>>507839288
>Can you link this policy? I did not know of it. is it applied to every homeowner? and after oct 7? If so, I'm pretty impressed at its generosity
As expected, Israeli insurance details are not the easiest to understand.

https://www.jpost.com/opinion/getting-financial-compensation-for-guardian-of-the-walls-damage-opinion-671967
>You can pay to insure your household items to a higher value until December 31 of that year. The premium is 0.3% of additional value up to NIS 905,747 of additional value.
Premium in this context refers to payment made after Oct 7 of 0.3% to get additional coverage and it is an OP Ed to coordinate insurance claims.
Even though the word "premium" normally refers to the recurring fee.

The article matches official information which comes with 0 context and no timestamps.
>>507839590
>is that state sponsored? private companies would simply collapse since this spergout started
Expect bailouts.
I would not be surprised if the government issues 0.1% interest rate bonds to insurance companies starting a few months from now when the damage is assessed.

>>211392005
Coming right up!