Mr. Sultan had health insurance while he was studying in the UK. He was diagnosed with a significant depressive episode, and he made a claim to the insurance company for the cost of £10,000 for a health pack provided by a gym. The health pack included: 1 year's nutritionist appointments; a nutrition program; meals; 4 personal training sessions; and 1-year free membership at the gym. Mr. Sultan did not read his policy nor he understand the terms and conditions but he thinks that his insurance should cover the gym health pack as a treatment for his depression. Required: Determine whether he can claim the gym expenses under his insurance policy? And justify your answer with reasonable justifications?

Mr. Sultan had health insurance while he was studying in the UK. He was diagnosed with a significant depressive episode, and he made a claim to the insurance company for the cost of £10,000 for a health pack provided by a gym. The health pack included: 1 year's nutritionist appointments; a nutrition program; meals; 4 personal training sessions; and 1-year free membership at the gym. Mr. Sultan did not read his policy nor he understand the terms and conditions but he thinks that his insurance should cover the gym health pack as a treatment for his depression. Required: Determine whether he can claim the gym expenses under his insurance policy? And justify your answer with reasonable justifications?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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