Page 77 - Ebook health insurance IC27

Sashi Publications

Build The body structure of a person also affects morbidity. A strong
and stout person will not generally fall ill whereas a thin and
pale person is likely to get the disease faster.

Past illness or surgery If any person has undergone surgery or was suffering from
any ailment, it has a direct bearing on its current health. The
old illness may recur or may not have fully cured or disease
may increase like kidney stones.

Current health status While accepting the risk for insurance the insurer's ask for
current medical reports to assess whether the proposer is fit
not. If the proposer is suffering from any disease that would
be excluded from the coverage provided. For example if he is
suffering from heart disease it will be excluded

Environment and The condition in which the person resides also has a bearing
residence his health. For example a person residing besides iron ore
factory will have more health hazards.

Basic principles of underwriting

Principles applicable to insurance contracts
 Utmost good faith
 Insurable interest
 Subrogation and contribution
 Indemnity
 Proximate cause

Utmost good faith
 The parties to the insurance contract must be of the same mind.

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