Types of insurance in the Netherlands
(1) Health insurance (zorgverzekering)All residents of the Netherlands are required to
take out basic Dutch health insurance.
(2) Health insurance for international students
International students in the Netherlands arenot always obliged to take out health insurance.
Find out more about
health insurance for international students.
(3)General insurance or non-life insurance (schadeverzekering)
General insurance compensates the insured afterthe occurrence of an insured risk
(also known as property and casualty insurance).
(4)Life insurance (levensverzekering)
Life insurance is related to the life or death of a person.For example term life insurance (overlijdensrisicoverzekering) and funeral insurance (uitvaartverzekering).
(5) Compulsory insurances in the Netherlands
In the Netherlands, there are a few insurancesthat are compulsory. For example health insurance
(zorgverzekering) and motor vehicle insurance (WA-verzekering).
(အသက္အရြယ္ လုိက္၍ အာမခံေၾကး မတူညီပါ။
အမ်ိဳးသမီးမ်ား ပ်မ္းမွ်အသက္ ၈၃ နွစ္ သတ္မွတ္ျပီး
အမ်ိဳးသားအသက္ ပ်မ္းမွ် ၈၀ သတ္မွတ္သည္)
the different insurance policies all the more important.
These are the things to consider when making
a comparison between different insurance plans:
1. Type of insurance :
Some insurance plans cover a pre-arranged ‘set package’ of funeral services. The insurance company will settle the bill directly with
the undertaker. These are called ‘naturaverzekeringen’ and
are usually a bit cheaper since the insurance company
can make a standard, pre-fixed arrangement
with the funeral director.
Other insurance policies are based on a ‘expenses only’ system,
where the beneficiaries only get a pay-out for the expenses
that are linked to the funeral itself.
These are called ‘sommenverzekering .
If you desire that your family can completely decide for
themselves how they arrange the funeral,
you may opt for a ‘kaptiaalverzekering’.
This type of insurance will payout a set amount of money
after the insured has passed away. This type of insurance will,
for example, be suitable for paying for the funeral abroad,
because the money can be used for any purpose.
A combination of the above insurance schemes is
also possible. This is called a ‘combinatieverzekering’,
which literally means combination policy.
2. Premium per month
The monthly insurance premium will increase exponentially with age. Hence, it is far more profitable to apply for a funeral insurance early on. It is also easier to spread the costs over a longer period of time.
The diagram below will show you why.
3. Premium payment period
The payment period indicates the total period you are
obliged to pay a premium to the insurer.
When comparing, it is wise to look at the total premium
payment required. This can be done by multiplying
the monthly premium by 12 and then times the remain
years that are due for payment.
It will often be more profitable to pay a slightly higher
premium in exchange for a shorter payment period.
4. Premium Indexation
Since the costs of a funeral increases every year, it may be
wise to adjust the level of cover accordingly.
This is done by indexing the insurance.
Keep in mind that the monthly premium
also goes up correspondingly.
Ask the insurance company for more information.
5. Extra’s and conditions
With some insurance policies children are insured for free
until they are 18 or 21. With other policies the insured
amount may increase over time if the insurance companies
makes profit with investments or corporate bonds.
These kind of extra conditions are worthwhile to take i
nto account when comparing.
Funeral cover abroad
Do you live in The Netherlands, but do you wish a funeral abroad? Then keep into account that extra costs may arise due to
arrangements needed for travelling the body and having
the service in another country. Therefore, it may be
sensible to increase the level of cover accordingly.
Perhaps even contact the insurer about the extra
cover that is necessary.
Dutch insurance companies are very willing to help you
and your loved ones organize a beautiful farewell
ceremony in another country. Furthermore, the Dutch
embassy can assist you in making the right choices and
help you with the departure in The Netherlands.
Insurance companies
There are roughly 10 insurance firms in The Netherlands
that offer funeral insurances.
These are the main (and most affordable) ones
Insurance company Policies offered
Yarden ( Combinatie, kapitaal- en sommenverzekering)
Monuta (Combinatie- en kapitaalverzekering)
Dela (Combinatie- en kapitaalverzekering)
Ardanta (Natura, kapitaal- en sommenverzekering)
Nuvema (Natura- en combinatieverzekering)
Klaverblad ( Sommenverzekering)
To conclude, we have an overview of practical matters that are
good to know when arranging a funeral:
• A death must be reported to the municipality in which it occurred
• Cemeteries are usually open between 09:00 and 15:00
on weekdays and 09:00 to 12:00 on weekends and holidays.
• A burial or cremation is more expensive on Saturday, and even
more on a Sunday or a national holiday (100 percent surcharge).
• If there is no money for the funeral, the municipality
can pay for the costs.
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