Bridging the SME Insurance Gap in India – A Conversation with Probus and SMEStreet

Small and Medium Enterprises (SMEs) are the lifeblood of the Indian economy, driving innovation, employment, and growth. Yet, a significant portion of these vital businesses remains uninsured, leaving them vulnerable to a myriad of risks. To shed light on this critical issue and explore pathways to greater insurance penetration, SMEStreet.in recently sat down for an… Continue reading Bridging the SME Insurance Gap in India – A Conversation with Probus and SMEStreet

Air India Plane Crash: What Happens Financially After A Plane Crash? The Role Of Travel And Life Insurance

The Air India plane crash on June 12 that killed 241 people on board goes to show how unpredictable life is. A flight from Ahmedabad headed to London crashed minutes after takeoff, and in the resulting explosion, almost all the passengers died. There was only one survivor from that ill-fated flight. One may plan for every… Continue reading Air India Plane Crash: What Happens Financially After A Plane Crash? The Role Of Travel And Life Insurance

Brain Tumour Can Be Life-Threatening And Costly To Cure: Here Is How Insurance Can Help

Sunday, 8th June, was World Brain Tumour Day. A brain tumour, perhaps, can lead to fatal consequences if left untreated or is not successfully treated. Treatment can be complex and expensive. However, health insurance can come to the rescue. In India, brain tumours are a significant health concern. 40,000 to 50,000 new cases are diagnosed every… Continue reading Brain Tumour Can Be Life-Threatening And Costly To Cure: Here Is How Insurance Can Help

War & Terror: Does Your Insurance Cover You? What Indians Need To Know Now

With rising tensions along India’s borders and increasing global conflict, insurance is no longer just a tool for medical bills or asset protection. It’s a form of geopolitical risk management. Yet, for most Indian policyholders, the question remains unanswered: Will my insurance cover me if a war or terror event strikes? Contrary to earlier belief,… Continue reading War & Terror: Does Your Insurance Cover You? What Indians Need To Know Now

Knee Replacement Surgeries Are Covered By Insurance: Know The Fine Print

Knee replacement that is medically necessary, like any other illness requiring hospitalisation, is fully covered under standard health insurance and is not an exclusion, subject to waiting periods or pre-existing conditions as may be applicable.  It actually depends on the specifics of your policy. Most comprehensive health insurance policies now include knee replacement surgery, although the level of coverage varies. “For example, while the surgery itself may be covered, fees such as room rent… Continue reading Knee Replacement Surgeries Are Covered By Insurance: Know The Fine Print

Can you depend upon home loan insurance policy, which is often tied up with loan?

The last thing one worries about when they lose a loved one or when their family members are fighting for their life in a hospital is how all the rapidly increasing medical bills will be paid. Those who have an insurance policy believe the insurer will take care of it, and rightfully so. After all,… Continue reading Can you depend upon home loan insurance policy, which is often tied up with loan?

HR Strategies for a Multi-Generational Workforce : A Conversation with Akhilesh Panday, Head – HR, Training & Development at Probus

HR Strategies for a Multi-Generational Workforce: The Probus Way In today’s fast-evolving workplace, creating a culture that balances structure with flexibility, tradition with innovation, and performance with empathy is no small feat – especially in industries as demanding as insurance broking. At the heart of this transformation at Probus is Akhilesh Panday, a seasoned HR leader… Continue reading HR Strategies for a Multi-Generational Workforce : A Conversation with Akhilesh Panday, Head – HR, Training & Development at Probus

Why MSMEs can’t afford to ignore cyber insurance

In 2024, cybercrime in India surged to record highs. According to the Indian Cyber Crime Coordination Centre (14C), more than 17 lakh complaints were filed in the first nine months alone. And the financial loss surpassed ₹11,000 crores. Here are some more statistics. Indian businesses could lose ₹20,000 crores this year due to cybercrimes, says… Continue reading Why MSMEs can’t afford to ignore cyber insurance

Go for three-year vehicle cover

Purchasing a comprehensive three-year insurance policy for a car can lead to significant savings on premiums, especially in case of a new electric vehicle (EV). Unlike an internal combustion engine, the insurance premium for an EV increases as the car ages. Car owners benefit from lower costs by choosing a three-year policy rather than purchasing the… Continue reading Go for three-year vehicle cover

How the Married Women’s Property Act protects life insurance: Benefits and eligibility explained

When buying life insurance, most people focus on the sum assured, policy term, and premium. But there’s one lesser-known feature that can make a huge difference in protecting your family’s future — the Married Women’s Property Act (MWPA), 1874. What is MWPA? The MWPA is a legal provision that ensures the life insurance payout goes only to… Continue reading How the Married Women’s Property Act protects life insurance: Benefits and eligibility explained