Indian Eye Specialists Get A Policybazaar Insurance Boost

Doctors are at high risk of litigation and have neither the necessary tools nor the means to navigate through its complexities

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.

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

It has noticed an upward trend in the demand for PI among Indian eye specialists this year. There has been a 75 per cent increase in the number of queries for PI from eye specialists in Tier-I cities and 100 per cent in Tier-2 and Tier-3 combined since March. 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 cover and competitive premium rates 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.

Speaking on this venture, Sajja Praveen Chowdary, Director and Head - PBFB, said, “Doctors face unique challenges in balancing their demanding roles with the legal and financial risks of their profession. PBFB will provide a dedicated relationship manager for all professional and personal insurance needs of YOSI members, thereby providing them with 360 degree coverage. It is a milestone in our mission to empower medical professionals across India with essential insurance solutions.”

Dr Aditya Sethi, Gurgaon-based ophthalmologist and member of YOSI, said, “Young surgeons do not have deep pockets but are at a high risk of litigation. It helps younger professionals to be more confident, more precise, and help us become better doctors.”

This collaboration marks a significant step toward bridging the gap in insurance accessibility and awareness among India’s young eye care professionals.

PBFB remains committed to empowering medical practitioners through innovative and practical solutions, ensuring that they can dedicate themselves to their patients without the fear of financial or legal repercussions.