Category: Probus In News

Most of us do not remember our car insurance policy details off the back of our hand. Many times, the death of the sole financial decision maker, or the breadwinner of a family, leaves behind members who are unaware of policy details. This might lead people to believe that your insurer can reject your claim… Continue reading Wrong insurance details won’t lead to denial of third-party accident claims, rules Jharkhand High Court

Given the unique technology in electric vehicles (EVs), opting for a battery protection or replacement rider could be a smart choice when buying motor vehicle insurance for your EV. It can help prevent significant out-of-pocket expenses, particularly for those driving long distances regularly or residing in areas with extreme temperatures that can affect battery health. In… Continue reading Drive green with a battery rider

In the past couple of years, a critical change has been observed in different industries across India. More number of female gig workers are coming forward to contribute to different industries and grow their careers. One such notable change has also been observed in the insurance sector, wherein women are helping other people by creating… Continue reading Rise of Women Gig Workers in Powering India’s Evolving Insurance Penetration

Many among us plan the vacation with our family or friends and organise travel and stay options far in advance. Everybody looks forward to their vacations as they provide an opportunity to relax, discover new locations, and make lifelong memories—a relief from the daily grind. While selecting a hotel or booking a ticket is more… Continue reading Planning a Summer Getaway? Here’s why insurance is the most important thing you can pack

With the government proposing a complete ban on the import of internal combustion engine (ICE) vehicles by 2030, the push towards electric vehicles (EVs) is evident. The rationale is strong—EVs promise a cleaner environment and are positioned as a sustainable solution to India’s pollution problem. The impact is already visible, with nearly two million EVs… Continue reading Buying an electric car? Before spending big bucks, factor these hard facts

The agricultural sector and its related industries continue to be the fundamental foundation of the Indian economy, providing numerous possibilities for employment. This sector contributes considerably to the country’s GDP and has a direct impact on food security, as well as supporting livelihoods and economic growth. Despite several steps taken by the government to protect… Continue reading Transforming India’s agricultural insurance for a resilient future

पहले के समय में जब लोग Insurance खरीदते थे तो उसका मकसद सिर्फ टैक्स बचाना होता था। लाइफ इंश्योरेंस को एक निवेश की तरह देखा जाता था जिससे मैच्योरिटी पर पैसा भी मिले और हर साल टैक्स में छूट भी मिल जाए। लेकिन अब यह सोच धीरे-धीरे बदल रही है, और इसकी वजह  सरकार का… Continue reading अब टैक्स नहीं, सुरक्षा है असली मकसद; बदलते Tax Rule में Insurance खरीदने का नजरिया बदलेगा

The claims ratio for the non-life insurers stands at 82.52 per cent, according to the Insurance Regulatory and Development Authority of India’s (Irdai) report for 2023-2024. This shows that around 17.48 per cent of claims remained unpaid during that fiscal year.  Here are the reasons why a number of non-insurance claims remain unsettled despite regulatory oversight: … Continue reading Non-Life Insurance Woes: Why Many Claims Still Go Unpaid

Anyone with a child, a spouse, a life partner, or a parent as a dependent needs life insurance. Purchasing a life insurance product has recently become an online business. The percentage of customers purchasing an online insurance product is considerably higher compared to what it was 10 years ago. Consider a prospective customer visiting an… Continue reading How AI-Powered Online Platforms Are Revolutionizing Life Insurance Recommendations

Care Health Insurance has temporarily stopped servicing cashless claim settlements across all 12 Max hospitals across Delhi-NCR effective February 17, 2025. This includes 8 super-specialty hospitals, 2 multi-specialty centers, one hospital in Gurgaon, and one cancer care center in Lajpat Nagar, Delhi. However, Max Healthcare has clarified that the hospital chain stopped the cashless services… Continue reading No cashless claim in Max Hospitals in Delhi NCR for policyholders of CARE Health Insurance