Insurance like life, health and other general insurance policies must be issued in digital online form (E-Insurance Account) starting April 1, 2024.
Benefits:
• Free Account
• No Physical documents
• Manage all policies under a single account
• Single request updation of details in all policies
• Regular Premium alerts & payment for all insurers
• One time KYC
HOW TO OPEN AN eIA:
Step1:
Download the eIA opening form of any of the 4 preferred insurance repository:
1. NSDL Database Management Limited:https://nir.ndml.in/pdf/ndml-form-opt1.pdf
2. Central Insurance Repository: https://epic.cirl.co.in/cdslir/eiaaccountdirect.do
3. Karvy Insurance Repository Limited: https://www.kinrep.com/images/eIA_AP_ST.pdf
4. CAMS Repository Services Limited: https://www.camsrepository.com/CR_Registration.aspx
Step 2:
Fill out and submit the e-Insurance Account Opening Form with the KYC documents to the nearest approved person at https://nir.ndml.in/ap-details.htm.
Alternatively, you may submit the form along with supporting documents to the branch of the insurance company for which you hold an insurance policy.
Step 3:
On verification, the account will be created within 7 days of applying and completed in all respects and you will get a e-Insurance Account number and login ID to set your password.
The same process can also be done online by visiting the website of the any of the above 4 insurance repository.
DOCUMENTS REQUIRED:
• Recent photograph
• PAN card
• Date of birth document
• Identity proof
• Address proof
HOW TO CONVERT AN EXISTING POLICY TO AN E-INSURANCE ACCOUNT?
Fill out the Policy Conversion Form at https://nir.ndml.in/nir-prossess.htm and Submit the Policy Conversion Form along with the e-Insurance Account Opening Form
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