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Health Insurance
ID #1142
Why there is no hypothecation on Health and Personal Accident policies.
hypothecation is generally allowed on assets and security.
Insurance is not your right and it's reimbursement of expenses which you have incurred and hence you can't hypothecate the health or PA policy
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Related entries:
- Why do I need Travel Insurance?
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- I am over 70 years old. Do I need to take medical tests?
- Are there any sub limits like room rent, etc?
Last update: 2011-03-25 02:36
Author: Asheesh
Revision: 1.0
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