Insufficiencies in the Spanish Regulation of Burial Insurance (Insuficiencias en la Regulación de los Seguros de Decesos) (Spanish)
Revista de Derecho Mercantil, Vol. 263, pp. 207-229, January-March 2007
23 Pages Posted: 5 Jan 2011
Date Written: January 1, 2007
Abstract
The Spanish law governing burial insurance designs it as an insurance-in-kind, under which insurance companies guarantee to provide the funeral services required at the time of death of the insured. However, the regulation of burial insurance has some shortcomings that adversely affect the rights of the insured and which hinder the development of effective competition in the burial insurance market and in the market for funeral services. In the present study we identify key gaps in the regulation of this institutions and also its impact on policyholders and competition.
Note: Downloadable document is in Spanish.
JEL Classification: D18, K21, K23, K39, L13, G22
Suggested Citation: Suggested Citation