View source for Insurance Market Failures

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[[Category:Market Failure]]
{{DES | des = Many types of insurance cannot be offered privately (or voluntarily) because of a number of market failures or because they work poorly when they are offered.  Unemployment insurance, old-age pensions, medical insurance, crop insurance, flood and other disaster insurance, etc. Then government should play a part. Some types of insurance need to be mandatory because otherwise compensation for injury or damage will frequently be unpaid. | show=}}
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{{List|Insurance Market Failures|links=true}}
{{Quotations|Insurance Market Failures|quotes=true}}