How to share Insurance details with Family?

[sandeep.khurana]

Can someone please suggest any application or any way to keep a track of all the health insurance, Life Insurance, Term plan, investments in MF etc. I want to share all these details with my family, so it will be very helpful if there is any application in which we can manage all this and family members can use the same application to track all this in case of any emergency.

 

[ShavirB]

Hi, this is a very important question which is not commonly discussed.

There's new concept called e-insurance account. Just like you hold all your shares, mutual funds units in a single demat account. You can now store all your health insurance, life insurance, etc in a single E-Insurance account.

This e-insurance can be opened in 2 ways
1) Either you can open directly through any insurance company
2) Or through depositeries such as CDSL, NSDL, Karvy, CAMS

This e-insurance account is Free of Charge and you will need your Aadhar and PAN to open an account. After opening the account you can simply share the login details with your family members

 

[sandeep.khurana]

Hi, this is a very important question which is not commonly discussed.

There's new concept called e-insurance account. Just like you hold all your shares, mutual funds units in a single demat account. You can now store all your health insurance, life insurance, etc in a single E-Insurance account.

This e-insurance can be opened in 2 ways
1) Either you can open directly through any insurance company
2) Or through depositeries such as CDSL, NSDL, Karvy, CAMS

This e-insurance account is Free of Charge and you will need your Aadhar and PAN to open an account. After opening the account you can simply share the login details with your family members

Great.. Thanks for the suggestion.. Will check it out.