Hdfc Life: Understanding Your E-Insurance Account Number

HDFC Life offers a Demat Account, which is a single 'e-Insurance Account' (eIA) with an insurance repository of your choice. An eIA is inclusive of all life insurance policies of the Account holder. To avoid your PAN becoming inoperative, resulting in higher tax deduction, HDFC Life encourages you to create your Ayushman Bharat Health Account (ABHA) number, which is a 14-digit number that uniquely identifies you as a participant in India’s digital healthcare ecosystem.

You can only have one 'e-Insurance Account' (eIA) with an insurance repository of your choice

You can only have one e-Insurance Account (eIA) with an insurance repository of your choice. An eIA is inclusive of all life insurance policies of the account holder. When buying a new policy, you simply have to submit the eIA application form along with the new business application form. You can opt for one of the following repositories: CDSL IR (CDSL Insurance Repository Limited), NIR (National Insurance-policy Repository), KARVY and CAMS.

An eIA is inclusive of all life insurance policies of the account holder

An e-Insurance Account (eIA) is a single account that includes all of the life insurance policies of the account holder. You can only have one eIA with an insurance repository of your choice. When buying a new policy, you simply have to submit the eIA application form along with the new business application form. You can choose from the following insurance repositories: CDSL IR (CDSL Insurance Repository Limited), NIR (National Insurance-policy Repository), KARVY and CAMS.

When buying a new policy, submit the eIA application form with the new business application form

When buying a new policy, you must submit the e-Insurance Account (eIA) application form with the new business application form. You can only have one eIA with an insurance repository of your choice. This eIA will include all of your life insurance policies.

You can choose from the following repositories: CDSL IR (CDSL Insurance Repository Limited), NIR (National Insurance-policy Repository), KARVY and CAMS.

Before filling out the application form, make sure to go through the guidelines of the chosen insurance repository.

Additionally, as a policyholder with HDFC Life, you can create your Ayushman Bharat Health Account (ABHA) number. This is a 14-digit number that uniquely identifies you as a participant in India's digital healthcare ecosystem. You can create your ABHA number using either your Aadhaar or driving licence details.

You can choose from insurance repositories such as CDSL IR, NIR, KARVY and CAMS

An e-Insurance Account (eIA) is a single account that includes all life insurance policies of the account holder. When buying a new policy, you simply have to submit the eIA application form along with the new business application form. You can choose from insurance repositories such as CDSL IR (CDSL Insurance Repository Limited), NIR (National Insurance-policy Repository), KARVY and CAMS.

CDSL IR is a leading securities depository in India, and its wholly owned subsidiary, NSDL Database Management Ltd (NDML), has been approved by SEBI to function as a KRA. CAMS is a joint venture company with three shareholders: HDFC Group, global private equity firm Advent International and software firm Acsys Software India Pvt Ltd. Karvy Stock Broking Ltd's fully-owned subsidiary, KDMSL (Karvy Data Management Services Ltd), is also registered with SEBI for carrying out KRA activities.

The Ayushman Bharat Health Account (ABHA) is a 14-digit number which uniquely identifies you as a participant in India's digital healthcare ecosystem

An e-Insurance Account (eIA) is a single account that includes all of the life insurance policies of the account holder. You can only have one eIA with an insurance repository of your choice. When buying a new policy, you simply have to submit the eIA application form along with the new business application form.

The ABHA number is a unique identifier that allows you to access and manage your health information securely and efficiently. It enables you to connect with healthcare providers, access your medical records, and make informed decisions about your healthcare. With your ABHA number, you can easily share your health information with authorised individuals and organisations, such as healthcare providers and insurance companies.

By having an ABHA number, you can benefit from streamlined and personalised healthcare services. It simplifies the process of accessing and sharing your health data, enhancing the overall efficiency and effectiveness of the healthcare system. This digital identification system empowers you to take control of your health information and make informed choices regarding your well-being.

Additionally, the ABHA number facilitates the integration and interoperability of various healthcare platforms and services. It enables seamless data exchange between different healthcare providers, ensuring that your health information is up-to-date and accessible across multiple touchpoints. This interoperability promotes better coordination of care and improves the overall quality of healthcare delivery in India.

Frequently asked questions