5 COMMENTS

  1. HI sir

    As per the above table , Individual Health policy will only be issued . how about family Floater policy ?
    can we make our Family Floater Health insurance policy under EIA
    ?

    • It’s not about buying an individual or floater plan. Its about transferring your policies in EIA account. You can have any policy in your name.

  2. Hello Sir,
    i have just opened my einsurance account in karvy. and requested to convert my policy in demat form. But how will i come to know whether they have converted my Policies into demat form or not?

    • There are various advantages of e-insurance. The first and foremost benefit are the safe custody of your insurance policies, you need not to worry about maintaining and preserving of the Insurance documents from fire, theft, natural calamities like floods and other ways of destruction or losing of the documents.

      It would also provide you unified portfolio view of all insurance policies and would make you free from repeat KYCs at the time of buying new policy. You can also deal with the insurance repository regarding any policy specific requests, rather than visiting or communicating separately with different insurance houses.

      The only disadvantage is that the feel of owning a policy in paper form would be missing, everything would be online, so, you would have to remember the e-insurance credentials every time, which is although manageable if you are tech savvy.

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