Advertisements
Advertisements
Question
What is Health Insurance?
Advertisements
Solution
In the mid-80s, most of the hospitals in India were government-owned, and treatment was free of cost. With the advent of Private Medical Care, the need for Health Insurance was felt, and various Insurance Companies introduced Health Insurance as a Product. Presently, health insurance exists primarily in the form of a ‘Mediclaim policy’.
RELATED QUESTIONS
Choose the Correct Answer.
______ is not a type of general insurance.
List any five important types of policies.
Give the meaning of crop insurance.
Explain the various types of Insurance.
In ______ insurance, insurable interest must exist both at the time of contract as well as at the time of loss.
Proof of age is required in case of insurance.
Name the type of insurance which is not a contract of indemnity.
What is meant by Non-Insurable Risk?
Give one example of Non-Insurable Risk.
What do you understand by 'Health Insurance'?
Explain the importance of marine insurance.
Discuss the procedure of establishing a claim and its settlement in fire insurance.
Define Marine Insurance.
Describe the kinds of marine insurance.
Explain the procedure for taking a life insurance policy.
Describe the procedure for settling claims under life insurance.
