Which insurance is mandatory?
Finnass Insures
In the Netherlands there are a number of insurances that mandatory . These are insurance policies established by the government to limit the financial risks of certain situations and to ensure that everyone has access to basic services. Here is an overview of the mandatory insurances :
Health insurance : This is a basic insurance that everyone in the Netherlands must take out to have access to medical care. Health insurance covers the costs of medical treatments, such as doctor visits, hospital admissions, medicines and specialist care. The basic package is legally established and the same for everyone, but you can expand health insurance insurance for extra coverage.
Car insurance : If you own a car and want to use it on public roads, you are obliged to take out third party (third party liability ) car insurance This insurance covers the damage you cause to others with your car. There are also more extensive insurance policies , such as WA+ (limited comprehensive) and All Risk (full comprehensive) insurance , which also cover damage to your own car in certain situations.
Third party liability insurance third party liability insurance also applies to other motor vehicles, such as mopeds, scooters, motorcycles and vans . Just like car insurance insurance covers the damage you cause to others with your vehicle.
Liability insurance for companies ( AVB ): If you have a company, it is mandatory to take out liability insurance This insurance covers damage that you as a company cause to others, for example as a result of an industrial accident or due to an error in a delivered product.
Although these insurance policies are required by law, there are many other insurance policies you can consider to protect yourself, your family and your assets, depending on your personal situation. Some examples are home contents insurance , building insurance , travel insurance , funeral insurance and disability insurance . these insurances are not mandatory, but can be important depending on your situation and wishes.
