The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has amended a regulation aimed at reducing the financial burden on citizens with disabilities.
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has amended a regulation aimed at reducing the financial burden on citizens with disabilities.
The SEDDK authorises insurance companies to offer additional discounts of up to 20% on premiums charged for compulsory motor third-party liability insurance (traffic insurance) for individuals with disabilities, in addition to existing discounts. The new policy will take effect on 1 February 2026.
According to local media reports, the amendment to the "Regulation on Tariff Application Principles for Compulsory Motor Liability Insurance" will benefit around 9m individuals. The regulation stipulates that insurance companies will be able to grant the additional discount when issuing policies to individuals registered with the National Disability Data System (NDDS).
Insurance companies will verify whether the disabled customer is entitled to the discount by checking through the NDDS during the policy issuance.