Category: Probus In News

What happens if you need hospitalisation more than once a year? For such situations, there are covers with sum insured restoration features that restore your cover once it expires. We take a look. The sum insured restoration feature activates automatically. “It replenishes the coverage amount after it’s been drawn upon, in whole or in part, due to… Continue reading Restoration In Health Insurance: Useful, But Not A Safety Blanket

A Rs 1-crore health insurance cover might seem excessive today but financial experts argue that the real risk is being underinsured. As medical costs soar, the focus shifts from immediate hospital bills to expenses that may arise years later. “When I suggest a Rs 1-crore health insurance cover to clients, I often get the same look, a… Continue reading Does it make sense to buy a Rs 1-crore health insurance policy?

For many years, rural insurance in India has been primarily driven by intent. It is frequently mentioned in regulatory debates, inclusion goals, and social outreach initiatives, but is seldom integrated into the main business strategy. In the majority of boardrooms, it is viewed as a duty—something insurers are required to do rather than an opportunity… Continue reading Why rural insurance is still India’s most underestimated growth market

With the rising tension in the Israel–Iran conflict, many families are worried about their financial safety if something tragic happens overseas. One major worry is whether life insurance claims could be denied if a policyholder dies in a war or conflict. Here’s what both policyholders and nominees need to understand about how life insurance policies… Continue reading Can life insurance claims be denied if the policyholder dies during the Israel-Iran war?

India’s insurance sector could soon see a significant shift in how companies report their financial performance. The Insurance Regulatory and Development Authority of India (IRDAI) has proposed introducing a new accounting framework for insurers from April 2026, aimed at aligning India’s financial reporting standards with global practices. In a consultation paper released this week, the… Continue reading IRDAI Plans Accounting Overhaul For Insurers — What Will Change For Policyholders?

If you require any treatment for skin conditions, insurance will cover you if it is a medical necessity, not otherwise. This is an important difference one needs to understand when it comes to dermatological treatments and insurance. What Is Covered, What Is Not “Under most of the comprehensive health insurance policies, dermatological treatments are covered when… Continue reading Skin Treatments And Insurance: What’s Really Covered?

Cyber risk is often considered under the realm of the IT department, not a board-level balance sheet concern.  Cyber risk is rising; insurance adoption is not. The conversation often starts with the usual covers. A business owner walks in to discuss fire, health, or group medical renewal. The balance sheet of the company is reviewed,… Continue reading India’s cyber risk paradox: High attack rates, low insurance preparedness

While situations is getting worse in the Middle East following the retaliatory attacks by Iran in neighboring countries targeting the US bases, several flight carriers have announced to reroute and cancel flights as a restriction measure. This regional sky closure has left thousands of passengers stranded in the Middle East countries, including Dubai, Abu Dhabi,… Continue reading Middle East Airspace Closure: Will Your Travel Insurance Pay For Delays And Cancellations?

For years, a medical emergency in India often came with two battles: the fight for timely treatment and the scramble to arrange money. Families would rush loved ones to hospitals only to discover that cashless treatment was possible only at select “network” facilities. Others demanded hefty deposits before a single test was conducted, forcing relatives… Continue reading Cashless everywhere: Transforming medical crises into care, not chaos

Work was once a simple, cold equation: a barter of time for a pay check. For years, companies and employees operated within this transactional understanding. But as workplaces evolved, people began seeking more than just roles and salaries; they wanted purpose, belonging and to be valued as individuals. In the demanding world of insurance broking,… Continue reading Probus Secures its Legacy as a Great Place To Work®️ with an Elite 96% Rating Two Years in a Row