No. IRDA stipulates that an individual can have only ONE e Insurance Account across
Repositories, irrespective of the number of policies owned by a policy holder –
thus, if a person has an eIA with KINREP, he CAN NOT open another eIA either with
KINREP or with any other Insurance Repository. All Repositories have systems in
place to check this before opening an eIA – any application for a second or multiple
eIA will be rejected by the Insurance Repository. All the electronic policies owned
by a policy holder can be credited or held under this single eIA.