eIA stands for 'Electronic Insurance Account'. Electronic Insurance Account (eIA) helps you convert your policies into electronic format, helps you manage and protect them. All that you need to do is open an eIA account for free.
Features of an e-Insurance Account
All your policies are stored in electronic format. You do not have to worry about losing them
Manage all your policies from a single eIA accoun
KYC documents are not required to purchase a new policy once you have opened an eIA account with KYC documents
You can change your contact details across all insurers from your account.
The insurance regulator (IRDAI) has authorised four entities with 'Certificate of Registration' to act as "Insurance Repositories" to can help you open an eIA account.