Category: Probus In News

If you feel let down by your current health insurance provider because of increasing premiums, restricted coverage, unsatisfactory customer service, or a hassle-filled claims process, then remember, you have a way out. You can switch insurers through health insurance portability if your current health insurance company no longer meets your needs. Keep reading to learn… Continue reading Not happy with your health insurer? How portability helps you switch without losing benefits

In an interaction with Adlin Pertishya Jebaraj, Correspondent at Finance Outlook, Rakesh Goyal – Director, Probus Insurance Broker Private Limited, shares that financial planning begins with risk protection, including health, life, assets, and liabilities, before wealth creation. He highlights a significant financial literacy gap in India, where retirement planning is often delayed as people’s priorities and… Continue reading Financial Planning: From Risk Protection to Wealth Growth

If you have held multiple insurance policies over the years, switched insurers, ported policies, or filed claims, there’s a high chance your records are scattered across different companies and intermediaries. In such cases, accessing your history, filing a claim, or switching insurers, becomes a challenge as there is no single place where all your insurance… Continue reading Lost insurance records? Here’s how IRDAI’s Public Insurance Registry aims to fix the problem for policyholders

अगर आपने पिछले कुछ सालों में कई बीमा पॉलिसियां ली हैं, कंपनियां बदली हैं या क्लेम किया है, तो इस बात की पूरी गुंजाइश है कि आपके रेकॉर्ड अलग-अलग कंपनियों और एजेंटों के पास बिखरे हुए हो सकते हैं। ऐसी स्थिति में आपके लिए अपने ही रेकॉर्ड देखना या कंपनी बदलना मुश्किल हो जाता है।… Continue reading खो गए हैं बीमा के पेपर? टेंशन खत्म, IRDAI के नए PIR प्लान में दिखेगी हर पॉलिसी की कुंडली

Life insurance is an important part of one’s financial planning. However, while it is easy to get insurance if you are young and healthy, it might be difficult to get life insurance if you are a high-risk individual. High-risk individuals may include people with pre-existing diseases like diabetes, hypertension, and heart conditions; senior citizens; those… Continue reading Hazardous Jobs And Health Risks: A Guide To Securing Sustainable Life Cover

Individuals must select travel insurance policies that specifically cover involuntary flight cancellations, trip interruption, and medical evacuations. The war in West Asia is leaving Indian travellers financially exposed, as most standard travel policies exclude losses arising from acts of war. Travellers should align their plans with government advisories and opt for refundable fares and hotels with free cancellation policies.… Continue reading Look for travel insurance that covers flight cancellations

When staying in a live-in relationship, insurance does not work in the same way as it does for married couples. Here is what to keep in mind to protect financial interests and stay legally compliant. Life Insurance: Nominees And Estate Planning Life insurance policies typically designate a nominee for the amount the insurance provider will pay.… Continue reading Protect Each Other Financially: Insurance Essentials For Unmarried Partners

In India, there are many health policies that now cover the Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy framework (AYUSH). In fact, the Insurance Regulatory Development Authority of India (Irdai) has mandated that insurers treat AYUSH treatments at par with allopathic treatments. However, it still comes with certain conditions. We take a look. Hospitalisation Is… Continue reading AYUSH Treatments And Health Insurance In India: What Policyholders Need To Know

What happens if you need hospitalisation more than once a year? For such situations, there are covers with sum insured restoration features that restore your cover once it expires. We take a look. The sum insured restoration feature activates automatically. “It replenishes the coverage amount after it’s been drawn upon, in whole or in part, due to… Continue reading Restoration In Health Insurance: Useful, But Not A Safety Blanket

A Rs 1-crore health insurance cover might seem excessive today but financial experts argue that the real risk is being underinsured. As medical costs soar, the focus shifts from immediate hospital bills to expenses that may arise years later. “When I suggest a Rs 1-crore health insurance cover to clients, I often get the same look, a… Continue reading Does it make sense to buy a Rs 1-crore health insurance policy?