Technoglitch
Core Member
Get ready to link your insurance policy with Aadhaar. In a new development, Insurance Regulatory and Development Authority of India (IRDAI) has made it mandatory to link existing policies and new policies with Aadhaar. The latter is must for both life and general insurance policies like travel, home, heath and motor. While making the announcement, the regulator referred to Central government's gazette notification dated Ist June, 2017, wherein it notified the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 and made Aadhaar and PAN/Form 60 mandatory for availing financial services including insurance and also for linking the existing policies with the same.
Aadhaar linking becomes must for insurance policy; check deadlines for PPF, bank account, mobile, PAN
Aadhaar linking becomes must for insurance policy; check deadlines for PPF, bank account, mobile, PAN