Category: Probus In News

Monsoon season brings cool weather and green surroundings; but at the same time it also brings a spike in seasonal illnesses like dengue, malaria, typhoid, and viral flu. Hospital visits and medical bills tend to rise during this time. This is why it becomes even more important for families to ensure their health plan is… Continue reading Is Your Health Insurance Monsoon-Ready? What to Check Before the Season Peaks

While usually it’s not required, single individuals without dependents can indeed benefit from life insurance in case they have financial responsibilities, which could include outstanding debts and potential support for ageing parents. “Life insurance can prevent these financial burdens from falling on family members or co-signers. Additionally, purchasing coverage while young and healthy typically results in lower premiums,… Continue reading Do Single Individuals Need Life Insurance?

Since medical costs are rising rapidly, insurance is a must. However, some hospitals may charge you more just because you are insured by a health insurance cover. This might be a concern, especially if the treatment does not fall under a pre-listed package. Says Sarita Joshi, head, health and life insurance, Probus: “Bill inflation in… Continue reading Overbilled At Hospital: Here’s What Every Policyholder Must Know

Heading abroad for higher education is exciting, but navigating health insurance can be tricky. International students often make costly mistakes that can leave them vulnerable in a new country.  From choosing inadequate plans to ignoring the regulations of the country, these errors can lead to financial stress or denied claims.  Rakesh Goyal, Director of Probus,… Continue reading Heading to a new country for higher education? Avoid these 5 common health insurance mistakes

Most health insurance policies will require a medical test. However, some insurers may offer you a health policy even without a medical check-up, especially if you are young. These policies are normally available for those aged 18-45 years. At this age, insurers assume lower health risks and issue the policy almost immediately with minimal paperwork.… Continue reading No Medical Test Needed? Here’s The Hidden Catch In Instant Health Policies

As INTEREST rates fall, retirees planning to buy an immediate annuity should lock in at current rates to get higher guaranteed payouts for life. The annuity rates of life insurers are directly linked to the 10-year government bond, which has fallen to 6.28% now from 6.78% on January 1 this year. Life insurers are revising the rates… Continue reading Lock into annuities now

Saving Rs 2 crore by the age of 35 is a remarkable financial achievement—but it’s only the beginning. With this amount, one would be able to decide to retire at 45 or 50, but it will depend on sustainability. They also need to factor in lifestyle requirements, health, inflation, and whatever future income needs they… Continue reading I Have Managed To Save Rs 2 Cr Through My Job; I Am Now 35 Years Old: How Soon Can I Retire?

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