{"id":8042,"date":"2024-11-26T12:15:11","date_gmt":"2024-11-26T12:15:11","guid":{"rendered":"https:\/\/famacorretores.pt\/multi-risk-insurance-with-earthquake-cover-can-cost-an-extra-50-euros-a-year-on-an-insurance-policy-whose-average-capital-is-125000-euros\/"},"modified":"2024-11-27T11:10:44","modified_gmt":"2024-11-27T11:10:44","slug":"multi-risk-insurance-with-earthquake-cover-can-cost-an-extra-50-euros-a-year-on-an-insurance-policy-whose-average-capital-is-125000-euros","status":"publish","type":"post","link":"https:\/\/famacorretores.pt\/en\/multi-risk-insurance-with-earthquake-cover-can-cost-an-extra-50-euros-a-year-on-an-insurance-policy-whose-average-capital-is-125000-euros\/","title":{"rendered":"Multi-Risk insurance with earthquake cover can cost an extra 50 euros a year on an insurance policy whose average capital is 125,000 euros"},"content":{"rendered":"<p><strong>If it becomes mandatory to cover seismic risks, the value of Multi-Risk insurance could rise by around 50 euros a year, in an insurance policy whose average capital is 125,000 euros. The data is provided by the Portuguese Insurers Association (APS). <\/strong><\/p>\n<p>Given the growing <a href=\"https:\/\/famacorretores.pt\/maioria-casas-portugal-nao-tem-seguro-contra-sismos\/?utm_source=website&amp;utm_medium=blog&amp;utm_campaign=website-artigo-maioria-casas-seguro-contra-sismos\">seismic risk<\/a> in Portugal, the president of the APS, Jos\u00e9 Galamba de Oliveira, is going ahead with a proposal to create a fund for catastrophic risks, which will lead to an increase of around 50 euros per year in the value of mandatory Multi-Risk Insurance, provided it has an average capital of 125,000 euros.<\/p>\n<p>Speaking to <a href=\"https:\/\/expresso.pt\/economia\/empresas\/2024-11-21-seguros-cobertura-para-risco-sismico-pode-custar-50-num-ano-por-cada-habitacao-25b6ff02\" target=\"_blank\" rel=\"nofollow noopener\">Expresso (paid access)<\/a>, the insurance regulator said that it was important to \u201cmake sure that people are protected\u201d. Furthermore, this additional amount can be \u201clower in certain areas\u201d, i.e. \u201cwith less risk\u201d, and \u201cslightly higher in higher risk areas, such as Lisbon\u201d. Jos\u00e9 Galamba de Oliveira believes that the fact that this cover is compulsory makes it \u201cmore accessible\u201d, so that the more people who contribute, the lower \u201cthe value of the premium\u201d. \u201cMaking <strong>coverage mandatory<\/strong> doesn&#8217;t mean a huge increase in the premium,\u201d adds. <\/p>\n<p>The president of APS also believes that the fund would have a response capacity of up to 8 billion euros, with the higher amounts being assumed by the state.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cost of mandatory Multi-Risk Insurance can rise to 50 euros a year, for an insurance policy with an average capital of 125,000 euros.<\/p>\n","protected":false},"author":3,"featured_media":8046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65,151],"tags":[71,88,67,118,119,72],"class_list":["post-8042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-individuals","category-seismic-fund","tag-earthquakes","tag-famasegur-en","tag-insurance","tag-multi-risk","tag-multi-risk-insurance","tag-seismic-risk"],"_links":{"self":[{"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/posts\/8042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/comments?post=8042"}],"version-history":[{"count":4,"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/posts\/8042\/revisions"}],"predecessor-version":[{"id":8076,"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/posts\/8042\/revisions\/8076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/media\/8046"}],"wp:attachment":[{"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/media?parent=8042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/categories?post=8042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/famacorretores.pt\/en\/wp-json\/wp\/v2\/tags?post=8042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}