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What does mandatory mean in insurance?


Which types of insurance are mandatory?

  • Basic health insurance (LAMal)
  • Accident insurance (LAA)
  • Supplementary health insurance (LCA)
  • Private civil liability (RC)
  • Home and contents insurance
  • Building insurance
  • Car insurance
  • Legal expenses insurance
  • Life insurance
  • Travel insurance

Is there such a thing as mandatory health insurance?

  • While the federal government no longer requires you to have health insurance, a handful of states have mandates on the books regarding coverage or are trying to pass laws to make health insurance mandatory. Washington, D.C., also requires residents to purchase health insurance.

What is included in mandatory health insurance policy?

  • When required by law
  • Public health activities
  • Victims of abuse or neglect or domestic violence
  • Health oversight activities
  • Judicial and administrative proceedings
  • Law enforcement
  • Functions (such as identification) concerning deceased persons
  • Cadaveric organ,eye,or tissue donation
  • Research,under certain conditions

Which states don't require a mandatory car insurance?

  • Car insurance is so important that most states require coverage by law,but not all states mandate it.
  • The states that don't require coverage are New Hampshire and Virginia.
  • Even if you aren't required to have coverage,you won't escape the costs associated with a car accident.
Compulsory Insurance — any form of insurance that is required by law. In most states, for example, automobile liability insurance is compulsory for all automobile owners.