Category: Probus In News

As people become more dependent on digital platforms for banking, shopping and social interaction, cyber insurance offers a critical safety net. It protects against losses from digital crimes and provides access to professional help in managing and mitigating the damage. The premium for a Rs 10 lakh cover for an individual cyber insurance is Rs 600-1,500 a… Continue reading Cyber cover for digital natives

Just a few years ago, India’s startup landscape was still largely defined by the pursuit of scale and disruption, and the discussion around risk was mostly theoretical, limited to competition and investor exits. Today, in 2025, the same halls that buzzed with discussion around valuation and blitz-scaling are beginning to experience a different energy around… Continue reading Startups, lawsuits, and liability: Why insurance is no longer optional in 2025

In the aftermath of a layoff, one of the most immediate and overlooked consequences is the loss of health insurance. With rising medical costs, this can turn a difficult moment into a financial risk, especially if you have dependents or pre-existing conditions. In India, the moment your employment ends, your employer-provided health insurance coverage typically… Continue reading Layoffs Hit Finances Hard: How to Keep Your Health Insurance After Job Loss

In a rare but telling case, a Gujarat resident’s health insurance claim was rejected because his Google Timeline didn’t match the hospital location. According to a PTI report, Vallabh Matka from Silvassa was admitted to a hospital in September 2024 for viral pneumonia and later denied reimbursement by Go Digit General Insurance, which flagged discrepancies… Continue reading Man denied mediclaim over Google Maps mismatch: Here’s all you need to know

Small businesses in India are fast-growing, ambitious, and agile—but share a common problem of a lack of financial trust. Even when they are capable of delivering, small and medium sized enterprises (SMEs) often are disqualified or in greater cases get paid late for contracts simply because they can’t produce a bank guarantee. In an environment… Continue reading How Surety Bonds Are Unlocking Growth for Indian SMEs

Term insurance is one of the financial safety nets that protects the future of one’s family. This type of insurance ensures that loved ones remain protected in case of one’s absence and offers peace of mind. However, many people tend to make mistakes unknowingly while buying term insurance plans. Below are some of the most common ones… Continue reading 5 Common Mistakes To Avoid When Buying Term Insurance

Commercial flying depends on medical fitness as much as technical skill. Any sudden illness or medical condition can cost a pilot their licence to fly. To manage this risk, some pilots choose specialised insurance that covers loss of income if they are grounded for health reasons. Known as loss of licence (LoL) insurance, this provides… Continue reading Loss of licence insurance for pilots — what it covers and how it works

Your hospital bill came to Rs 3.5 lakh, and you had a sum assured of Rs five lakh. Yet, you receive a claim of only Rs 3 lakh. One reason for that could be the room rent limit in your policy. Room rent limit in health insurance refers to the maximum amount an insurer will… Continue reading Did You Choose A Premium Room? Your Insurance Claim Amount Might Shrink

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?