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Now, go paperless with insurance policies too
Sakina Babwani & Preeti Kulkarni, ET Bureau Sep 24, 2013, 10.25AM IST
MUMBAI: You already have your investments in stocks, bonds, mutual funds in paperless form. Now, it's the turn of insurance policies to go paperless. Last week, the Insurance Regulatory and Development Authority (IRDA) finally launched the Insurance Repository System, which will allow you to hold your insurance policies in paperless form. That too, at no extra cost.
Dematerialising your policy is simply an option given to policyholders and is not mandatory. Also, if required in future, you can get the electronic version converted back into the physical form by approaching your insurer for re-matting.
Read more from here:Now, go paperless with insurance policies too - Economic Times
Sakina Babwani & Preeti Kulkarni, ET Bureau Sep 24, 2013, 10.25AM IST
MUMBAI: You already have your investments in stocks, bonds, mutual funds in paperless form. Now, it's the turn of insurance policies to go paperless. Last week, the Insurance Regulatory and Development Authority (IRDA) finally launched the Insurance Repository System, which will allow you to hold your insurance policies in paperless form. That too, at no extra cost.
Dematerialising your policy is simply an option given to policyholders and is not mandatory. Also, if required in future, you can get the electronic version converted back into the physical form by approaching your insurer for re-matting.
Read more from here:Now, go paperless with insurance policies too - Economic Times
