How to Link Insurance Policies with Aadhaar Card

Linking insurance policy with Aadhaar number online is convenient and saves a lot of time. You should ensure to link your mobile number and Aadhaar before trying to link insurance policy with Aadhaar. However, for a registered and non-registered users, the process to link is different.

Registered User

A registered user should follow the simple steps to complete the linking process:

• Visit the customer service portal of the following insurance company.
• Add all the Aadhaar details in the respective boxes.
• Double check and submit.
• A one-time password (OTP) gets generated on the Aadhaar registered mobile number
• Enter the OTP to get the Aadhaar linked to the insurance policy.

Non-Registered User

The non-registered policy holders should abide by the following steps to map Aadhaar and insurance policy:

• Visit the insurance company's website.
• Enter the details like PAN, date of birth, mobile number, e-mail ID, policy number, and finally Aadhaar number.
• Upon entering the Aadhaar number, an OTP is sent to the registered phone number.
• Type the OTP, in the given box.
• On entering the OTP, the Aadhaar card and insurance policy is linked.

Know more about Link Aadhaar with LIC Policy

Linking Aadhaar with Insurance Policy via Offline Mode

Seeding Aadhaar and insurance policy is easy and a policyholder can easily accomplish the task by following a few simple steps:

• Visit the nearest branch office of the insurance company or contact the insurance agent.
• Don't forget to carry the Aadhar card and a self-attested copy of 12-digit unique identification card.
• Submit it to the officer to get the Aadhaar and insurance policy linked.

Documents Required for Insurance Policies and Aadhaar Linking

The number of documents needed to link Aadhaar with insurance policy is minimal. Below mentioned are the list of documents:

• The 12-digit Aadhaar number.
• Permanent account number (PAN)/Form 97.

The PAN card or Form 97 should be submitted when the insurance premium paid exceeds Rs.50,000 during a financial year.

Benefits of Linking Aadhaar Number with Insurance policy

• First and foremost, the linking helps prevent money laundering and malpractices.
• The seeding ensures enhanced customer experience.
• It ensures faster claim settlement. In fact, the claim amount gets directly credited to the bank account and the policyholder need not track it from time to time.
• It makes the insurance administration process simple and hassle-free.
• The seeding helps customers to access all the financial services in one single platform, as the bank account, PAN number and mutual fund are already linked.

Important Tips

• Mobile number should be linked to the insurance policy to complete the seeding online.
• All the new policy holders should submit their Aadhaar card details while enrolling for a new policy.
• Linking Aadhaar with an insurance policy is a voluntary choice under the Aadhaar and Other Laws (Amendment) Act, 2019, and an insurer cannot deny a service because you refuse or are unable to undergo Aadhaar authentication. 

Summary

Aadhaar linking with insurance policies means adding your Aadhaar number to your life, health, motor or other general insurance policy, a step IRDAI has recommended and one that is voluntary for policyholders. You can link online through your insurer's portal using an OTP on your Aadhaar-registered mobile number, or offline at the insurer's branch with a self-attested Aadhaar copy. Keep your PAN, or Form 97 if you do not have a PAN, ready, and make sure your mobile number is linked to the policy.