A majority of private insurers — life, general and standalone health — have decided to wait for IRDAI’s guidance on the implementation of the Supreme Court’s recent Aadhaar ruling as regards the insurance industry.
This is even as several top players including HDFC Life have stopped making submission of Aadhaar mandatory for new customers.
“IRDAI has, through its AML Master Circular, provided a list of acceptable Officially Valid Documents, which we were accepting even before the Supreme Court’s order and shall continue doing so,” an HDFC Life spokesperson told BusinessLine .
