From April 1, 2024, the Insurance Regulatory and Development Authority of India (Irdai) has mandated that all insurance policies should be issued in electronic form. An individual's insurance plans will show collectively in his e-Insurance Account (eIA). This rule comes into effect with the introduction of the "Protection of Policyholder Interest" Regulation 2024, which aims to enhance convenience, security, and tracking of policies by policyholders.