Insurances

• Economie
• Middelbare school
• vwo
• Leerjaar 3

risk avoiding people

tto 3

Praktische Economie C8.3

We are playing a game!
You can always, but you have to choose, among three opportunities

1. 95% winning 10 euros 5% losing 100 euros
2. 95% winning 1000 euros and 5% losing 10.000 euros
3. 95% winning 1 euro 5% losing 10 euros

What do you prefer?
you can win 1000 euro or loose

1. 10% losing 200 euro 90% winning
2. 20% losing: 100 euro 80% winning
3. 30% losing 50 euro 70% winning
4. 40% losing 10 euro 60% winning

Which words do you link to
the term "insurance"?

We've insurances for...

A person has a lot of insurances for different risks…
You call this person (before insurance)

1. insecure.
2. secure.

Which insurance companies
do we know?

Do you have experienced an insurance/ or the working of an insurance?

0

Social insurances (based on collectivity)

(section 5.2)

Private insurances

Use your own words to describe the principle of an insurance.
Use these words: premium, insurance company, insured person, risk, damage.

Different kind of risks...

There are clients without any serious damage...

And clients with a lot of damage...

The amount of the
premium is based on...

Statement: people with a higher risk should pay more premium compared to people with a low risk.

Voluntary excess/ deductible

How does it work?

When do you choose for a voluntary excess?

Use your phone to answer these questions.

("own risk")

Health care premium

Premium basisverzekering:                                         € 115.00 ​ 

Premium additional insurances:​ 

     Dentist                                                                               €  20.00​ 

     Physio                                                                                €  10.00​ 

​Discount because of a voluntary deductible:      €  12.50​ ​ 

Total premium                                                                                       € 132.50​

Assignments book

Answer the questions 2 up to and including 6, section 8.3.

The car insurance

Use your phone. 

1. What’s the difference between WA, WA-plus (“limited casco”) and “WA-full casco” (all-risk) insurances? 

2. Which factors determine the premium? 

3. Which of these three is obliged? Explain. 

www.anwb.nl

So, before we take an insurance...

we compare the costs of the premium with the possible damage of the risk!

Scooter riders who sustain damage or losses will receive a payment that is funded by the premiums of all scooter riders.
Why will not all of the premiums be used to pay for claims?

1. Otherwise, you don't make profit.
2. Because you need to cover other costs (wage), too.
3. A and B are correct.

0

Use your phone:
what's a no-claims bonus (in Dutch: bonus-malusregeling)?

Calculate the premium

• Step 1: which scale? --> check the discount
  
• Step 2: add the policy fees
  
• Step 3: add the tax
• So, (premium + policy fees) x 1.21
  

Assignments book

Answer assignments 9 and 10 section 8.3

So, insurances

• are based on solidarity
  
• can result in specific behaviour
  
• fraud?