Insurance

Insurance buyers to use NIN from Sept 1

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Chuks Udo Okonta

From September 1, this year, the National Identification Number (NIN) would be use in the purchase of insurance policies, Inspen has learnt.

The General Manager Legal Services, National Identity Management Commission (NIMC), Mrs Hadiza Dagabana, disclosed this on Saturday, while making some clarifications on the planned enforcement of the use of the NIN.

‚ÄúThis stipulates that transactions like applications for International Passport; opening of bank accounts and purchase of insurance policies will be done with the NIN, beginning from Sept. 1, 2016,” she said.

In an interview with the News Agency of Nigeria (NAN) in Abuja, Dagabana said it would be enforced by the relevant Ministries, Departments and Agencies (MDAs).

Recall that the NIMC had earlier pegged September last year for the enforcement of the NIN before critical services could be rendered to Nigerians.

She explained that the Commission was taking the step in pursuant of the official gazetting on the commencement of the mandatory use of the NIN as enshrined in section 27 of the NIMC Act.

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