Secured way to safe keep and share e-Documents Digital Locker, one of the key initiatives under the Digital India initiative, is aimed at eliminating the usage of physical documents (Pan Card, Driving Licence, Birth certificate, Marksheets, Income Tax return etc),  and enable sharing of e-documents across government agencies via a mechanism to verify “authenticity” of the documents online. Residents can also upload their own electronic documents and digitally sign them using the e-sign facility. These digitally signed documents can be shared with Government organizations or other entities. Citizens with Aadhaar number can create Digital Locker accountsKindly ensure that your current […]

IRDA has recently come up with some major changes in health insurance effective from 1st October 2020 and issued guidelines to reduce confusion and facilitate ease of understanding for the customers. 1. Exclusions: Standard Definitions There are various exclusions in a health insurance policy and wordings for them differ from policy to policy. This confuses the policyholders. IRDA has standardized the definitions and wordings for many types of exclusions. Now all policies will have the same wordings and code for exclusions which will eliminate grey areas. 2. No ambiguous wordings in Policy  IRDA has also said that there should not […]