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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 B1jcQ6R8eLCDUSsooUvOvr2iwNEsIcyPv0gMmx+vicZ4o2fQT2ZN139h4SNkP9WI
 ITtIjM4z7J1ltjq5XVN2hA==

<SEC-DOCUMENT>0001179110-05-023356.txt : 20051219
<SEC-HEADER>0001179110-05-023356.hdr.sgml : 20051219
<ACCEPTANCE-DATETIME>20051219162223
ACCESSION NUMBER:		0001179110-05-023356
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051216
FILED AS OF DATE:		20051219
DATE AS OF CHANGE:		20051219

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Bhalla Pavan
		CENTRAL INDEX KEY:			0001305321

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15946
		FILM NUMBER:		051272776

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(703) 886-1488

	MAIL ADDRESS:	
		STREET 1:		1109 BRECKENRIDGE LANE
		CITY:			ALPHARETTA
		STATE:			GA
		ZIP:			30005

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EBIX INC
		CENTRAL INDEX KEY:			0000814549
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				770021975
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3501 ALGONQUIN RD
		STREET 2:		STE 500
		CITY:			ROLLING MEADOWS
		STATE:			IL
		ZIP:			60008
		BUSINESS PHONE:		8475063100

	MAIL ADDRESS:	
		STREET 1:		3501 ALGONQUIN ROAD
		CITY:			ROLLING MEADOWS
		STATE:			IL
		ZIP:			60008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EBIX COM INC
		DATE OF NAME CHANGE:	19991115

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELPHI INFORMATION SYSTEMS INC /DE/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-12-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000814549</issuerCik>
        <issuerName>EBIX INC</issuerName>
        <issuerTradingSymbol>EBIX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001305321</rptOwnerCik>
            <rptOwnerName>Bhalla Pavan</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1109 BRECKENRIDGE LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ALPHARETTA</rptOwnerCity>
            <rptOwnerState>GA</rptOwnerState>
            <rptOwnerZipCode>30005</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>19.51</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-12-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-12-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1500</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4875</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Options become exercisable in 25% increments on the last day of each of the four calendar quarters following the date of the grant.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Daniel J. Barmore, by Power of Attorney</signatureName>
        <signatureDate>2005-12-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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