(3)Life insurance

Life insurance is not compulsory in the Netherlands but if accidentally nosediving a vehicle into a canal is something you often worry about — then life insurance may be something to consider. 

There are multiple variations of life insurance, enough to warrant their own article, but on a basic level, life insurance will offer your family/partner financial compensation in the event of your own death. 

Taking out life insurance is not technically required, but aside from the obvious benefits — life in the Netherlands can certainly be easier if you have it. This is especially the case if you are looking to take out a mortgage for example. Some mortgage providers require that you take out life insurance so as to ensure that the mortgage can be covered in the event of your death.

Other insurances in the Netherlands

The above are some insurances that you’ve likely already heard of but did you know that you can insure your bike against more than just theft? Or yourself for certain damages you may cause? Here are some helpful little extras that you may not have known about.