Page 372 - Ebook health insurance IC27

The Insurance Times

Risk Management in Health
Insurance

Health is the best gift of the God to the Human'. It is the ardent duty of the individual
to take care of Health at any cost'.

"If wealth is lost little lost If Health lost everything is lost"

For maintaining wealth one has to incur some expenses to prevent the risk of theft,
pilferage, anxiety and so on all the time and even insurance at times can not compensate
all the losses.

Similarly everyone must keep good care of his health and see that he has healthy habits,
physique, mind so that he can lead a good life.

According to Risk Management principles following are the process of risk
management:-
1. Risk Identification
2. Risk Avoidance

376 Guide for Health Insurance