It has been made mandatory by Insurance Regulator IRDAI on Wednesday to link your unique identity number Aadhaar with insurance policies. It has also asked insurers to comply with the statutory norms.

The government in June had notified the Prevention of Money Laundering (Maintenance of Records) Second Amendment Rules, 2017 making Aadhaar and PAN/Form 60 mandatory for availing financial services including insurance and also for linking the existing policies with the same.

Source: Times Now