It is the Company’s and its subsidiaries´ policy to monitor risks inherent in their operations, which is why as of December 31, 2009, they have insurance coverage against operating risks, third party liability, and health, among others. The Management of the Company and its subsidiaries find the insurance coverage sufficient to cover possible losses. The table below shows the main assets, liabilities or interests insured and the respective amounts:
Types |
Amounts insured |
Operating risks |
R$16,122,608 |
General Third Party Liability – RCG |
R$40,000 |
General Third Party Liability – RCG |
R$23,370 |
Cars (Executive and Operational Fleets) |
100% Fipe. Table R$1,000 for civil liability (Material and Physical Damages) and R$ 100 for Material Demages. |
Cars |
100% Fipe. Table R$1,700 for civil liability (Material and Physical Damages), R$200 for Material Demages and APP. |