Q: What is eKYC for insurance?
A: eKYC for insurance is a digital verification process through which insurance companies verify customer identity online using Aadhaar and other approved ID documents.
Q: Which insurance companies accept eKYC?
A: Most major insurance companies in India including LIC, HDFC Life, ICICI Prudential, SBI Life, and others accept eKYC for policy issuance.
Q: What documents are required for insurance eKYC?
A: You need Aadhaar, PAN, address proof, and your phone number to complete the eKYC process.
Q: How long does insurance eKYC take?
A: The digital eKYC process typically takes 5-10 minutes, and policies can be activated instantly after KYC verification.
Q: Is eKYC safe for insurance?
A: Yes, eKYC uses secure encryption and is approved by IRDAI (Insurance Regulatory and Development Authority).
Conclusion
Insurance eKYC simplifies policy purchase by allowing customers to complete verification digitally without visiting an office, making insurance more accessible and convenient.