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INSURANCE | 12 Months Ended
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Dec. 31, 2020
INSURANCE |
INSURANCE | NOTE 29 — INSURANCE The subsidiaries have insurance coverage determined by management with the assistance of specialists’ advice, taking into consideration the nature and the level of risk, in amounts that cover significant losses on their assets and/or liabilities. The main types of insurance are as follows:
Type |  | Scope |  | 2020 |  | 2019
Assets |  | Inventories and property, plant and equipment items are insured against fire, electrical damage, explosion, machine breakage and overflow (leakage of material in fusion state). |  | 82,836,077 |  | 61,187,789
Business Interruption |  | Net income plus fixed expenses |  | 11,146,083 |  | 11,381,183
Civil Liability |  | Industrial operations |  | 711,948 |  | 652,973

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