Published Article Details

How to link Aadhaar to insurance policies

Posted by: Girija Gadre on Nov 20, 2017, 09.50 AM IST

The Irdai has issued a circular making it mandatory for all policyholders to link their Aadhaar and PAN details to their insurance policies. If one does not have a PAN card, Form 60 must be furnished to comply with this requirement.

Insurance companies are sending intimations to policyholders to link their Aadhaar numbers to their insurance policies by spelling out how one can go about doing this.

Online linking for registered user
This is the easiest way of updating Aadhaar. The policyholder can login to the customer service portal of the insurance company and add his Aadhaar details to his profile.

Online linking for non-registered user
Alternatively, if the policyholder is not a registered online customer, he can visit the insurance company website and complete the process. Here the policyholder will have to furnish details such as policy number, date of birth, PAN, email id, mobile number and Aadhaar number.

Authentication
Once Aadhaar number is furnished using any of the above methods, an OTP is sent to the registered mobile number. Once OTP is entered, the Aadhaar number is successfully registered.

Offline linking
The policyholders can approach their respective insurance agents or visit the nearest branch office of the insurance company with their Aadhaar card to carry out the linking. A self-attested copy of Aadhaar needs to be furnished to complete the process.

Points to note
1. Aadhaar is required to be captured at the proposal stage itself for all new policies.
2. In order to avail online linking facility, the mobile number of the policyholder must be registered with the Aadhaar database.

(The content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.) This article appeared in Economic Times dated Nov 20, 2017, 09.50 AM IST

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