the KYC documents to the nearest office of Insurance Repository or Insurance company or authorized Approved Person (AP) appointed by Insurance Repository.
Step 4
Once an e-Insurance account is created, you will receive a welcome kit. A pin mailer shall be sent separately. Using the login credentials and PIN, you can access and start using your e-Insurance account.
Note: – We have created this page to provide assistance and information to our valuable customers/visitors regarding e-insurance accounts. For any assistance in opening an eIA account, please speak to your FIBPL service provider or contact ______________
We are committed to providing you with the best possible service and will make every effort to address your concerns in a timely and helpful manner.
FAQs
1.What are the charges to open an E-Insurance Account?
There are no charges to open an E-Insurance Account for the customer. It is available free of cost to the applicants.
2.Can an Individual open more than one E-Insurance Account?
An Individual cannot open more than one E-Insurance Account as per the IRDAI guidelines.
3.Which are the Insurance Policies that can be maintained using the E-Insurance Account.
Currently, all Life Insurance, Health Insurance, General Insurance, and Annuity Policies issued by duly registered insurance providers can be maintained online using an E-Insurance Account.
