We live in a digital age where almost everything in our lives, whether big or small, can be bought and consumed with just a few clicks. This also includes health insurance. That's right!
But what is an eIA in insurance? Here is a quick rundown on everything you need to know about an e-Insurance Account.
Today, you can insure just about anything. From health to homes and belongings, financial preparation for any unforeseen circumstances is a basic necessity. However, all that paperwork can be overwhelming. This is where an Electronic Insurance Account comes in.
Imagine a one-stop destination where all your insurance policies are kept safe and secure, accessible by you at any time, anywhere. That's exactly what an e-Insurance Account is. It houses multiple insurance policies within a single digital account under an authorized Insurance Repository (IR).
What is an eIA number?
With every eIA account, the holder receives a unique e-Insurance Account number which they can use for all correspondence, including using it in proposal forms for generating new policies.
What are the key features of an eIA?
1. An Electronic Insurance Account can be owned only by one individual at a time.
2. Multiple insurance policies can be kept safe in an eIA Account, including life, pension, general, or health insurance plans.
3. All correspondence for the e-Insurance account will go through a unique e-Insurance Account Number. Electronic formats for insurance policies can be generated by simply using this eIA Account Number in the proposal form.
4. You do not need to fill out the KYC form and submit documents multiple times, as your insurance repository already verified them at the start.
5. Log-in credentials for the e-Insurance Account are provided for easy, convenient access by the account holder, who can use them to track all insurance plans at any time.
With these key features, you are empowered to swiftly handle the in-depth navigation of your health insurance plans, among many others that you may have. It's almost similar to our FG DIY Health Insurance plan, which allows you to take control and customize health insurance according to your specific needs.
Important benefits of e-Insurance Account that you need to know
We have listed a few important benefits for you to keep in mind. Enjoying these vital advantages will enable you to make informed decisions while ensuring that you have the necessary knowledge of EIA accounts.
Safe & Secure |
A key feature of having an eIA Account is security against loss or theft of policies. Having all your insurance policies tucked inside a secure online platform is imperative. |
Only one-time KYC submission |
With an eIA account, you only have to submit your KYC documents once, at the beginning, thanks to a unique e-Insurance Account number provided to you. All you have to do is mention this eIA number and you're good to go. |
Convenience at your fingertips |
Your eIA account enables you to purchase various insurance plans, whether health insurance or others, from multiple insurers. |
Quick premium payments |
Due to its complete digital presence, you can pay your premiums online without the hassles of cash or cheque payments. |
Easy tracking of policies |
Accessible to you anytime, anywhere, your Electronic Insurance Account allows you to track your policies on the go. For example, you can explore our FG Health Absolute plan, which offers insurance for the physical and mental well-being of up to 15 members of your family and track it easily on your eAI account. |
Here are the KYC documents you'll need to open an e-Insurance Account
1. Passport-size photo
2. A cancelled cheque
3. Any one of these documents:
Aadhaar, PAN or Voter ID Card, Driving License, or Domicile Certificate.
Once you have all the required documents, you can simply follow these steps:
1. Choose your preferred Insurance Repository (IR) and download their e-Insurance Account opening form.
2. Fill in the details and attach your self-attested KYC documents.
3. Submit them online.
Now that you know what an Electronic Insurance Account is, the hassles and complexities of insurance take a back seat. This new-age tool is the perfect solution to help navigate through insurance, an essential financial investment, systematically and conveniently. If you need a premium health insurance plan, you can explore our FG Health Elite policy to enjoy access to premium healthcare services that are absent from standard plans.
e-Insurance Accounts are relatively new, and a lot of people might not know what they are or why they have become so popular in recent times. In this quick rundown, we explain its key features and benefits, helping you understand how it helps you organize, navigate, and track multiple insurance policies from multiple insurers, all inside one digital platform. Read on to know how you can benefit from this practical tool.
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