However, some attending the session argued that in some countries there remains a strong need for things
like facilitation payments, especially in resource - based industries, often in developing countries where it is considered common practice.
For the policies converted / issued in electronic form, within an e-insurance account, the IR would be responsible for providing mandatory information
like policy status (including premium status, NAV status, bonus status, loan status, claims status, nominee / assignment status), premium due calendar and online premium
payment facilitation, premium history and annual statements.