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Is medical /health cover based on the proper definition of insurable risk?

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Question ajoutée par Tariq Omer , Sr. Trainer and Consultant Insurance , Watan First Institute
Date de publication: 2016/07/16
Mamoun elbaghir abdalla mhamad Eltayeb
par Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

 Yes , it can be defiined properly as insurable risk as it is subject related to a pure risk and not speculative.

My best wishes to you.

Utilisateur supprimé
par Utilisateur supprimé

In most cases, medical and health insurance cover exact expenses directly related to financial risk. Thus, it falls within the proper terms of 

- Can be measured financially. 

- it's considered accidents as self-injuries are never covered. 

- the insured is always the patient or a direct family member. 

 

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