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Tag Archives: insurance dematerialization

Soon you can hold your insurance policies in electronic form


The recent guidelines issued by IRDA would now enable you to hold your insurance policies in electronic form. The benefits of doing so need not be explained- transparency, lower transaction costs, ease of operation – transactions like switching and other changes can now happen at a click of a button.  Most importantly, it will do away with the job of carefully and painstakingly maintain and preserve a physical folder with all the original insurance policy documents, for years together.

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