Budget 2026 Expectations Live Updates: Come February 1, Finance Minister Nirmala Sitharaman will present her record ninth consecutive Union Budget — the longest streak ever by any finance minister — at 11 AM. Markets will stay open, with NSE and BSE operating regular trading hours, as investors and businesses brace for announcements shaping FY27. All… Continue reading Budget 2026 Expectations Live Updates: Finance minister must balance recovery and fiscal roadmap
Category: Probus In News
Eye-Care Expenses You Can’t Insure – And How To Plan for Them
From an insurer’s lens, eye care is still seen as a predictable and recurring expense rather than a sudden medical risk. Glasses, contact lenses, and routine eye check-ups are costs most people incur regularly, much like dental care. “Health insurance in India is primarily designed to protect against high, unexpected hospitalization expenses, not everyday medical needs.… Continue reading Eye-Care Expenses You Can’t Insure – And How To Plan for Them
Over 50% of vehicles lack third-party insurance; is yours among them? Know legal consequences, cost of coverage, and savings
A lot of vehicle owners believe they drive responsibly and follow every rule, but accidents can happen out of the blue, and it’s not always your fault. Just one unexpected accident could lead to legal issues and compensation claims running into lakhs, even if you weren’t at fault. The reason? You might not have third-party… Continue reading Over 50% of vehicles lack third-party insurance; is yours among them? Know legal consequences, cost of coverage, and savings
Kidney Transplants And Health Insurance: What’s Covered, What’s Not
In general, most comprehensive health insurance policies cover kidney transplants after the waiting period has ended. “Coverage generally includes hospitalization expenses related to the transplant surgery, which can include surgeon fees, intensive care unit (ICU) charges, the cost of a hospital room, diagnostic tests, and medications that are administered during the patient’s hospitalization,” says Arun… Continue reading Kidney Transplants And Health Insurance: What’s Covered, What’s Not
Home Loan Insurance Costs Less Than You Think
Home loan insurance primarily covers the outstanding loan amount in case of the borrower’s death. Some policies also cover permanent disability or critical illness. In such situations, the insurer settles the outstanding loan with the lender, helping the family retain ownership of the home. Home Loan Insurance Premiums Are A Small Portion of The EMI … Continue reading Home Loan Insurance Costs Less Than You Think
Higher health insurance coverage at least cost: Do super top-up plans live up to their promise? Mind the pitfalls
Nowadays, cancer treatment, organ transplant and other critical treatments can set you back Rs 10-15 lakh in just a few days. For a lot of families, that’s more than a year’s savings, all gone before they even get the discharge summary. With medical costs continuing to rise, many policyholders are increasingly chasing hefty health insurance… Continue reading Higher health insurance coverage at least cost: Do super top-up plans live up to their promise? Mind the pitfalls
Overseas Travel Insurance Rebounds: 96.73 Lakh Lives Covered In 2024-25
The Insurance Regulatory and Development Authority of India’s (Irdai) annual report for 2024–25 points to a sharp rebound in overseas travel insurance, mirroring the strong revival in outbound travel. During the year, insurers provided overseas travel cover to about 96.73 lakh individuals through nearly 27.97 lakh policies. This represents a substantial volume of international travel… Continue reading Overseas Travel Insurance Rebounds: 96.73 Lakh Lives Covered In 2024-25
Things to keep in mind while buying health insurance for parents in high-pollution areas
Choosing the right health insurance is no easy task, and most of us make critical mistakes in the process, especially for parents in high-pollution areas. A common mistake health insurance buyers make is to underestimate respiratory risks and opt for low-coverage plans. Such health insurance plans don’t provide adequate coverage for pollution-related complications, even though… Continue reading Things to keep in mind while buying health insurance for parents in high-pollution areas
How Often Should You Upgrade Your Health Insurance
Health insurance is vital for everyone, especially because the increase in health care costs due to increases in hospital costs, new technology, and a higher utilization of private clinics has caused medical inflation in India to be 10-14 per cent. However, health insurance is not something you can buy and forget. Why You Need To… Continue reading How Often Should You Upgrade Your Health Insurance
Health Wearables Offer Incentives, Not Meaningful Premium Cuts
In India, premiums tied to wearable devices are currently undergoing trials and have not yet proven to be a viable means of lowering overall insurance costs. Nevertheless, they create incentives for users to engage in healthier behaviours as well as provide insurers with better visibility into the true risk profile of a policyholder in real… Continue reading Health Wearables Offer Incentives, Not Meaningful Premium Cuts