A recent post on X triggered a debate about whether education plays a role in getting insurance in India. The user behind the post claimed that several insurance companies refused to offer them a term insurance policy because they did not have a degree or higher education certificate. The claim quickly drew attention online, with many people asking whether insurers in India… Continue reading Can you be refused health or term insurance based on your education?
Category: Probus In News
Less than 24 hours in Hospital? Know about health insurance coverage for day care treatments, surgeries, and emergency procedures
A lot of policyholders still believe that health insurance claims are approved only if a patient is hospitalized for at least 24 hours. Even if they know that shorter stays might be covered, many are still confused about the specific situations and medical emergencies that allow claims before hitting that 24-hour mark. That said, not… Continue reading Less than 24 hours in Hospital? Know about health insurance coverage for day care treatments, surgeries, and emergency procedures
Monthly Income Or Lump Sum: Which Life Insurance Settlement Works Better for Families
IRDAI POSP registration 2026 is your gateway to a flexible, rewarding career in India’s fast-growing insurance sector. Whether you’re a recent graduate, a career switcher, or someone looking for a second income stream, becoming a Point of Sales Person (PoSP) Advisor is one of the most accessible paths into the insurance industry. This guide walks you through the… Continue reading Monthly Income Or Lump Sum: Which Life Insurance Settlement Works Better for Families
Newborn Insurance Cover: The Hidden Gaps Every Parent Must Know
What happens when you welcome a bundle of joy? Can you cover the baby from Day 1? If not, what are the limitations? Let us take a look. The newborn baby cover is an optional cover that can be opted into under both group and family health insurance policies. In respect of both, the coverage… Continue reading Newborn Insurance Cover: The Hidden Gaps Every Parent Must Know
Market correction offers Ulip investors chance to rebalance their portfolios based on risk appetite
Given the market volatility, investors of unit-linked insurance plans (Ulips) should consider fund switching to optimise growth potential while managing risk. This will enable them to dynamically manage their portfolio without any additional cost. Investors should allocate a larger portion of their funds now to large-cap or diversified equity funds, which tend to be relatively more stable. As… Continue reading Market correction offers Ulip investors chance to rebalance their portfolios based on risk appetite
Excluded! What Insurance Agents Won’t Tell You
After five years of continuous coverage, Abhishek Shukla, 29, a Mumbai-based finance professional, ported his family floater health insurance policy in September 2024 as he was dissatisfied with the offerings. At the time of porting, he was assured that the waiting period benefit he had accumulated in the previous policy for certain diseases would continue… Continue reading Excluded! What Insurance Agents Won’t Tell You
Heatwave conditions: Common illnesses and what insurance typically covers
As heatwaves intensify across India, dehydration, heatstroke and infections remain key seasonal health risks, with experts outlining how these conditions present and how they are covered under health insurance. Bhagat Vachhaney, Associate President – Employee Benefits and Head of Benefit Consulting at Howden India, said heat-related illnesses range from direct impacts such as heatstroke, heat… Continue reading Heatwave conditions: Common illnesses and what insurance typically covers
How to build a Rs 1-crore education fund for your child without taking big risks
With college costs rising steadily at home and abroad, parents are now looking to build an education fund of around Rs 1 crore. The financial goal is achievable without taking excessive risks, provided you start early and follow a disciplined plan. The first step is to understand the power of time. If the child is very… Continue reading How to build a Rs 1-crore education fund for your child without taking big risks
Think You’re Covered? What Most Indians Overlook in Insurance Plans
There’s a pattern that repeats itself far too often in Indian households. A family faces a medical emergency or a sudden loss, policy document in hand, certain that they are protected. And then the reality sets in, not because the insurer failed them, but because the policy bought years ago simply wasn’t built for the… Continue reading Think You’re Covered? What Most Indians Overlook in Insurance Plans
Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDA
Delayed claim settlements, unresolved complaints, and subpar customer service have long been ongoing issues in the insurance sector, despite policyholders paying premiums for years. Now, in a significant move focused on policyholders, the Insurance Regulatory and Development Authority of India (IRDAI) has linked the pay and incentives of top insurance company executives to parameters such… Continue reading Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDA