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Supreme Court Monthly Digest April 2024

Supreme Court Monthly Digest April 2024
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The eIA advantage: How policyholders can benefit from electronic insurance accounts

With digital insurance, there is a reduced risk of misplacing physical documents or missing renewals. Family members can get access to benefits in the absence of policyholder since e-insurance account is a common online repository of policies across insurers.

Digital Policies Become Mandatory For All Insurance Holders: How To Convert? - Trak in - Indian Business of Tech, Mobile & Startups

Digital Policies Become Mandatory For All Insurance Holders: How To Convert? - Trak in - Indian Business of Tech, Mobile & Startups
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New insurance rule: What is e-Insurance? Benefits of e-Insurance Account for policyholders | Business

Financial Literacy News: Starting April 1, 2024, you must keep your insurance policies in electronic format, similar to the way investors store shares in a demat account. The Insurance Regulatory and Development Authority of India (IRDAI), in its "Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers Regulations, 2024," has mandated that every insurer must have a board-approved policy for issuing insurance policies in electronic form, as stated in its notification.

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