Category: Probus In News

Earlier, you could only get cashless treatment at a hospital that had a formal tie-up with your insurer. That meant patients often had to check a list before admission, and in emergencies, families scrambled to find a “network hospital.” With “Cashless Everywhere,” that restriction is being removed. “Now, policyholders can avail cashless treatment at almost any hospital… Continue reading Cashless Everywhere Isn’t Really Everywhere: Hidden Gaps In The New Health Insurance Promise

You’ve been through a very bad period, and a loved one has just passed away. It’s during these very traumatic and trying times that you have to get involved with that great bugbear – life insurance. Or the benefit from the recently deceased. While this insurance may help you to tide over the trying financial… Continue reading Why life insurance claims get delayed or rejected, and what you can do

Critical illnesses, which include cancer, are expensive to treat; hence, insurance is crucial. A comprehensive health insurance plan covers against critical illnesses, but add-on protections can also come in handy. A critical illness rider attached to a term insurance plan usually works as a handy add-on; however, the scope is limited. The payout is usually… Continue reading Don’t Mistake Riders For Complete Critical Illness Insurance

India’s ambitious push towards greener fuels is facing a fresh challenge — this time from the insurance sector — as concerns mount over vehicle damage from E20 petrol and the possible rejection of claims. While ethanol blending is promoted by policymakers as a solution for environmental, economic, and energy woes, the rollout’s practical implications are… Continue reading India’s Ethanol Push Meets Roadblock As Insurers Warn On E20 Claims

Paid the lump sum premium for your 3-year health insurance or single premium life insurance policy upfront, only to learn that GST on premiums has been slashed from 18% to 0% starting September 22? With the insurance premium, you must have paid GST on all future premium amounts. If you’re now wondering whether you’ll get a GST… Continue reading GST exemption on insurance premium: Will you get a refund if you paid a multi-year premium on your policy?

Term plans are the purest form of life insurance and are an essential part of financial planning. Term plans are available with a host of premium paying term and policy term combinations to choose from.  A good way to think about term-insurance duration is to match the policy period to the years in which one’s… Continue reading Guide To Decide How Long Your Term Insurance Should Last

In a major patient care financing, the scope of health insurance is evolving. Traditionally focused on hospitalisation and acute care, insurers are now integrating everyday wellness into their offerings. IRDAI (Insurance Regulatory and Development Authority of India), has meticulously begun to match what real Indian families need. This shift reflects a broader strategy: improving long-term… Continue reading India’s health insurance expands beyond hospitals to enter everyday care

The Goods and Services Tax (GST) is getting its biggest update since 2017, and one of the most notable changes affects individual life and health insurance. From September 22, 2025, premiums for these policies are expected to be fully exempt from GST. This could make insurance more affordable for millions of households and encourage wider… Continue reading Life and health insurance premiums exempt from GST: How much will you save?

You can port your health insurance policy if you are not happy with it. However, there is a need to understand that the portability in health insurance is not unconditional, like mobile number porting, where one can easily switch from one service provider to another. Portability Comes With Conditions, Not Guarantees “In health insurance, porting is subject… Continue reading Health Insurance Portability: Not As Simple As Mobile Number Porting

Incorporating terrorism into coverage enables insurers to offer travel insurance policies that protect consumers financially when a medical emergency, trip cancellation, or accidental death occurs due to terrorism. Wars or terrorist activities can affect your travel; however, there is a marked difference in how travel insurance covers both. We take a look. Insurers keep a… Continue reading Travel Insurance Explained: The Fine Line Between Terrorism And War