Rs. 75,000 seems too less for any serious disability. But since there are not many takers, this business may not be very profitable.
However hospitals may offer this insurance along with the booking charges for child birth. It may also be maarketed as insurance for medical charges in case of extra complecations. Regards Dinesh itself might be ----- Original Message ----- From: "Aruni Sharma" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Wednesday, October 25, 2006 10:41 PM Subject: [AI] Disability insurance still alien to India > Disability insurance still alien to India > > By IBNlive.com > Wednesday October 25, 07:13 PM > > New Delhi: > Rahul (name changed) was abandoned at an orphanage in New Delhi four > years back. The reasons are obvious - he is disabled. > Hundreds of babies like him are deserted every year by parents who can > make no place in their lives for disabled children. > In India there are at least four companies that have insurance policies > for unborn children that covers them for disability after birth. But > unfortunately, there are few takers. > AGM, New India Assurance Company H P Singh says, "There is a policy that > we offer that protects children against disabilities, but we have sold > very few because Indian parents are very superstitious by nature and > they think that by going in for a policy like this would mean bad luck." > Take New India Assurance Company for example. Their Unborn Child Welfare > Insurance scheme has been around since 1987. But to date, they have hardly > sold more than 200 policies. > The policy offers an insurance of Rs 75,000 for a one time premium of Rs > 1,500. And the policy covers a range of disabilities for new born babies > from lung and heart defect to physical disabilities. > However, parents like Pooja and Pankaj Sharma who have just had baby > Ananya are > not convinced that such policies do expectant parents any good. > "There is such a positive energy all around when you're expecting a > baby. The last thing you need is a policy like this to put that seed of > thought in your mind that some thing might go wrong," says Pankaj Sharma. > Paediatricians are stunned are what they call a typical situation where > superstition prevails over logic especially since treating disability in > children runs into lakhs and a little monetary help would always be > welcome. > With most parents unable to afford the expensive medical treatment, it's > the children who have to pay the price. > To make matters worse, companies who offer such policies haven't made > much of an effort to market them. > Says Paediatrician A K Gulati, "I think it is ridiculous to say that its > bad luck because one in three live births are disabled children. Also > these insurance companies need to approach doctors instead of parents > because hardly any one knows about these policies" > There are lakhs of children who are born with some kind of disability > every year in India. Their lives could have been much better if their > parents had taken out a disabilty insurance. > But hope of new perfect life inevitably overrides caution. When shopping > for coloured clothes for a baby to come, a disability insurance probably > seems far too gloomy. > > > -- > regards, > Aruni. > Home Page: www.aruni100.googlepages.com > Ph: +91 522-4042921. mob: +91 933-584-4700 > msn: [EMAIL PROTECTED] > yahoo: aruni100 > skype: aruni_sharma > > > To unsubscribe send a message to [EMAIL PROTECTED] > with the subject unsubscribe. > > To change your subscription to digest mode or make any other changes, > please visit the list home page at > http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in > To unsubscribe send a message to [EMAIL PROTECTED] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
