ING insurance to preclude problem district clients
ING’s plan to preclude residents of slum districts from taking out fire and theft insurance has been slammed by four major Dutch cities.The Netherlands – Four major Dutch cities have criticised insurance group ING’s plan to preclude residents of a number of slum districts from taking out fire and theft insurance.
The four cities, Amsterdam, Rotterdam, The Hague and Utrecht, have sent ING a letter in which they call its 'zip code policy' unacceptable.
Rotterdam Councillor Hamit Karakus pointed out the four cities are investing millions of euros in improving the security and liveability of their slum districts. He said it is unacceptable the residents of these districts are precluded by ING.
In response, the insurer said residents of slum districts can take out insurance with its subsidiaries Nationale Nederlanden and RVS.
Radio Netherlands / Expatica