Category: Probus In News

Non-resident Indians (NRIs) who frequently visit India should buy a separate health insurance policy in India as an international cover may not offer comprehensive protection here. While travel insurance may provide a safety net for health-related risks during visits home, it may not address ongoing health issues or chronic conditions. Buying a health cover in India offers the advantage… Continue reading Buying health plan in India can help NRIs during visits here

From centralised storage to 24/7 access and seamless claims, e-insurance accounts offer a secure, paperless solution for managing all your policies in one place. In today’s digital age, managing important financial documents has become easier and more secure, and the insurance sector is no exception. An e-insurance account is a convenient solution to keep all… Continue reading 5 Reasons Why An E-Insurance Account Makes Managing Your Finances Effortless

Probus, appoints Anand Agrawal as Chief Technology Officer (CTO), a distinguished technology leader with over two decades of experience in the BFSI and Healthcare sectors, Agrawal will be instrumental in shaping Probus’s technology vision and accelerating its mission to transform insurance distribution through innovative solutions. Agrawal’s extensive experience spans leadership roles at Docplexus, where he… Continue reading Probus Strengthens Leadership With The Appointment Of Anand Agrawal As Chief Technology Officer

Life is unpredictable. While meeting daily responsibilities, some things fall through the cracks. For many, this includes missing insurance policy premium payments. When this happens, the policy can lapse, leaving you and your loved ones vulnerable without coverage. The good news is that in most cases, a lapsed insurance policy can be reinstated. Here’s how… Continue reading How you can reinstate your lapsed insurance policy. Follow these simple steps

As senior citizen health insurance premiums continue to rise, opting for a co-pay option can be a practical way to manage costs. Co-payment significantly lowers the insurance premium, making it more affordable for those who may have limited income post-retirement. The insured agrees to pay a part of the medical expenses, while the insurer covers… Continue reading Senior citizens can opt for it to reduce their premiums

When it comes to managing insurance policies, one of the key decisions policyholders might face is whether to pay their premiums in advance or make regular payments. One reason why you may want to put your money in advance is the possibly unforeseeable changes in your financial situation later, such as the non-availability of funds… Continue reading Should You Pay Premiums In Advance, Here Are The Benefits And Disadvantages

The insurance sector in India, despite its rapid growth, faces significant challenges in reaching the vast and diverse population of the country. A large segment of the population remains underinsured or uninsured, primarily due to a lack of awareness, accessibility issues, and the complexity of insurance products. In this context, Point of Sales Persons (POSPs)… Continue reading How POSPs Bridge the Insurance Gap in India

The insurance sector is in the midst of a profound transformation, with technology driving the change and reshaping its future. At the center of this shift is the Insurtech industry, which is increasingly relying on machine learning (ML) to enhance policy design, improve the accuracy of risk assessments and other range of issues. The shift… Continue reading Revolutionising insurance: How machine learning is driving personalised policy solutions

Health insurance has become essential to financial planning, especially in India, where medical expenses are rising rapidly. But many people ask a common question: “When is the right age to purchase a health insurance policy?” The answer is simple — the sooner, the better. Let’s explore why. Why Early is Better? Lower Premiums: Health insurance… Continue reading What Is The Right Age To Purchase A Health Insurance Policy?

Buying a term plan where the sum assured goes up to match the growing responsibilities is ideal for young people. Such a policy helps combat inflation by ensuring that the coverage remains adequate even as the cost of living rises, providing long-term financial security for their loved ones. Typically, young people at the beginning of… Continue reading Future-proof your term insurance plan