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INSURANCE COVERAGE
 12 Months Ended
Dec. 31, 2021
Insurance Coverage  
INSURANCE COVERAGE

 

32.INSURANCE COVERAGE

The Company’s policy for insurance considers the concentration and relevance of the risks identified in its risk management program. Thus, according to Managements understanding, the contracted insurance coverage is adequate to the entity’s size and nature of activities being sufficient to cover eventual damages. The Company also takes into consideration orientations provided by its advisors.

        12.31.21
Assets covered   Coverage   Amount of coverage
         
Operational risks   Coverage against damage to buildings, facilities, inventory, machinery and equipment, loss of profits.             3,298,543
Transport of goods   Coverage of goods in transit and in inventories.                792,114
Civil responsability   Third party complaints.                446,440

 

Each legal entity has its own coverages, which are not complementary.