Product
Insurance on Finvica.
Life, health, term and ULIP policies recorded against the client so the wealth picture includes what protects it.
Scope
What is operationally supported.
| Product | Order capture | Routing | Corporate actions | Valuation basis | Reporting | Commission |
|---|---|---|---|---|---|---|
| Insurance | Yes, with conditionsTransaction / holding upload | Not supported | Not supported | Yes, with conditionsSet per instrument | Yes | Yes, with conditionsRate matrix and manual entry |
Valuation basis: Non-unitised — premium paid and sum assured, with ULIP fund value where it applies.. Set per instrument rather than per product, and operator-settable.
- Insurer or aggregator statements
What Insurance connects to
Workflow
Running Insurance, step by step.
The policy is recorded
Insurer, type, sum assured, premium and renewal date.
Renewals surface ahead of the date
A lapsed policy is a failure of process, not of memory.
It appears in the client view
Protection alongside investments, which is how a client thinks about it.
Regulatory
Where this sits with the regulator.
IRDAI-regulated. Insurance distribution requires its own registration, held by you rather than by Finvica.
Finvica is a technology platform. It does not hold an ARN, does not advise, and does not solicit investments. You transact under your own registration and remain the regulated party in your own client relationships.
Who this is for
If this is the class you are here about.
Distributors searching for Insurance handling are usually asking a bigger question about their whole book. The solution page for that buyer covers the rest of it.
Questions about Insurance.
Does Finvica sell insurance?
No. Insurance distribution requires its own registration and that is yours, not ours. Finvica records and reports the policies your clients hold.
Are ULIPs valued?
ULIP fund value is recorded where the insurer statement provides it, alongside premium and sum assured.