Category: Probus In News

Tier-3 cities and smaller towns are now driving India’s insurance growth, contributing nearly 62 per cent of all new insurance business in FY 2024-25, according to a report by Probus, a InsurTech and insurance broking firm. The trend marks a significant decentralisation in the country’s insurance landscape, with emerging regions stepping into a more dominant… Continue reading Tier-3 Cities Contribute 62% Of New Insurance Premiums In FY25

Currently, with geopolitical tensions all the world over, travel comes with more risk. In such a scenario, it might make sense to stay additionally protected when you are traveling. And that is where premium travel insurance policies come in. Additional Peace Of Mind With Premium Travel Insurance  A premium travel insurance policy usually means a… Continue reading War In Europe, Middle East: Travel Has Gotten Riskier—Your Insurance Should Keep Up

A wedding is certainly one of the biggest events of your life. But life is uncertain, and there are reasons why you have to cancel or delay your wedding. And this may lead to a loss of lakhs of rupees, which you have already spent on planning for the wedding. Wedding insurance protects you against such eventualities.… Continue reading Big Fat Indian Wedding? A Small Insurance Premium Can Save You Lakhs

As India’s active Covid-19 cases have crossed the 7,000-mark, individuals must ensure that their health insurance policy includes outpatient department (OPD) and consumables cover. They should also assess whether the policy includes home care or domiciliary hospitalisation. An OPD cover will ensure that the insured and his family are protected even when hospitalisation isn’t required, by covering… Continue reading Check if your health plan is Covid-ready

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

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

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

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 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

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?