Lost an Old Insurance Policy?
The good news is that finding forgotten insurance records may soon become much easier.
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Why Do Policies Get Lost?
Paper documents get misplaced, emails disappear, and many families don't know where policies are stored.
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Why Does It Matter?
When a claim arises, nominees may struggle to identify the insurer or locate the policy details.
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A Solution Is Underway
IRDAI's proposed Public Insurance Registry aims to bring policy information together in one centralised platform.
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Step 1: Organise Your Policy Records
Keep policy documents, policy numbers, and insurer details in one secure, easily accessible place.
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Step 2: Inform Your Nominees
Ensure your family knows about every policy you own and where the records are kept.
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Step 3: Keep Your Details Updated
Regularly update your KYC, contact information, and nominee details to avoid future complications.
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Step 4: Stay Updated on PIR & Bima Sugam
These digital initiatives aim to make policy discovery and servicing simpler for policyholders.
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Small Steps Today Can Prevent Big Hassles Tomorrow
Well-organised insurance records can make policy servicing and claim settlement much smoother.
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Keep Your Insurance Easy to Access
Canara HSBC Life Insurance helps you manage policy details and nominee information, making future claims simpler for your loved ones.
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