Antony Jacob, Chief Executive Officer, Apollo Munich Health Insurance has given his point of view on IRDAI’s move on linking Aadhar with insurance policies.
“IRDAI’s move to make linking of Aadhar with insurance policies mandatory is a welcome positive announcement. This is in sync with government’s mission of digitisation. We believe that this new mandate will further help in streamlining KYC processes for customers and shall prevent fraudulent claims. We are positive that such initiative will further make the claim process faster and ensure better customer experience. There might be some short term inconvenience in the beginning but this is a sure shot win-win in the long term.”