Volume : 4, Issue : 3, March - 2015

MEDICLAIM HEALTH INSURANCE POLICY-A STUDY ON CONSUMER BEHAVIOUR IN ROHTAK DISTRICT

Suman Devi, Dr. Vazir Singh Nehra

Abstract :

<p>&lt;p&gt;&amp;nbsp;A man engaged in earning his livelihood, has to encounter many risks. Some of the risks are expected and some others&amp;nbsp;&lt;/p&gt; &lt;div&gt;are quite unexpected. In a civilized society, many systems have been evolved to guard against such risks. Insurance is&amp;nbsp;&lt;/div&gt; &lt;div&gt;one of the mechanism available at present to avoid loss arising out of such risks. It is a contract between the policyholder&amp;nbsp;&lt;/div&gt; &lt;div&gt;and the insurance company for compensating the loss caused to the policyholder in consideration of premium from him. Unlike life insurance,&amp;nbsp;&lt;/div&gt; &lt;div&gt;in health insurance the extent of loss cant be predetermined and it will be estimated according to the circumstances under which the damage&amp;nbsp;&lt;/div&gt; &lt;div&gt;occurred. So a study on attitude and behaviour of the policyholders towards the mediclaim (health insurance) policy was conducted in ROHTAK&amp;nbsp;&lt;/div&gt; &lt;div&gt;district.&lt;/div&gt;</p>