HOUSING INSURANCE IN ROMANIA

Florea Ianc Maria Mirabela and Lapadusi Mihaela Loredana
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Florea Ianc Maria Mirabela: UNIVERSITY "CONSTANTIN BRANCUSI" FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, ROMANIA
Lapadusi Mihaela Loredana: UNIVERSITY "CONSTANTIN BRANCUSI" FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, ROMANIA

Annals - Economy Series, 2014, vol. 6, 181-184

Abstract: Last few years have shown that Romania is not protected from the consequences of climate change. It is clear that type flood events may cause social problems and losses is difficult financing from public resources, especially in the context of the existence of budget constraints. The only viable system to cope with such disasters is insurance system that has the ability to spread risks by reinsurance Natural disasters - earthquakes, floods, landslides - are just some of the risks that may threaten your home. And if natural disasters can seem distant danger, think as fires, floods caused by broken pipes or theft of household goods are trouble can happen anytime to anyone. To protect yourself in such unpleasant situations, whose frequency is unfortunately on the rise, it is necessary to be assured. Thus, you will be able to recover losses in the event that they occur. The house is undoubtedly one of the most important assets we own. Therefore, the Romans began to pay increasingly more attention to domestic insurance products. Since 2011, voluntary home insurance, life insurance with, were the most dynamic segments of the market.

Keywords: evolution; voluntary insurance; obligatory insurance; housind insurance (search for similar items in EconPapers)
Date: 2014
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