Reliance Life eyes demat insurance policies for 9 million customers

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Reliance Life eyes demat insurance policies for 9 million customers
Posted on : 29 Sep 2013, 12:25

Leading private insurer Reliance Life today said it expects its over nine million customers to convert their insurance policies from physical format to the electronic or dematerialised format.

"We are working on the roadmap to encourage new and existing policy holders to hold their policies in electronic dematerialised form. We will educate our customer base about the benefits of holding all policies electronically and help them convert their insurance policies in demat form," Reliance Life Insurance CEO Anup Rau told PTI.