Feb 12 • 12:56 UTC 🇵🇱 Poland Rzeczpospolita

Victims of accidents without compensation? Rise in OC policy prices? Project Poland 2050

The article discusses proposed changes to liability insurance (OC) by the political party Poland 2050, which aims to reform the insurance system and address concerns about compensation and rising premiums.

The article examines a new legislative proposal put forth by Poland 2050 regarding liability insurance, sparking concern among insurance providers. The main points of the proposal include the establishment of a new investment fund to be financed by insurance premiums. It suggests that 4.5% of revenues from selected insurance products be allocated to support services responsible for public safety, specifically dividing funds between the Police, State Fire Service, and Volunteer Fire Brigades.

Further, the article highlights the apprehension among insurers regarding the implications of these proposed changes on insurance rates and the overall market stability. There is an emphasis on the contention surrounding proposed reductions in penalties for lacking insurance coverage. The current liability insurance system is reported to be nearing the brink of profitability, indicating that further changes could affect both consumers and insurance companies significantly.

Ultimately, the discussion emphasizes a balance between ensuring adequate compensation for accident victims and maintaining a sustainable insurance market. The proposed reform by Poland 2050 may have sweeping consequences for the insurance landscape, raising questions about fairness and financial viability in the context of public safety funding and the insurance industry’s future.

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