Is it Mandatory to provide Aadhaar No to buy/ renew Health Insurance?
19 Apr, 2023
by ashis
Have been reluctant to share Aadhaar unless it is mandatory e.g. PAN linkage. So far it has been possible to renew/ port health insurance policy without Aadhaar while providing other POI/ POA. But this time while trying to port, they are insisting on Aadhaar.
If it is compulsory, can someone share (link) to the relevant document/ section.
Thanks in Advance
0
Post
Hi,
As per IRDAI guidelines KYC is mandatory while buying general insurance plans. The new guidelines on KYC were implemented by all insurers from 1 Jan 2023. Apart from Aadhar one can also use PAN details.
Travel & Motor insurance too require KYC now.
Regards
Rohit Dhingra