Bajaj Allianz General Insurance - Professional Indemnity plan starting at Rs. 786*/month
Product highlights
Key features and benefits
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Professional indemnity coverage of up to Rs. 1 crore for doctors
Get financial coverage against cases of medical malpractice allegations, breach of confidentiality allegations and loss of documents. Starting at just Rs. 786*/month.
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Coverage against loss of documents
Protects the insured against any document loss that might give rise to a claim or a demand for payment from a third party.
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Covers breach of confidentiality
Secure yourself against any unintentional breach of confidential information that leads to an allegation from a third party.
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Covers libel and slander defamation
Provides financial assistance to get legal counsel and take necessary actions against libel and slander defamation.
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Exhaustive coverage against legal liabilities
Covers a wide range of professional risks like defence costs, third-party damages, and claims arising out of professional services.
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Professional incidents
Covers damages or loss arising from professional incidents, such as skin rashes caused to an infant due to medicine overdose, cotton swabs left in the body during surgery, or wrong treatment procedure.
Eligibility criteria and documents required
Anyone can apply for the Bajaj Allianz Professional Indemnity plan as long as you meet these basic criteria mentioned below. If you meet all the eligibility criteria, we will need a set of documents to complete your application process.
Eligibility criteria
- Nationality: Indian
- Doctors with no claim history
- Degrees: MBBS, BDS, BPT, BHMS, BAMS, MD, MDS, MPT, MS or higher
Documents required
- Photograph of the applicant
- Age proof (voter's ID, PAN card, passport etc.)
- Identity proof (passport, Aadhaar/PAN/voter's ID, etc.)
- Income proof (Form 16, salary slips, etc.)
- Address proof (phone/ electricity bill, passport, etc.)
Step-by-step guide to buy this policy
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Step 1
Click on ‘Get Quote’ button to open our online application form.
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Step 2
Fill in the applicant’s name, gender, mobile number, date of birth, residential PIN code and passport number.
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Step 3
Our representative will call you back and explain the policy and help you take an informed decision.
Policy details
Here’s a quick look at the policy details of the Bajaj Allianz Professional Indemnity Insurance plan.
| Policy details | Description |
|---|---|
| Policy type | Individual |
| Starting premium (in Rs.) | 786*/month |
| Maximum sum insured (in Rs.) | 1 crore |
| Renewal | Lifetime renewable |
| Policy term | Annual |
Key inclusions and exclusions
Here’s a quick look at the key inclusions and exclusions under the Bajaj Allianz Professional Indemnity Insurance policy.
- Key inclusions
- Key exclusions
| Key inclusions | Description |
|---|---|
| Defamation | Coverage for legal expenses |
| Breach of confidentiality | Coverage for any unintentional breach of confidential information |
| Professional risks | Negligent misdiagnosis or wrong course of treatment |
| Key exclusions | Description |
|---|---|
| Criminal acts | Penalties, fines, punitive, and exemplary damages |
| Intentional non-compliance | Wilful neglect or deliberate act |
| Alcohol | Medical practice performed under the influence of alcohol or narcotics |
| Fraudulent claims | Losses arising due to fraudulent claims or contractual liability |
Product information
For complete details on product benefits, features, terms and exclusions, please read the product brochure and policy wordings carefully before buying a policy.
How to claim
Follow the steps below to raise a claim request for Bajaj Allianz Professional Indemnity Insurance plan.
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Step 1 - Inform the insurer
Give immediate written notice to the customer experience team of the insurer with all the available details.
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Step 2 - Submit the required documents
Submit documents relating to the claim (claim form, incidence report, documents/details about the reported claim). The claims team will advise the list of the exact requirements.
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Step 3 - Claim assessment and settlement
After scrutinising the documents, the settlement amount will be confirmed within 30 days of receipt of all the details/documents as per policy terms and conditions.
Documents required for raising a claim request
Here is the list of documents that you need to raise a claim request for Bajaj Allianz Professional Indemnity plan.
- Duly filled claim form
- Incidence report
- Document/details in relation to the reported claim
- NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook
- Nominee's photo identity and address proof such as the copy of passport, voter identity card, Aadhaar (UID) card, etc.
- FIR copy or post-mortem report in case of an accidental/unnatural death
Frequently asked questions
This policy provides coverage for doctors against professional risks such as negligent diagnosis, incorrect medicine dosage, surgery-related procedures, or wrong course of treatment suggested, etc.
This policy comes with a sum insured of Rs. 50 lakh and Rs. 1 crore.
The premium for Bajaj Allianz Professional Liability Insurance Policy starts at Rs. 9,440.
You can get in touch with the Bajaj Allianz General Insurance helpline number (1800-209-0144 / 1800-209-5858) or log in to the official web portal using your policy number.
Renewing your policy is hassle-free, and you can do it online within a few clicks. Just visit the Bajaj Allianz General Insurance home page and log in using your policy details/registered mobile number. You will be given a personalised quote for policy renewal.
