E-Insurance Likely to be Launched by June

By SiliconIndia   |   Monday, April 30, 2012   |    2 Comments
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Bangalore: In this techni-era, where everything is available online, then why not an Insurance? E-insurance, that is insurance policies in electronic form, is likely to be launched by the May-end or early June.

As per the senior insurance experts, the sector is in its last final finishing preparations and checking it vigilance and infrastructure, as reported by Neha Pandey Deoras from Business Standard.

This service will be available in most of the insurance covers like life, auto and health, but for a start E-insurance can be availed for life covers.

An Official from Insurance industry said, “Five to ten insurance companies are ready for issuing E-insurance.  The rest may start by September”, as quoted by Business Standard. Companies like ICICI Prudential Life Insurance and Birla SunLife Insurance are already set to launch this new innovation.


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