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By Anshul Oct 6, 2022 7:24:47 PM IST (Published)
Here's all you need to know about buying e-insurance policies and what IRDAI has said on dematerialisation of policies.
The Insurance Regulatory Development Authority of India (IRDAI) has instructed insurers to offer discounts on premium rates if the policy is purchased online, said Naval Goel, Founder and CEO at PolicyX.com while talking to CNBC-TV18.com.
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"This will help the policyholders save some money while opting for e-insurance policy," he said.
E-insurance, or electronic insurance policy, means a digitally signed document.