What are the benefits in converting an existing paper policy into electronic mode?
There are multiple key benefits in converting your existing paper insurance policies
into electronic form and hold them all under a single eInsurance Account (eIA).
These benefits include:
If you don’t have an eIA, you can submit an eIA opening form with the necessary
supporting documents along with the request for converting paper policy to electronic
There is no risk of loss or damage of a policy as may happen with
paper policies; the electronic form ensures that the policies are in safe custody
and can be easily accessed when needed.
All details of all your
insurance policies are available in a single account (place). The details of any
of the policies can be accessed at any time by logging on to the online portal of
Karvy Insurance Repository (www.kinrep.com). Premium for all the policies can be
paid online and many service requests or complaints can be logged at this website.
Single Point of Service: All service requests in respect of all the electronic
policies held under the eIA can be submitted at any of the Karvy Insurance Repository’s
service points – there is no need to go to the offices of individual insurance companies