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INSURANCE | 12 Months Ended
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Dec. 31, 2021
INSURANCE |
| 33. | INSURANCE
The Company maintains insurance policies to cover damages on certain assets, in accordance with orientation by specialists, as listed below, taking into account the nature and the degree of risk, for amounts considered sufficient to cover any significant losses related to its assets and responsibilities. The risk assumptions adopted, due to their nature, are not part of the scope of an audit of the financial statements, and consequently were not examined by the external auditors. Schedule of amounts arising from insurance contracts
|  | Coverage |  | Coverage period |  | Amount insured (1) |  | Annual premium (1)
Companhia Energética de Minas Gerais |  |  |  |  |  |  |  |  |  |
Facilities in buildings |  | Fire |  |  | Jan. 8, 2022 to Jan. 8, 2023 |  |  | R$4,184 |  | R$1
Cemig Geração e Transmissão |  |  |  |  |  |  |  |  |  |
Air transport / Aircraft |  | Fuselage Third party |  |  | May 27, 2021 to May 27, 2022 May 27, 2021 to May 27, 2022 |  |  | US$1,500 US$4,000 |  | US$55
Warehouse stores |  | Fire |  |  | Nov. 2, 2021 to Nov. 2, 2022 |  |  | R$21,119 |  | R$35
Buildings |  | Fire |  |  | Jan. 8, 2022 to Jan. 8, 2023 |  |  | R$220,822 |  | R$68
Telecom’s equipment |  | Fire |  |  | Sep. 30, 2021 to Sep. 30, 2022 |  |  | R$29,302 |  | R$32
Operational risk - Transformers above 15MVA and other power distribution equipment with value above R$1,000 |  | (2) |  |  | Dec. 7, 2021 to Dec. 7, 2022 |  |  | R$757,263 |  | R$1,269
Cemig Distribuição |  |  |  |  |  |  |  |  |  |
Air transport / Aircraft / Guimbal equipment |  | Fuselage Third party |  |  | May 27, 2021 to May 27, 2022 |  |  | US$1,500 USS4,000 |  | US$123
Warehouse stores |  | Fire |  |  | Nov. 2, 2021 to Nov. 2, 2022 |  |  | R$68,950 |  | R$115
Buildings |  | Fire |  |  | Jan. 8, 2021 to Jan. 8, 2022 |  |  | R$487,948 |  | R$150
Telecom’s equipment |  | Fire |  |  | Sep. 30, 2021 to Sep. 30, 2022 |  |  | R$96,115 |  | R$104
Operational risk – Transformers above 15MVA and other energy distribution equipment with value above R$ 1,000 (2) |  | Total |  |  | Dec. 7, 2021 to Dec. 7, 2022 |  |  | R$588,617 |  | R$986
Gasmig |  |  |  |  |  |  |  |  |  |
Gas distribution network / Third party |  | Third party |  |  | Dec. 15, 2021 to Dec. 15, 2022 |  |  | R$100,000 |  | R$1,100
Own vehicle fleet (Operation) |  | Damage to third parties only |  |  | Jul. 7, 2021 to Jul. 7, 2022 |  |  | R$500 |  | R$1
Own vehicle fleet (Directors) |  | Full cover |  |  | Oct. 25, 2021 to Oct. 25, 2022 |  |  | R$187 |  | R$2
Facilities – multirisk |  | Robbery, theft and fire |  |  | Dec. 31, 2021 to Dec. 31, 2022 |  |  | R$33,211 |  | R$47
(1) Amounts expressed in R$ ‘000 or US$’000. (2) Maximum indemnity limit: R$231. The Company, except for its aircraft, does not have third party liability insurance covering accidents, and is not seeking proposals for this type of insurance. Additionally, Company has not sought proposals for and does not have current policies for, insurance against events that could affect its facilities such as earthquakes, floods, systemic failures or business interruption. The Company has not suffered significant losses arising from the above-mentioned risks.

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- Definition The entire disclosure for insurance contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2023-01-01 -Name IFRS -Number 4 -IssueDate 2021-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=4&code=ifrs-tx-2021-en-b&doctype=Standard&book=b&dita_xref=IFRS04_g36-39M_TI -URIDate 2021-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2023-01-01 -Name IFRS -Number 17 -IssueDate 2021-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IFRS17_g93-132_TI -URIDate 2021-03-24 + Details
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