E-Insurance Account (eIA) is absolutely free and the service comes at no additional cost. An eIA can be opened with in minutes on real time basis by submitting KYC documents
Having an online insurance policy has its own perks. It safeguards insurance policy from theft and loss as the policies are stored in a secured digital platform.
Since it is in an electronic form, eIA holder can access his insurance policy anywhere, anytime as it is just a click away without being hassled to look for physical policy document.
Easy updation of any detail changes like change of address or nominee change etc. for all policies, even convert older insurance policies into e-polices and store them in e-insurance account with ease.
Single consolidated view online of all insurance policies (Life / Health / General) using multiple devices through login ID and Password based access.
Make payment for insurance premium Online with the help of eIA account. eIA holder need not have to wait and waste your time in the long queues to pay the premium of your insurance through cash or cheques.
Policy holder can view their insurance policies as a part of Consolidated Account Statement (CAS) being sent by NSDL where the customer has Demat account with NSDL. NIR also sends the annual statement of accounts for all the policies held in e-IA