Sneha enterprises

06/11/2014

D Proof:

• AADHAR CARD or
• PAN Card

Address Proof:

A copy of any one of the following documents should be submitted as proof of address; the original of the relevant address proof should be produced for verification by the Insurance Repository:

I. Ration Card
II. Passport
III. Aadhar letter
IV. Voter ID card
V. Driving license
VI. Bank Passbook (not more than 6 months old)
VII. Verified copies of

..

18/10/2014

GOING ELECTRONIC

The service is free for now. However, Ravichandran president, Insurance, TATA AIG General Insurance says it may become a paid one in the future.

15/10/2014

The second phase will run for three years up to August 15, 2018. It will focus on micro insurance and pension schemes like 'Swavlamban' for the unorganised sector. In this phase, the government will also set up a credit guarantee fund to cover defaults on the Rs 5,000 overdraft facility that will be available to the lady of the house.

In the UPA government’s financial inclusion module, the banking correspondent was mobile and covered only the big villages.

14/10/2014

The main features of the PMJDY scheme include Rs 5,000 overdraft facility for Aadhar-linked accounts, RuPay Debit Card with in-built Rs 1 lakh accident insurance cover.

NEW DELHI: Finance Ministry today said 5.52 crore bank accounts have been opened till October 7 and deposit of Rs 4,268 crore have been mobilised under Pradhan Mantri Jan Dhan Yojana (PMJDY). "As...

14/10/2014

The IRDA said within seven days of submitting an application, a customer would get an e-insurance account.

11/10/2014

We are planning to roll out health and motor insurance on IRS by the end of this calender year. We expect these two general insurance segments to be the main volume driver for the Insurance Repositories," Karvy Insurance Repository Executive

Health and motor insurance, which are likely to be introduced on Insurance Repository System by December, will drive the conversion of policies.

09/10/2014

At present, the Insurance Repositories (IRs) only convert life insurance into e-insurance.

"We are going to complete one year in September and with low awareness the growth is slower and mostly concentrated in the urban areas. However, we expect the growth pace to increase after the regulator makes e-insurance mandatory. We expect the decision in another one year," Verma said.
After the motor and health insurance segment is launched on IRS, it will spread equally to the rural parts of the country as well, he added.

He further said after launching the motor and health insurance segment on the digital platform, the industry will work towards introducing micro insurance on IRS.

Insurance Repository System may launch health, motor insurance by December - Health and motor insurance, which are likely to be introduced on Insurance Repository System (IRS) by December, will drive the conversion of policies into electronic mode faster, a senior executive of Karvy Insurance Reposi…

01/10/2014

WHAT IS INSURANCE REPOSITORY ?

1. IT IS FREE
2. IT ENHANCES PROTECTION
3. IT GIVES EXTREME CONVENIENCE
DURING POLICY PURCHASES
4. IT REMINDS YOU ON ALL IMPORTANT
DATES OF INSURANCE POLICIES
5. IT ENABLES UNIFIED PORTFOLIO VIEWS
6. IT OFFERS EXTREME CONVENIENCE
FOR POLICY MAINTENANCE
7. IT ALLOWS YOU TO APPOINT A
CARE TAKER FOR YOUR POLICIES
8. IT SAVES ENVIRONMENT AND
PROMOTES GREEN COMPUTING
9. IT IS AVAILABLE ON ALL YOUR
FAVOURITE DEVICES

Insurance Repository captures KYC data, converts the policies into electronic mode, protects them and takes care of your ongoing servicing needs of policy holders. All you need to do is to open one e-Insurance Account and tag all your insurance policies to this account.

e-Insurance account is free, simple to open and operate, highly secure and always available online. It saves you from the hassles of filling multiple KYC forms when you apply for policies across life, non-life, health and pension products.

You can also appoint Authorized representatives (like Power of Attorney Holders) in case they don’t want to disclose the policy details to their nominees.

Karvy Insurance Repository offers you an irresistible 9 in 1 combo of protection blended with perfection.

In the good old days, head of the family took one small life insurance policy cover and rest of the family lived with a great sense of safety. Changing economic and life style conditions are forcing us to take multiple insurance policies spanning across life, motor, property, health, pension and so on. It has now become a bare necessity to have at least 4 policies on an average. While some of these policies are long-term contracts and need to be preserved, others need to be tracked periodically and renewed with care.

Life insurance policies are about protecting your dear ones with adequate cover and ensuring that the ‘cover’ acts better than you during your absence. However, past data indicates that many right policy covers are taken yet many policy holders regret posthumously. This because, the gains could not be passed on to their legal heirs. Why? Either because their family members are unaware of the policy details or policy papers are lost, misplaced, forgotten or even destroyed.

Till now, there is no proven method to preserve the policy bonds, appoint trusted persons (other than the beneficiaries / nominees of the insurance policy) to manage the risk portfolio, view the consolidated risk portfolio.

We never had a common platform to view our consolidated risk portfolio, raise common service tickets, view consolidated premium certificates, view policy dockets, etc.,.

We are in an age that boasts only about going online, going green, going mobile and so on. Then why can’t all these happen to our insurance policies? more...

29/09/2014

Chief Minister Siddaramaiah will launch a programme here on Monday to extend health insurance benefits to around 1.04 crore families in the State under the Rashtriya Swasthya Bima Yojana (RSBY). today in bellary

Siddaramaiah to launch a programme to expand the scheme

26/09/2014

In this single attachment you all can see regarding Jan dhan yojana as well as electronic insurance account (e account)

In addition to the PM's Jan Dhan Yojana, another move that would reduce the number of unclaimed deposits with insurance companies is the regulator's plan to introduce an insurance repository.

"In the Insurance Repository System, an electronic Insurance Account (eIA) holder can maintain all his policies in a unique account and can access the same at the click of a button. Bank details are a pre-requisite whilst opening an eIA, which entails seamless settlements on maturity.

Data released by the govt in response to a Parliament query shows that as much as Rs 5,848 crore is lying unclaimed with insurance companies.

26/09/2014

What is a Rupay debit card?

Rupay Debit Card is an indigenous domestic debit card introduced by National Payment Corporation of India (NPCI). This card is accepted at all ATMs (for cash withdrawal) and at most of the PoS machines (for making cashless payment for purchases) in the country.

Ans. Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.

26/09/2014

The Finance Ministry on Monday said people who do not have officially valid documents or Aadhaar numbers can open bank accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) by submitting two copies of signed photographs at the bank branch

The Finance Ministry on Monday said people who do not have officially valid documents or Aadhaar numbers can open bank accounts under the Jan Dhan financial inclusion scheme by submitting two copies of signed photographs at the bank branch.