Insurers are now suggesting a CIBIL-like system in the industry, according to media reports. First, we need to understand what a credit score is in brief, and how it helps financial companies. The credit score provides individuals with credit history and financial behaviour. The higher the credit score, the better the individual’s creditworthiness. In fact, a high… Continue reading Insurers Are Now Suggesting A CIBIL-Like System In The Industry. What This Can Mean For The Policyholders
Category: Probus In News
Life Insurance नहीं लेने के नुकसान – क्या हैं अनजाने जोखिम
लाइफ में कब क्या हो जाए कुछ पता नहीं होता है। ऐसे में फाइनेंशियल एक्सपर्ट लाइफ इंश्योरेंस (Life Insurance) लेने की सलाह देते हैं। लाइफ इंश्योरेंस केवल खुद के लिए ही नहीं बल्कि परिवार की सिक्योरिटी के लिए बहुत जरूरी होता है। हम सेविंग या इन्वेस्टमेंट शादी, पढ़ाई, घर खरीदने के लिए करते हैं पर… Continue reading Life Insurance नहीं लेने के नुकसान – क्या हैं अनजाने जोखिम
Whole Life Insurance: Why It May Not Be A Good Idea
Whole life insurance is a type of insurance that provides you coverage for your entire life. A portion of the premiums is built into a cash value which grows and is guaranteed. On the death of the policyholder, the beneficiaries get a guaranteed death benefit. Premiums need to be paid for the entire lifetime of… Continue reading Whole Life Insurance: Why It May Not Be A Good Idea
IRDAI puts cap on senior citizen health insurance premium hikes – Know all about it
The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurance companies not to increase health insurance premiums for senior citizens by more than 10 per cent per annum. This strategy is intended to safeguard seniors from significant premium hikes while assuring ongoing coverage. Why the decision? Clarifying on the move- Rakesh Goyal, Director, Probus… Continue reading IRDAI puts cap on senior citizen health insurance premium hikes – Know all about it
Probus Earns Prestigious Great Place to Work® Certification for 2025-2026
In a world where company culture defines success as much as strategy, Probus, one of India’s leading insurance broking platforms has not just met the benchmark – it has set a new one. Certified™ as Great Place To Work® for 2025-2026, Probus has transformed the idea of a workplace into something far greater: it is… Continue reading Probus Earns Prestigious Great Place to Work® Certification for 2025-2026
Smart Strategies To Reduce Health Insurance Premiums For Senior Citizens
With rising healthcare costs health insurance is a must for everyone. However, it is even more crucial for senior citizens, who are more likely to have health issues. In a recent ruling, the Insurance Regulatory and Development Authority of India (Irdai) ruled that health insurance premiums for senior citizens cannot be increased by more than 10… Continue reading Smart Strategies To Reduce Health Insurance Premiums For Senior Citizens
Cyber Fraud and Digital Threats: Why Cyber Insurance is Essential in India’s Growing Digital Landscape
Globally, as well as in the domestic market, more and more people have adopted digital technology in recent years. People and businesses are increasingly using online platforms for work and other activities. Any evolution inevitably brings with it a set of challenges, and in this digital age, we are confronted with various cyber threats such… Continue reading Cyber Fraud and Digital Threats: Why Cyber Insurance is Essential in India’s Growing Digital Landscape
FDI limit for Insurance sector to be raised to 100% from 74%
The finance minister Nirmala Sitharaman while presenting the Union Budget 2025 announced to increase the foreign direct investment (FDI) limit for the insurance sector from 74 to 100 per cent. This enhanced limit will be available for only those companies which invest the entire premium in India. According to insurance industry officials, the move would… Continue reading FDI limit for Insurance sector to be raised to 100% from 74%
Pacific Palisades Wildfire: A Reminder Of Why You Need Home Insurance
The world is watching in horror as wildfires engulf parts of California. The wind-driven brush fire in Pacific Palisades and Malibu exploded on Wednesday, January 8, and by late evening, had charred more than 17,200 acres and destroyed approximately 1,000 structures. People had to leave their homes and run for safety. The fire did not… Continue reading Pacific Palisades Wildfire: A Reminder Of Why You Need Home Insurance
Union Budget 2025: बजट 2025 में सरकार बीमा पहुंच बढ़ाएगी, EV Sector को भी मिलेगा प्रोत्साहन
Union Budget 2025: अगले महीने फरवरी में आने वाले बजट से सभी सेक्टर को काफी उम्मीदें हैं। भारत में इंश्योरेंस का कारोबार तेजी से बढ़ रहा है, लेकिन अभी भी बहुत से लोग बीमा नहीं ले पाते हैं। सरकार से उम्मीद है कि वह बीमा क्षेत्र को बढ़ावा देने के लिए कुछ नए नियम बनाएगी। सरकार… Continue reading Union Budget 2025: बजट 2025 में सरकार बीमा पहुंच बढ़ाएगी, EV Sector को भी मिलेगा प्रोत्साहन