Digital Insurance Provision

From Open Risk Manual
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Definition

Digital Insurance Provision. In the context of the Financial Competence Framework, Digital Insurance Provision is a topic in the Risk And Reward subject matter domain.[1]

Competences

Mastering the role of Digital Insurance Provision in financial literacy context requires the following competences:

Code Competency Description Competency Type
390 Aware of the existence of digital insurance providers and of new types of insurance offered by them (such as peer-to-peer, on-demand, usage-based insurances etc.) Knowledge
391 Aware that digital insurance providers and the products offered by them might function differently than traditional insurance providers Knowledge

References

  1. European Union/OECD (2022), Financial competence framework for adults in the European Union