More than 2 crore people in India who suffer from various disabilities. This figure would have definitely increased by 2010. It is said that India is a country which has the highest number of disabled people in the world.

More than half of the population who suffers from vision impairment and fourth with some sort of movement disability. In India our society which presents insensitive picture towards disabled people. The society doesn’t promote an environment of equal opportunities for disabled people.

Bajaj Allianz who has come up to help disabled people by providing them insurance cover. Bajaj Allianz introduces ‘Ability Insurance’ for specially abled. Bajaj Allianz who liberalized their insurance underwriting guidelines specifically to include specially-abled under preview of insurance. This insurance will treat physically challenged at par with others in society and also provide financial security to them and their families.

Products Offered Under Ability Insurance:

Life Insurance 

1) Bajaj Allianz Assured Protection – Regular premium ULIP that provides 100% allocation from 10th year onwards

2) Bajaj Allianz Max Advantage – ULIP that guarantees highest unit price based on the highest NAV for policy tenure of 10 years through Max Gain Fund II

3) Bajaj Allianz Invest Gain – Traditional plan that helps you develop a sound financial portfolio for your family.

4) Bajaj Allianz Child Gain – A child plan with inbuilt Waiver of Premium and Family Income benefits to help you plan for your child’s future.

5) Bajaj Allianz Super Saver – A regular premium endowment plan, which helps you save regular amounts for a safer tomorrow through extra benefits of guaranteed additions to the sum assured at end of every policy year.

General Insurance

Bajaj Allianz also provides Motor as well Health Insurance under its Ability Insurance to cater the needs of Motor and Health insurance of Specially-abled people.

Benefits of Ability Insurance

1) Pre-policy Medical examination to be done at home for life and health insurance.

2) Driving license/endorsement waived off for disabled drivers, in case of claims.

3) Additional discount for disabled driver’s vehicles.

4) Free road side assistance to each disabled driver vehicle which includes services like tyre puncture repair, lost key services etc. 

5) There are no extra loading charges in the life and health insurance products that are usually applicable in the cases of disability, as they are more prone to risk.

From last year Bajaj Allianz introduced “Super Idols”, which is a platform to recognize the achievements of people who have made a difference to the lives of others, despite having disabilities. This year, 13 achievers were felicitated in an award ceremony on 29th November 2010.  Providing Ability Insurance for physically challenged people is one of the efforts of Bajaj Allianz which will them equal opportunity in society.