How to Open Insurance Account Online free

is the acronym for e-Insurance Account or “Electronic Insurance Account” which is to safeguard the insurance policy documents of policyholders in electronic format. The e-Insurance account facilitates you as a policyholder in holding your insurance policies in electronic form & providing access to your insurance portfolio at a click of a button. It is similar to the demat account, the different being, Demat account is to hold shares where as e-Insurance is to hold Insurance policies. Each e-Insurance Account carries a unique Account number and each account holder is granted a unique Login ID and Password to access the electronic policies online.

Relatively is a new thing in the market and hence people are generally not much aware about it. But the advantages of it are very wide.

Convenient Policy Servicing

• Expertise of  (Insurance Broker) to advise on your insurance portfolio
• Contact details updation in all policies in single request
• Premium alerts & payment reminders for all policies
• Register or modify bank account details for premium payment and payouts Less paper work

Ease of Investment

• One time KYC (Know Your Customer)
• Storage of policy in electronic format
• No fear of damage or loss of policy certificates
• All insurance policies under one umbrella
• Consolidated insurance statement for all policies on an annual basis.

Anyone whether you are already having insurance polices or not, you can open.

To open an online insurance account, all you have to do is register with any advanced insurance company online or visit there office for procedure.