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Irdai: Aadhaar, insurance link mandatory

Press Trust of India / 09 Nov 17 | 01:31 AM

There are about 330 million PAN cards, while Aadhaar has been issued to about 1150 million people

The Insurance Regulatory and Development Authority said linkage of Aadhaar with insurance policies is mandatory and asked insurers to comply with the statutory norms. “The authority clarifies that linkage of Aadhaar to insurance policies is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017," the regulator said.

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