Article 98 Insurance guarantee schemes

assess the state of play of insurance guarantee schemes in Member States (coverage level, types of insurance covered, triggers);

discuss policy options, including the different policy options such as using insurance guarantee schemes to continue or to liquidate insurance policies, thereby taking due account of the differences in insurance products in various Member States;

assess the necessity of introducing and, where appropriate, outline the steps necessary to introduce a minimum baseline for insurance guarantee schemes across the Union.

The report shall be accompanied by a legislative proposal where appropriate.