India testing India

Buying insurance just got easier, thanks to eKYC

Reading now: 922
www.livemint.com

The eKYC option will enable insurers to replace a set of documents such as photograph, identity and address proof with Aadhaar In a bid to simplify the process of insurance purchase, the Insurance Regulatory and Development Authority of India (Irdai), on Friday, allowed insurance companies to avail the Aadhaar-based authentication services of the Unique Identification Authority of India (UIDAI) to fulfill the Know Your Customer (KYC) norms.

However, the regulator has prescribed a list of companies who can undertake eKYC in the coming days. Find the complete list here.

The eKYC option will enable insurers to replace a set of documents such as photograph, identity and address proof with Aadhaar.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA