Sun, Mar 25, 2018
Aadhaar linking deadline: In case of new insurance polices, the regulator said the policy buyer is allowed six months from the date of commencement of account based relationship to submit the Aadhaar number and PAN/Form 60 to the insurer. "In absence of Aadhaar, client shall submit any of the officially valid document as mentioned in the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005," said Insurance Regulatory and Development Authority of India (Irdai).
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