Under the FSL system any overall negative balance at the end of the rating period is waived. For this type of protection an annual stop loss is charged. This charge is deducted from the positive balance prior to the dividend payment. It is collected only if the pooling results are sufficient.
- Poolable group cover with network insurers in at least two countries
- Covering at least 1,000 insured lives
- Settlement of Dividends
- Annually for groups with a minimum of 1,000 lives