Category: Probus In News

Like your mobile number, it is possible to port your health insurance policy. The Insurance Regulatory and Development Authority of India (Irdai) has introduced health insurance portability to empower policyholders across the country. “This option allows individuals to transfer their health insurance policies seamlessly to another insurer if they are dissatisfied with their current coverage or services. By… Continue reading Port Your Health Insurance Policy To Ensure Same Coverage

With rising costs of healthcare, health insurance is mandatory for all. Astandard health insurance policy covers your medical expenses when you are hospitalised. However, there are a plethora of medical expenses which does not require one to be hospitalised. These can be doctor consultations, clinic visits, diagnostic treatments and so on and these can burn… Continue reading OPD Insurance: Trim Your Medical Bills

If a policyholder wants to exit his life insurance policy during the initial years, he will get a higher refund from the insurance company now. After several rounds of discussions and proposals, the Insurance Regulatory and Development Authority of India (IRDAI) has ordered a higher special surrender value (SSV) for traditional endowment policies. Now, the… Continue reading Higher refund on premature exit from life insurance policy as IRDAI introduces new surrender value rule; check how much you will get