To support its customers amidst COVID-19 pandemic, DBS Bank India has partnered with Bharti AXA to roll out a complimentary health insurance cover.
This will cover all medical conditions, including COVID-19 and up to 10 days of hospitalization, with a cover of Rs 5000 per day, for a period of 30 days.
Priyashis Das, Executive Director and Head- Branch Banking and Wealth Management, DBS Bank India said, “We recognise the importance of extending our support to customers during this critical time. In view of the evolving situation with COVID- 19, the insurance scheme is designed to give our customers peace of mind if they seek medical treatment, knowing that they are protected. We will continue our endeavor to come together as a community in this time of need.” The bank said that it is conducting periodic meetings with its insurance partners to ensure seamless and end-to-end online access to these facilities and improvisation to the products.
All DBS customers can purchase health insurance products that are currently offered on the digibank app through their General Insurance partners. To ensure further safety of its customers, the bank will be adding an anti-microbial coating across all its ATMs and biometric devices. DBS Bank India has also started an Emergency Global Medical Assist Program to provide 24×7 access to medical support. This includes guarantee of payments for hassle-free hospitalisation and arrangement of emergency medical evacuation for NRIs with dependents in the country. Globally, DBS has enhanced community support measures for customers by offering complimentary COVID-19 insurance coverage.
For SMEs, DBS has rolled out digital initiatives to enable companies in fast tracking their digital adoption and transaction fulfilment needs. Additional financial liquidity relief measures were also introduced to help Singapore SMEs and corporates address their urgent cash-flow needs.