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Adding benefit riders to policies provides meaningful coverage for those who need it, and carriers usually can do so at a relatively low cost.
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EIOPA Consultation Paper on proposals for Solvency II 2020 review: Harmonisation of National Insurance Guarantee Schemes across EU Member states
EIOPA published its first wave of consultation papers on the Solvency II 2020 review in June 2019. This briefing note summarises EIOPA’s proposals regarding Insurance Guarantee Schemes.