Policybazaar, YOSI shield young ophthalmologists

Policybazaar for Business (PBFB), a leader in customized insurance solutions for healthcare professionals, has partnered with the Young Ophthalmologist Society of India (YOSI) to offer members better access to specialized insurance plans.

- TBG NETWORK

PBFB realized a need to educate and support these doctors with risk management. Typically under the age of 40, these doctors are at high risk of litigation and have neither the necessary tools nor the means to navigate through its complexities.

PBFB has noticed an upward trend in the demand for PI among Indian eye specialists this year. Since March 2024, there has been a 75% increase in the number of queries for PI from eye specialists in Tier-I cities and 100% in Tier-2 and Tier-3 combined.

This reiterates that the need for awareness and better customization of insurance features for these doctors is highly pertinent. Through the partnership with YOSI, PBFB will be offering a) tailored coverage b) competitive premium rates as by virtue of its partnership with all major insurance companies.

Central to the offering is the Doctor's Professional Indemnity Insurance, designed to protect doctors from unexpected professional risks.

Key benefits for YOSI members:

Comprehensive Doctor's Professional Indemnity Insurance Coverage ranging from Rs50 lakh to Rs3 crore, with premiums starting at Rs963 annually for non-surgeons and Rs1,181 for surgeons.