Category: Probus In News

Many among us plan the vacation with our family or friends and organise travel and stay options far in advance. Everybody looks forward to their vacations as they provide an opportunity to relax, discover new locations, and make lifelong memories—a relief from the daily grind. While selecting a hotel or booking a ticket is more… Continue reading Planning a Summer Getaway? Here’s why insurance is the most important thing you can pack

With the government proposing a complete ban on the import of internal combustion engine (ICE) vehicles by 2030, the push towards electric vehicles (EVs) is evident. The rationale is strong—EVs promise a cleaner environment and are positioned as a sustainable solution to India’s pollution problem. The impact is already visible, with nearly two million EVs… Continue reading Buying an electric car? Before spending big bucks, factor these hard facts

The agricultural sector and its related industries continue to be the fundamental foundation of the Indian economy, providing numerous possibilities for employment. This sector contributes considerably to the country’s GDP and has a direct impact on food security, as well as supporting livelihoods and economic growth. Despite several steps taken by the government to protect… Continue reading Transforming India’s agricultural insurance for a resilient future

पहले के समय में जब लोग Insurance खरीदते थे तो उसका मकसद सिर्फ टैक्स बचाना होता था। लाइफ इंश्योरेंस को एक निवेश की तरह देखा जाता था जिससे मैच्योरिटी पर पैसा भी मिले और हर साल टैक्स में छूट भी मिल जाए। लेकिन अब यह सोच धीरे-धीरे बदल रही है, और इसकी वजह  सरकार का… Continue reading अब टैक्स नहीं, सुरक्षा है असली मकसद; बदलते Tax Rule में Insurance खरीदने का नजरिया बदलेगा

The claims ratio for the non-life insurers stands at 82.52 per cent, according to the Insurance Regulatory and Development Authority of India’s (Irdai) report for 2023-2024. This shows that around 17.48 per cent of claims remained unpaid during that fiscal year.  Here are the reasons why a number of non-insurance claims remain unsettled despite regulatory oversight: … Continue reading Non-Life Insurance Woes: Why Many Claims Still Go Unpaid

Anyone with a child, a spouse, a life partner, or a parent as a dependent needs life insurance. Purchasing a life insurance product has recently become an online business. The percentage of customers purchasing an online insurance product is considerably higher compared to what it was 10 years ago. Consider a prospective customer visiting an… Continue reading How AI-Powered Online Platforms Are Revolutionizing Life Insurance Recommendations

Care Health Insurance has temporarily stopped servicing cashless claim settlements across all 12 Max hospitals across Delhi-NCR effective February 17, 2025. This includes 8 super-specialty hospitals, 2 multi-specialty centers, one hospital in Gurgaon, and one cancer care center in Lajpat Nagar, Delhi. However, Max Healthcare has clarified that the hospital chain stopped the cashless services… Continue reading No cashless claim in Max Hospitals in Delhi NCR for policyholders of CARE Health Insurance

According to a recent news report, an elderly woman’s trip to visit her family in Canada turned into a nightmare when her insurance provider denied her a claim for a medical bill of Rs 82 lakh! They rejected it on the ground that she had a pre-existing disease (PED). However, the family said that they were unaware of any such previous heart issues. Faced with circumstances like this, what can you do?… Continue reading Health Insurance Claim Denied? Here’s How Seniors Can Get The Right Help

Let us say that a doctor is sued for misdiagnosis. Professional indemnity cover provides compensation against any legal fees or compensation.  Professional indemnity insurance is a type of insurance plan that provides coverage to professionals (those who offer professional services or advice) such as engineers, doctors, lawyers, accountants, consultants, architects, etc. It protects them from any… Continue reading What Is Professional Indemnity Cover And Do You Need It?

As FY 2024-2025 is nearing an end, it’s important for the policyholders to understand and explore different ways to optimise their tax liabilities beyond section 80C of the Income Tax Act when opting old tax regime. While most taxpayers are aware of the tax benefits associated with section 80C, many of them might have still… Continue reading Think beyond 80C: How insurance can help optimise your tax liabilities while opting old tax regime