Insurance repository, e-policy, e-insurance accounts - your one stop for conveniently and securely holding policies in electronic form under a single account. What is e-insurance? It is a service that allows you to keep all your insurance policies under one account in electronic form, rather like demat shares. You can do this by opening an account with an insurance repository such as CAMSRep. CAMSRep is one of the few in the country with the necessary permits from the Insurance Regulatory and Development Authority (IRDA), to provide this facility to customers. To start the account, you must download the forms and submit a passport size photograph, ID proof and address proof. Once you have the account, which takes about 7 business days to open, you can buy your insurance policies in electronic form. Your older paper policies can be converted too. Like all online accounts, you will be given a secure user ID and password. This service is absolutely free to start and to maintain. The whole process is easy and transparent, but what are the benefits of converting your insurance policies to electronic policies It’s online moving your insurance policies online makes it convenient. You no longer have to visit company branches to carry out your insurance-related tasks. All your policies are under one umbrella. You can monitor all your insurance policies from one account. You can add new policies when you take them. You can manage your life insurance policies for now, and once the Insurance Regulatory body adds new categories such as health and general insurance, you will be able to add and view those policies as well. With an e-insurance account, you will get a consolidated view of all your insurance policies. When you need to extract some information, you will not have to go hunting in multiple places. You can pay online from one account. If you’re net-savvy, you may already be logging into various insurance providers’ websites to pay your premiums. Once you have a single e-insurance account under which all your insurances are housed, you can pay your premiums from one location. You can make requests and log complaints too.