1 Insurance ID for All Policies: What It Means for You

IRDAI wants to build a single digital registry for all insurance policies in India. This means one ID to see all your policies — health, life, motor — in one place, reducing paperwork and missed claims.

Here's what happened: IRDAI has proposed a Public Insurance Registry to create a single digital infrastructure consolidating insurance records across all insurers in India.. The registry aims to bridge information gaps by giving a consistent, authoritative view of who holds which policy — without moving data away from source institutions.. The proposal targets interoperability — allowing hospitals, nominees, and regulators to verify insurance coverage quickly without chasing multiple insurers..

What you should do: Locate all your existing policy documents now and store digital copies in DigiLocker — don't wait for the registry to do this for you.. Inform your nominees about every policy you hold, including the insurer name, policy number, and sum assured — write it down and share it.. Check with your insurer if your policy is linked to your Aadhaar or PAN — this will likely be the identifier used when the registry goes live..

Over ₹26,000 crore in insurance claims remain unclaimed in India — mostly because nominees never knew a policy existed. A shared registry directly attacks this problem.

For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.