Step 1: Download eIA opening form of your preferred Insurance Repository from below links:
- NSDL Database Management Limited, click here
- Central Insurance Repository Limited, click here
- Karvy Insurance Repository Limited, click here
- CAMS Repository Services Limited, click here
Step 2: Fill the form and attach self-attested copy of below mention required documents:
- PAN
- Address proof
- Date of birth proof
- Identification Proof
Step 3: Submit the forms along with self-attested documents to Trustline at below mentioned address:
Insurance Compliance Department Trustline Insurance Brokers P Ltd. Trustline Tower, B-3, Sector - 3, Noida - 201301 Uttar Pradesh
Frequently asked questions
- What is an Insurance Repository?
"Insurance Repository" is a company formed and registered under the Companies Act, 1956 (1 of 1956) and which has been granted a Certificate of Registration by IRDA for maintaining data of insurance policies in electronic form on behalf of the insurers. The Insurance Repositories provide the ease of holding insurance policies issued in an electronic form. - What is the objective of an Insurance Repository?
The objective of creating an Insurance Repository is to provide policyholders a facility to keep insurance policies in electronic form and to undertake changes, modifications and revisions in the insurance policy with speed and accuracy. In addition, the repository acts as a single stop for several policy service requirements. The Insurance Repository system also brings about efficiency and transparency in the issuance and maintenance of insurance policies. - Can any individual/firm act as an Insurance Repository?
No, only an entity that is registered under the Company's Act and who is granted a 'Certificate of Registration' by IRDA can act as an Insurance Repository. - Can Insurance Repositories sell/solicit insurance policy?
No, Insurance repositories cannot sell/solicit insurance policies. They are authorized only to maintain the policies in electronic form and provide a service record of all insurance policies. - Who is an Approved Person (AP)?
An Approved Person (AP) is a Point of Sale (PoS) appointed by the Insurance Repository and will be working on behalf of the Insurance Repository to extend the latter's services - What is an eIA application form? Where can it be obtained from?
An eIA application form is one that is used by an individual to open an eIA with the Insurance Repository. This form would be available with an insurance company, the Insurance Repository or an AP. - What are the requirements to be completed for opening an eIA?
An eIA holder or policyholder is required to fill the eIA form and submit the following documents to the office of the Insurance Repository or the insurance company or the authorised AP appointed by the Insurance Repository:
1. Photo ID
2. Recent passport size photograph
3. Address proof
4. Identification Proof - Which are the valid KYC documents?
Identity proof (any one): a) PAN Card b) UID
Address proof (any one): a) Ration card b) Passport c) Aadhar card d) Voter ID card e) Driving license f) Bank pass book (not more than 6 months old) g) Verified copies of:- i) Electricity bills (not more than 6 months old) ii) Residence telephone bills (not more than 6 months old) iii) Registered Lease and License agreement / Agreement for Sale
Self- declaration by High Court and Supreme Court judges, giving the new address in respect of their accounts. Identity card/document with address, issued by: a) Central/State Government and its departments b) Statutory/Regulatory Authorities c) Public Sector Undertakings d) Scheduled commercial banks e) Public financial institutions f) Colleges affiliated to universities g) Professional bodies such as Institute of Chartered Accountants of India (ICAI), The Institute of Cost & Works Accountants of India (ICWAI), Bar Council etc, to their members - Can I open an e-Insurance account without having my own life or non-life policy ?
Yes, an individual who is not having any insurance policy can open an eIA. After buying a policy, the policyholder can give a request for dematerialization to the Insurer or Insurance Repository or AP. - How many days does it take to open an eIA after all the necessary formalities are completed?
An eIA will be opened within 7 days from the date of submission of the application completed in all respects. Once, an account is opened, a welcome kit with the details of how to operate the same would be sent to the applicant/eIA holder.
Trustline Securities Ltd. SEBI Reg. No.- BSE Cash: INZ000211534 | CDSL: IN-DP-496-2020 | NSDL: IN-DP-496-2020 | PMS: INP000004268 | NSE Cash: INZ000211534 | NSE F&O: INZ000211534 | NSE Currency Derivative: INZ000211534 | SEBI Reg. No.- MCX: INZ000211534 | CIN NO-U74899DL1995PLC064753 | Research Analyst Reg. No. INH100000528 | AMFI ARN - 44980 [ Registered Address: Property No. 85, 1st Floor, Namberdar Estate, Taimoor Nagar, New Friends Colony, New Delhi - 110025]
Trustline Insurance Brokers Pvt Ltd. [CIN:U74140DL2008PTC180546] [Registered Address: Property No. 85, 1st floor, Namberdar Estate, Taimoor Nagar, New Friends Colony, New Delhi, Delhi, India - 110025], is an IRDAI licensed Direct Broker bearing License No. DB-462 / 10, license dated 27/12/2022 valid till 26/12/2025 rendering advice on various insurance covers suitable to all kinds of needs. Prospective client(s) are advised to go through all comparable products available in the market, the product notes, terms and conditions of the product selected, before taking the decision. Insurance is a subject matter of solicitation.
Attention Investors
We are not allowing any trading in securities which falls under Graded Surveillance Measure (GSM).
To understand the concept of GSM kindly Click Here.
"Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock brokers & Depository Participant. Receive information of your transactions directly from Exchange & CDSL/NSDL on your mobile/email at the end of the day. issued in the interest of investors.
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"Investment in Securities Market/Commodity Market is subject to Market Risk."
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Caution towards unsolicited communication
It has come to the notice of the National Stock Exchange and Securities and Exchange Board of India (SEBI) that letter dated February 21, 2018 purported to have been issued by SEBI to NSE to furnish Futures & Options data of all Clients who are keeping their Futures position open at the end of the settlement i.e on 22nd February of PSU Bank Futures contracts. It is clarified by SEBI that no such letter is issued and NSE has not received any such letter from SEBI. Please click here to read the full circular.
Risk Disclosures on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to ₹ 50,000
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost
- Source:
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SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
SMART ODR: In accordance with SEBI circular dated July 31, 2023, w.e.f August 16, 2023, all disputes against Trading Members shall be filed on the ODR Portal. Link to ODR portal is https://smartodr.in/login
Investor Awareness regarding the revised guidelines on margin collection.
Advisory for investors
