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4.7%First documentKYC in Life Insurance: Meaning, Documents Required & ImportanceOpen original ↗
Second documentElectronic Insurance (e-Insurance) Account | Canara HSBC Life InsuranceOpen original ↗
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What is EIA (e-Insurance Account)?
Electronic Insurance Account or EIA is the digital account of the policyholders that gives them access to their life insurance portfolio with a click of a mouse.
FAQ on e-Insurance
eIA stands for e-Insurance Account or 'electronic Insurance Account', which safeguards the insurance policy documents of policyholders in electronic format. This e-Insurance Account will facilitate the policyholder by providing access to the insurance portfolio at a click of a button through the internet. IRDAI has granted the Certificate of Registration to the following entities to act as 'Insurance repositories' that are authorised to open e-Insurance Accounts.
Documents for Opening EIA
In case you have already opened an e-Insurance Account, and you want to buy a new insurance policy in electronic form, all you need to do is mention your unique EIA number in your insurance proposal form. Your new insurance policies will be issued in electronic format.
FAQ on e-Insurance
Once you have opened an e-Insurance Account, to buy a new policy in electronic form, you just need to quote your unique e-Insurance Account number in your new insurance proposal form and electronic policies would be issued.
What is EIA (e-Insurance Account)?
Every EIA has a unique EIA Account number, and every account holder is given a unique Login ID and Password. With these login credentials, they can access his policies online.
FAQ on e-Insurance
Customers can choose to open an eIA account with any one of the Insurance Repository The choice of Repository is left to customer. Each eIA will have a unique Account number and each account holder will be granted a unique Login ID and Password to access the electronic policies online.
Glossary
EIA (Electronic Insurance Account): A digital account for policyholders to manage multiple insurance policies online. UIDAI: The Unique Identification Authority of India, which issues Aadhaar numbers and authenticates eKYC requests.
FAQ on e-Insurance
eIA stands for e-Insurance Account or 'electronic Insurance Account', which safeguards the insurance policy documents of policyholders in electronic format. This e-Insurance Account will facilitate the policyholder by providing access to the insurance portfolio at a click of a button through the internet. IRDAI has granted the Certificate of Registration to the following entities to act as 'Insurance repositories' that are authorised to open e-Insurance Accounts.