Shocking Reason Why Health Insurance Claims Get Rejected #shorts

What is health insurance?

Below are given statements followed by some conclusions. You have to take the given statements to be true even it they seem to be at variance with the commonly known facts. Statements 1. Health insurance in India caters only to rich. 2. Health insurance sector should be regulated Conclusions I. Health insurance sector should be nationalised. II. Health Insurance is not required for poor. Decide which of the given conclusion logically follow(s) from the given statements. (A) Neither I or nor II follows (B) Either I or II follows (C) Only conclusion I follows (D) Only conclusion II follows

Study the following cases and answer the given questions: (a) Chatan gats his oil-godown doubly insured against fire for Rs 5,00,000 with insurer 'Easy General Insurance' and for Rs 15,00,000 with insurer 'Risk free Insurance (P) Ltd'. Due to a short circuit, an unforeseen loss by fire of oil stock worth Rs 6 Lakh occurred on 11th September. How much cornpensation can be claim from each of the insurers? Give reassons. (b) Anand was suffering from terminal intestinal cancer disease, which he did not disclose while taking a medical cum heath insurance policy from Star Health Insurance (P)Ltd. Can he legally succeed to get claim for reimbrusement of hospitalization bills under the Mediclaim policy? Why?

Mr. Rajiv took an Insurance Policy against his car and after three months he soid it to Mr. Kallash. The car was stolen from outside of Mr. Kailash's house . Mr. Rajiv made a claim to Insurance company . His calaim wa rejected on the ground that Mr. Rajiv was no longer owner of the car, so he has no insurable Interset and he has no financial loss of the car. (a) What does 'Principle of Insurable Interest state' ? (b) Was Mr. Rajiv right in making claim ? (c) Who should get the compensation ?