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The Role and the Necessity of a Mandatory Home Insurance

Author

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  • Oana Mihaela Orheian

    () ("Dimitrie Cantemir" Christian University)

Abstract

Home insurance became mandatory since 2008 and have been introduced as a social measure, given the low level of insurance premiums and sums insured. The role of a home insurance is to provide protection, financial support of personal goods.

Suggested Citation

  • Oana Mihaela Orheian, 2013. "The Role and the Necessity of a Mandatory Home Insurance," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(2), pages 177-180, June.
  • Handle: RePEc:khe:journl:v:5:y:2013:i:2:p:177-180
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    More about this item

    Keywords

    Home insurance; necessity; risks PAID;

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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