Soon, you may have to compulsorily hold your insurance policies in electronic form just as you hold shares in a demat account. The Insurance Regulatory and Development Authority of India (IRDAI) is ...

From April 1, 2024, insurers must issue digital policies under IRDAI's new rule. Benefits include convenient policy management. Physical copies are available upon request. No guidelines for converting ...

The insurance company will pay for all the costs associated with the conversion of all paper-based policies in the online form and policyholders will not have to pay any fees for the e-insurance ...

Why is there so much excitement among insurance companies these days? Well, it is because the insurance regulator IRDAI is now giving a big push to “dematerialisation” of policies. As part of this ...