Does the application ask you? For more details see http://www.steveshorr.com/wrong.or.imcopmplet.info..htm
form_title=Treatment Center form_header=Get started on your path to recovery. Find a treatment center and get healthy today. Please explain what type of treatment you need.=_ Have you received treatment for this issue before?= () Yes () No Do you have health insurance?= () Yes () No Have you consulted a doctor?= () Yes () No
Treatment of goods lost by fire etc. and insurance claim thereof :--Goods worth Rs. 10,000 lost by fire. Insurance claim is yet to be received for Rs. 6000.In this circumstance, goods worth Rs.10,000 (which is lost by fire) is to be credited in trading account separately ( not to be clubbed with closing stock).Then since Rs.6000/- is to be received by insurance claim. (so we are not received ,we have to receive)so this should be posted at asset side of the balance sheetRs.4000/- to be debited in profit loss account.(Because its a loss)
On every insurance application for every state you are asked for any and all tickets, accidents, and claims received in the last 3 or 5 years to be reported. It doesn't qualify this by saying only report it if you think they might find it. Take my word for it if it happened they will find it on your record. If you do not tell the truth on your insurance application then the insurance company is not required to pay your claims.
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