Today, when everything is going digital, holding insurance policies has also become digital. You can keep all your insurance policy documents in electronic form in an insurance repository system. It is not only free of cost; it has many other benefits as well.
Simple procedure: You can very easily convert your existing insurance policies in an electronic form.
Safety: In a case of physical documents, there is always a chance of documents getting misplaced or damaged. Therefore, keeping policies in electronic form provides security as there is no such fear.
Hassle free: You don’t need to go to offices of different insurers as everything will be online. Changing person details such as address, phone numbers, nominee details etc for all policies will become hassle free. You have to change it only once and it will automatically change for all policies.
Single view Status: You can monitor your policies status through one common interface. You can also renew your policies online. Annual statements can be obtained in a consolidated manner.
Single KYC: You don’t have to go through Know Your Customer (KYC) procedure every time you buy a new insurance policy as with electronic policies it has become one-time process.
Environment friendly: It is also environment friendly initiative as everything will become paperless, thereby saving trees and eventually environment.
For more information visit : https://www.policymantra.com
For more information visit : https://www.policymantra.com
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