MEDICLAIM HEALTH INSURANCE POLICY–A STUDY ON CONSUMER BEHAVIOUR IN ROHTAK DISTRICT
Journal Title: GJRA-Global Journal For Research Analysis - Year 2015, Vol 4, Issue 3
Abstract
A man engaged in earning his livelihood, has to encounter many risks. Some of the risks are expected and some others are quite unexpected. In a civilized society, many systems have been evolved to guard against such risks. Insurance is one of the mechanism available at present to avoid loss arising out of such risks. It is a contract between the policyholder and the insurance company for compensating the loss caused to the policyholder in consideration of premium from him. Unlike life insurance, in health insurance the extent of loss can't be predetermined and it will be estimated according to the circumstances under which the damage occurred. So a study on attitude and behaviour of the policyholders towards the mediclaim (health insurance) policy was conducted in ROHTAK district.
Authors and Affiliations
Suman Devi, Dr. Vazir Singh Nehra
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