Insurance
The concept of insurance is lost in the mists of time, considering that it was in Greece and Rome that forms very close to what we understand as insurance existed today. The first known contract dates from 1347, but different documents exist in the Genoa city archives, such as a discharge from 1329, which are interpreted as insurance contracts.
Portugal was also not late with this “innovation” and between 1367 and 1383, a Law from the reign of D. Fernando made maritime insurance mandatory for all ships of more than fifty tons in the country. The contributions were delivered under the concept of mutuality, with a percentage of two crowns per hundred of the profits from the trip.
What is a
Insurance Contract?
The insurance contract is an agreement through which the insurer assumes coverage for certain risks, committing to satisfy compensation or pay the insured capital in the event of an accident, under the agreed terms.
In return, the person or entity that takes out the insurance (the policyholder) is obliged to pay the corresponding premium to the insurer, that is, the cost of the insurance.
The provision of what was agreed in the contract can be made to the person or entity in whose interest the insurance is concluded (the insured) or to a third party designated by the policyholder (the beneficiary) or to a third person or entity who has suffered losses that the insured must compensate – the injured third party.
Insurance can be mandatory (when the respective conclusion is required by law) or optional (when it is the policyholder’s choice to take it out or not).”
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NUMBER OF
INSURANCE COMPANIES
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Legal Information
Actaseguros – Corretores de Seguros, S.A. company with registered office at Rua São Ciro 79/79-A, 1200-830 Lisbon, holder of legal person identification card no. 503208639, registered at the Registry Office Commercial of Lisbon under no. 4576, with share capital of €79,000.0, registered, on 27/01/2007, in the register of ISP – Instituto de Seguros de Portugal with the category of Insurance Broker, under no. .º 607157493/3, with authorization to carry out insurance mediation activities in the Life and Non-Life sectors and which can be verified and confirmed at www.isp.pt, informs its clients, under the terms and for the intended purposes in article 32 of Decree-Law nº 144/2006, of 31 July, which:
- Actaseguros does not hold, either directly or indirectly, a position greater than 10% in the voting rights or share capital of any insurance companies ;
- Actaseguros does not hold, directly or indirectly, a position greater than 10% in voting or mediator rights held by a company or by the parent company of any insurance company;
- Actaseguros has authorization and trust to receive insurance premiums to be delivered to insurance companies;
- Actaseguros is authorized to conclude insurance contracts in the name and on behalf of insurance companies;
- Actaseguros has authorization to settle claims in the name and on behalf of insurance companies;
- The intervention of Actaseguros does not end with the conclusion of the insurance contract(s);
- Actaseguros can intervene in the market, directly or through other insurance intermediaries;
- Actaseguros acknowledges accepts and agrees that the customer has every right to request information about the remuneration received for providing the service and assumes the commitment to, at your express request, provide you with such information;
- Without prejudice to the possibility of recourse to judicial courts or extrajudicial dispute resolution bodies, which already exist or may be created for this purpose, it is also informed that complaints policyholders and/or other interested parties, must be presented directly to theISP – Instituto de Seguros de Portugal, or reported in the Complaints Book, available at our offices for this purpose. Finally, it is important to inform that Decree-Law no. 144/2006, of 31 July – diploma that establishes the legal regime for access and exercise of insurance or reinsurance mediation activity, defines the “insurance broker” insurance”, under the terms of paragraph c) of article 8, as the category in which the natural or legal person carries out the activity of