Doctor’s SBI Card Launched SBI

Card has launched an exclusive credit card for doctors in partnership with the Indian Medical Association. The card includes a new feature, providing professional indemnity insurance cover of

` 10 lakh to protect doctors against professional risks and liabilities. As doctors often face unforeseen events that give rise to risk of claims from patients or related parties, the card offers cover for legal costs, including out-of-court settlements and court awards. Commenting on the product, Hardayal Prasad, MD and CEO of SBI Card, said, “SBI Card integrates industry-first features such as professional indemnity insurance cover and accelerated 5x rewards on medical supply purchase for the benefit of doctors running private clinics. Also, doctors incur 50 per cent higher international spends than regular customers and the card has been tailored to offer accelerated rewards on travel bookings and international spends.”