KYC data is captured by Insurance Repository which is convert these policies into electronic mode, protects them and take care of our ongoing servicing needs of policy holders.
All we need to do is to open one e- insurance account and tag all our insurance policies to this account. This e- insurance account is free, simple to operate; it is highly securable and always available online. It help us to the complex procedure of filling KYC forms, when we apply for policies across life, non- life, health and pension products.
We can also appoint authorized representative, in case, if do not want to disclose the policy details to their nominees. Karvy insurance repository provides you unstoppable nine in one combination of protection which blended with huge perfection.
In past years, so many people head family member took one small life insurance policy cover and rest of the member lived with great sense of safety with change economic life style conditions which are forcing Karvy Insurance to take multiple insurance policies spanning across life, motor, property, health, pension and so on. It is now common to have at least four policies on average. Some of the policy are long- term contracts and need to be preserved rest need to be tracked periodically and renewed with care.
Life Insurance:
To protect your love one with adequate cover and ensuring that they are safe in your absence. Long past data show that many right policy covers are taken till now most of the policy holders regret posthumously. This because, the gains could not be passed on to their legal heirs. Karvy insurance has common platform to view their consolidated risk portfolio, raise common service tickets, view consolidated premium certificate, view policy dockets
Services:
- Conversion of insurance policies into electronic way
- Access of full range with analytics for insurance agents
Back office:
- Complete data processing and analytics services for life, general and health insurance companies
- Host of back office services for new business, agent enrollment, POS, banking reconciliation, record management
- Fully front office services from more than 300 locations with in India with document collection, scrutiny, cheque collection
- Custom built rule engines with EDI modules to greatly simplify insurance processing