Organisation : Exide Life Insurance Company Limited
Service Name : e-Insurance Account
Applicable States/UTs : All Over India
Website : https://www.exidelife.in/insurance-repository
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An e-Insurance Account (eIA) enables policy holders to buy and keep insurance policies in an electronic form called ‘Electronic Policies’ or ‘E-policies’. Both existing and new policies can be converted in to e-policies. This is facilitated through authorized Insurance Repositories who provide the service for free.
Related / Similar Facility : Motilal Oswal Account Statement
The Insurance Regulatory and Development Authority (IRDA) has issued licenses to 4 entities to act as Insurance Repositories. Policy holders can open their e-Insurance Accounts with any of the below service providers.
** Safe – no risk of losing policy documents
** Convenient – details of all policies available in one place
** Simple – verification and updation of personal details through a single request
** Accessible – all policy servicing requests can be routed through a single point of contact
How To Open e-Insurance Account?
** Download the application form.
** You can also collect the same from your nearest Exide Life Insurance Branch Office
** Submit completed form along with a copy of PAN or Aadhar card, proof of address, date of birth, and a passport size photograph at your nearest Exide Life Insurance Branch office
** Mobile number and Email Id is mandatory
** Bank account details to be updated and supporting documents to be submitted
** Authorized representative details wherever applicable in the form is mandatory
Download Form Here : https://www.exidelife.in/
Things You Must Know:
** Policy holders can only hold only one e-Insurance Account with any one of the authorized Insurance Repositories
** All charges of displaying the policy document and requisite annual charges will be borne by Exide Life Insurance
** The e-insurance account will be opened within 7 business days from the date of receipt of the application form
** At any given point of time the policyholder has an option to make a request to his insurer for opting out of the Insurance repository system by providing a written request to the insurer
About Exide Life:
Exide Life Insurance Company Limited, an established and profitable life insurance company, commenced operations in 2001-02 and is head quartered in Bengaluru. The company is 100% owned by Exide Industries Limited. The company serves over 15 lakh customers and manages assets of over INR 15,000 Crores.
During the financial year 2018-19, the company achieved Total Premium Income of over INR 2,800 crores. Exide Life Insurance distributes its products through multi-channels viz. Agency, Banc assurance, Corporate Agency & Broking, Direct Channel and Online. The Agency channel comprises of 45,000+ advisors who are attached to over 200 company offices across the country. The company also offers group life insurance solutions.
Exide Life Insurance Company Limited.
IRDAI Registration Number: 114,
Registered Office: 3rd Floor, JP Techno Park, No. 3/1,
Millers Road, Bangalore- 560 001, India.