The Brazilian Senate approved a bill forcing insurance companies to pay compensation for deaths or injuries caused by Covid-19 in up to 10 days. The bill, which now goes to the lower house, forbids companies from increasing fees or insurance premiums — and also prohibits healthcare providers from limiting coverage regarding any Covid-19-related condition.
Senator Leila Barros, the bill’s rapporteur, reckoned that most companies were paying compensation of their own volition, but regarded Congress’ intervention to be necessary to avoid future problems. In Brazil, insurance sector regulators allow risks related to epidemics and pandemics to be excluded from coverage — a practice that is also adopted abroad.
Support this coverage →
Search
