The solution to saving your insurance policy…
A simple step of converting their paper policies to electronic ones could have helped people who have lost their policy documents. The Insurance Regulatory and Development Authority (IRDA) has launched the concept of Insurance Repository (IR) to buy and keep insurance policy in electronic format in an e Insurance Account. (e IA). Any kind of policy, be it a life, home or motor policy can be made into electronic form and stored in e IA
CAMSRep, a group company of CAMS, is a licensed IR. As an Insurance Repository, CAMSRep opens and maintains e Insurance Accounts for policy holders and hold their policies in electronic form under a single account.
The advantages of electronic policies are convenience and safety, eliminating paper and associated risks of storage and loss. CAMSRep, with its widespread network of 270+ branches, also gives an added advantage of being a single point of service for all e-policies, making it convenient for policy holders.
More answers to FAQ’s on e-insurance accounts can be found on www.camsrepository.com. Read also interview with the CEO of CAMSRep at http://www.thehindubusinessline.com/portfolio/beyond-stocks/put-away-your-insurance-papers-for-good/article5998496.ece
CAMS (Computer Age Management Services) is India’s premier Mutual Fund Transfer Agency serving over 60% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. Besides Mutual Funds, CAMS is a service partner to leading Insurance companies, Banks, NBFCs and Private Equity Funds.