E-policies made compulsory for most categories

In some cases, like motor insurance, the government needs to first recognise these

Delhi not alone in abolishing affidavits

Soon, you could be assigned an electronic insurance number when you buy an insurance policy. And, based on this number, you will receive an electronic or e-policy. With the Insurance Regulatory and Development Authority of India (Irdai) mandating that e-policies will have to be issued for certain kinds of insurance plans —term- and non-term life plans with sum assured of Rs 10 lakh and Rs 1 lakh or annual premium of Rs 10,000; all individual motor and overseas travel plans; and retail health policies having sum assured of Rs 5 lakh or more or premium of Rs 10,000 or more ...