e-IA stands for Electronic insurance account or e-insurance account. It is a repository where you can manage all your health insurance policies, life insurance policies, and other insurance policies in one place.
The e-insurance account offers a simple but effective way to keep track of your insurance policies. The Insurance Regulatory and Development Authority of India (IRDAI) introduced this feature to help policyholders to access policies in a digital format, which they can access at any time and from any location.
Policyholders can store all of their insurance policies in this single account and access them whenever they need them. Each e-Insurance Account will have a unique Account number, as well as a unique Login ID and Password to access the electronic policies online.
Let's take a look at this article and talk about how to get an e-insurance account. We'll also look into the features and benefits of electronic insurance accounts.
You can open an e-insurance account with any of the following insurance repositories approved by IRDA or through your insurance company.
Below mentioned are the easy steps to open an e-insurance:
Step 1: Select your preferred Insurance Repository company.
Step 2: Download and fill the e-Insurance account opening form.
Step 3: Attach self-attested KYC documents, i.e. copies of identity proof, date of birth proof, and address proof.
Step 4: Provide personal details, bank details and a canceled cheque, and contact details.
Step 5: A recent passport size photograph.
Step 6: Submit the form to your insurance company.
Note: You don’t need to submit the KYC documents when the account is opening through the health insurance company. The insurer will send your KYC details to the repository.
Below-mentioned are the documents that are required to submit to open an e-insurance account:
Note: You don’t have to pay any charges to open an e-insurance account.Only the authorized person can access the e-insurance account to know the portfolio of insurance policies.
An Authorized representative is a person who can access the e-insurance account in case of the account holder's death or incapability to do so. So, it is mandatory for the policyholder to mention the contact details of the authorized person.
Below-mentioned are some of the features of an electronic insurance account:
Note: Mention your unique e-insurance account number in your proposal form and request the insurance provider to issue the policy in an electronic format.
There are many benefits of an e-insurance account. Especially, when you have different types of insurance policies from different insurers. Continue reading to explore the benefits of e-Insurance Account:
Insurance plans are always crucial and need to be protected carefully. While anything unfortunate can happen to the physical copies, it is always good to have e-insurance accounts to have your policies documents safe, easily accessible and shared with closed kins for their use in your absence. Thus in the era of digitisation, this is another digital revolution to be adopted by insurance policyholders. Now, you are aware of the benefits and features of e-insurance accounts. Remember, many people are taking advantage of e-insurance accounts and now it’s up to you to go for it or not.
Written By : Naval Goel
Last Updated : March, 2022
Non-Medical Expenses in Health Insurance
April, 2022
Having a Good Health Insurance Advisor
April, 2022
Health insurance is a must in traveling itinerary
April, 2022
Health Insurance Riders and their relevance
April, 2022
Difference Between Insurance and Assurance
April, 2022
Copay in Health Insurance
March, 2022
Personal Accident Insurance
March, 2022
100% Claim
Assistance
200000+
Customers
Lowest Price
Guarantee
Neutral
Advice
*Terms and Conditions May Apply
(Showing latest 5 reviews only)
March 25, 2022
jasvinder singh
DelhiMarch 14, 2022
samarth wadhwa
GuwahatiStar is one of the topmost insurance companies and they prove it with their services and plans. They have plans for each family member of mine starting from my parents to my own family and even for my extended family.
March 14, 2022
nimrat sondhi
Ludhianamy father is a single parent. The way he has taken care of me during my childhood, I wanted to support him after my marriage so that he is never alone, especially during medical emergencies. I trust this company completely as they have taken care of my father s medical bills so i recommend them
March 14, 2022
kuljeet singh
Chandigarhvery good company with good plans. They always reply to my and my wife queries related to our old diseases and new doctor consultations. they OPD plan is very helpful.
March 14, 2022
simaranjeet kaur
JalandharMy father in law lives alone in jalandhar and we wanted an insurance company that take cares of him in our absence. They are very good with their commitment and service.
Request A Callback
very nice service by policyx.com and as well from manipal cigna during the claim period. easy claim settelment.