Sunday 5 September 2021

e-insurance Account (eIA)? - Objectives of E-Insurance Account - Benefits of e-Insurance Account to policyholders

What is an e-insurance Account (eIA)?

EIA stands for E-Insurance Account or Electronic Insurance Account. This e-Insurance account gives policyholders access to their life insurance portfolio in a few clicks.


Single Access for all your policies

  • Raise query
  • Perform fund switch and premium re-direction
  • Pay premium online

 

Update NEFT details

  •  Update profile details - address, contact details, PAN, Aadhar, etc.


Generate premium/ certificates/ e-receipts online

  • Set premium due and fund value alert
  • update nominee details. 



The main objectives of Insurance Repository are :

  • To provide Insurance policyholders a facility to keep insurance policies in electronic form (dematerialized form ).
  • To provide policyholders a facility for changing, modifying, and revising the insurance policies online.
  • To act as a single stop for policy servicing needs
  • To bring about efficiency and transparency in the issuance and maintenance of insurance policies.

Why E-Insurance Account?

It offers extreme convenience for policy maintenance.

Sage and secure - since it is an electronic form, it safeguards your policy from theft or loss due to burglary or fire. 

It saves Environment and promotes green computing

One-time KYC submission. All you need to do is to mention your online insurance account number every time you buy a fresh insurance policy.

Easy tracking of your policy. The insurance repository sends the insured a yearly statement of his account with all the insurance policies held by the insured making it easy to track all your policies.

Ease of access of policy andy time anywhere without having to worry about locating the policy documents.

E-Insurance is absolutely free for the policyholder and the service comes at no additional cost.

Eas of changing personal details like the change of address etc. for all policies at one go sitting at home. 


Important links



For more info, write to :

NSDL Database Management Limited,
4th Floor, 'A' Wing,
Trade World, Kamala Mills Compound, 
Senapati Bapat Marg, Lower Parel,
Mumbai - 400 013 (INDIA)
Phone : 91-22-49142631 / 49142502

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