Sentence examples for basic insurance from inspiring English sources

Although insured are allowed to have their basic insurance from another insurer than their additional insurance, there is a possibility of risk selection through the additional insurance.

If people have their basic insurance at another insurer than their complementary insurance, they have to register at two different insurers.

In general, insurers discourage people from taking out their basic insurance with a different insurer.

For example they will ask a higher premium for complementary insurance if they do not already have their basic insurance with the same insurer [ 7].

In sum, we find limited evidence of supplementary health insurance being used as tool for risk selection in basic insurance, despite substantial incentives for insurers to do so.

Individuals in the Netherlands are required to purchase a basic insurance package from a healthcare insurer of their choice and have the option of purchasing supplementary insurance for additional healthcare not included in the basic insurance package, either from that same insurer or a different one.

Under Obamacare, insurers offer four varieties of basic insurance packages, bronze, silver, gold, and platinum, with different deductibles and different levels of coverage.

It is unlikely that the insured will only switch their basic insurance as it is (administratively) unattractive.

The DIC policy insures property and liability losses not covered by basic insurance contracts.

Still, health insurers are facing substantial incentives for risk selection in basic insurance.

In the Netherlands, the system of privately and publicly insured persons was abolished in January 2006 and a new system with a basic insurance for all was introduced.