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A NEW BRAND FOR YOUR INSURANCE


INSURANCES

A NEW BRAND FOR YOUR INSURANCE For 12 years in the insurance market, Caviola has operated various insurance lines, primarily automobile and home owners. Based on this experience, we evolved and became MEGA INSURANCE, providing improved assistance, differentiated products and “tailor made” services entirely suitable for the profile and requirements of each Client. MEGA INSURANCE was born to provide comprehensive advisory within the insurance area, staffed with a specialized team to offer the best solution for the best price. For this purpose we maintain a strong partnership with the best insurance companies in the market and a continual development of specific products for each business niches.


INSURANCES FOR INDIVIDUALS Health and physical, emotional and social well-being of collaborators are paramount within a company. Fulfilling these new health and safety visions, Mega Insurance Seguros offers support for quoting, implementing and operating insurances for individuals, observing the specific characteristics of each insured.

HEALTH INSURANCE The constant challenge of human resources professionals is to manage the benefit programs development which is compatible with the companies’ budget. Each market segment, size of the group, insured’s profile and investment capacity requires a specific solution. Health Insurance reimburses expenses and surgeries, internment in hospitals, treatments and medical consultations incurred by the insured. Wide accredited network of clinics, hospitals, laboratories and doctors. Covers regulated pursuant the law 9656/98.

LIFE INSURANCE With Life and Personal Accident Insurance you protect your future and the future of your family. This insurance is divided into two segments: individual life and company group life. The insurance objective is to assure a financial protection in case of an eventuality, supporting you and your beneficiaries. Life insurance indemnity is free of taxes and not subject to estate inventories. Group Life Program management: • Technical assessments; • Development of complementary plans; • Advisory for the preparation of new contracts to avoid the coverage interruption; • Multisided assistance; • Premium/claims - evolvement control; • Manual for the employees’ guidance; • Means to update beneficiaries.


PRIVATE PENSION PLAN A private Pension plan allows your programming the monthly income value which you want to receive when retiring and, by saving a little every month, also allows the accrual of sufficient funds to assure this income. Besides, you can opt for plans with either minimum assurance or plans which allow several investment methods, according to your investor’s profile. Another advantage of Private Pension is the legislation which allows the deduction of your contributions from the income tax calculation basis. Assure your future and of your family’s. Start accruing now a stable financial asset.

DENTAL INSURANCE Preparation of a study which aims offering the best cost/benefit relation for the company. We search within the market specialized dental health service providers, which have a structure and experience to manage the plans, mainly in relation to preventive programs. Covers regulated pursuant the law 9656/98.

TRAVEL INSURANCE Relaxing and having fun during holidays, visiting Brazil or foreign countries, is the major wish of the majority of persons. At all trips, unexpected events with your health or with your luggage may always occur. In order to avoid these disturbances, purchase a Travel Insurance. The policy comprises illnesses, medications, death and luggage loss, besides the assistance in relation to the European Union requirements. Therefore, determine the coverage which better fulfills your needs and make sure that these are clearly expressed by the contract.

INDEPENDENT PROFESSIONALS An independent professional has no boss, neither determined working hours. However they also have no assurance. It is exactly for this reason that who works independently needs assurance and stability. The Independent Professional Insurance is a product which covers from damages to your commercial facilities and civil liability to your expenses, in case of loss of income resulting from personal accidents or illnesses. If you work independently and at your own risk, purchase an Independent Professional Insurance.


CORPORATE INSURANCES In any branch of activity, a company must assure its properties and assets. The policy assures the business prosperity and assists possible daily unforeseen events. In addition to the obligatory basic covers, you can select special covers and protect even more your company.

MAIN COVERS • Fire; • Lightning; • Explosion of any nature.

MAIN ACCESSORY COVERS (FACULTATIVES) • Electrical damages; • Records and documents recovery expenses; • Business Interruption (net profit and/or fixed expenses); • Deterioration of merchandise within refrigerated environments; • Electronic equipments; • Mobile equipments; • Strong winds, hurricane, cyclone, tornado, hail, falling aircraft or any other air special device, land vehicle impact and smoke; • Machinery breakdown; • Illuminated billboards and advertisement posters; • Rental loss or expenses; • Glass, mirrors, marbles and granite breakage; • Robbery or qualified theft of properties; • Robbery or theft of valuables; • Riots, strikes, lock-outs and malicious mischief; • Sprinkler leakage; • Building collapse; • Internal displacement.


GENERAL CIVIL LIABILITY In all job areas the human error is constant. Either by imprudence or negligence, the errors offers a major exposure of damages to third parties, mainly bodily injury, being always difficult its compensation. The General Civil Liability Insurance operates as a corporative monetary reserve which is available for these cases, with some coverage exclusions, but comprehensive enough to compensate what it is intended to.

MAIN INSURABLE DAMAGES • Damages caused either by directors and employees and/or sustained by the latter abroad; • Damages to third party abroad, caused by products manufactured and/or distributed by the company; • Damages to third parties within the Brazilian territory, caused by products manufactured and/or distributed by the company; • Damages to third parties caused by products due to formula, design, plan, project error and the like; • Damages to third parties caused during the provision of services within the premises of the latter, inclusive professional error; • Damages to third parties caused during the performance of civil works and/or machinery and/or equipments erection and installation services; • Damages to third parties due to professional civil liability; • Damages to third parties caused during the performance or artistic, sporting events and the like, promoted by the insured; • Damages to third parties by the existence, use and maintenance of clubs, associations and recreational associations; • Damages to third parties resulting from vehicles kept at parking lots, garages, workshops, etc, either owned and/or hired by the company;

• Damages to third parties caused by pollution; • Damages to own employees/representatives by sudden pollution; • Damages to third parties caused by vehicles either rented or owned by employees, exclusively whilst providing an eventual service to the company; • Claims of employees/representatives for losses and damages comprised by the Civil Code; • Damages to third party caused by medical malpractice (medical area professional malpractice, occurred within the existing ambulatory/infirmary within the insured’s premises); • Damages to third party caused by loading and unloading operations; • The insured’s subsidiary liability for damages caused to third parties by vehicles hired for the transportation of employees; • Product recall, inclusive labor for assembling and disassembling; • Damages to personal effects of employees, whilst under the care of the insured (except vehicles and valuables); • Moral damages.


BUILDER’S RISK The Builder’s Risk Insurance covers property damages and offers the coverage for projects under construction, against any accidents which results in damages or destruction of civil engineering jobs, of equipments and/or machinery being used at the job site, during the entire duration of the job.

INSURANCE OF CIVIL WORKS This insurance comprises all kinds of civil engineering jobs, such as: dwellings, offices, warehouses, hospitals, schools, churches, theaters, cinema facilities, factories, silos, towers, reinforced concrete bridges and props for steel bridges, dams, floodgates, channels, tunnels, irrigation/water distribution and drainage systems, dewatering systems, roadways and railways construction, electrical channels constructions, ports and airports. This type of insurance covers all damages resulting from any natural, sudden and unforeseeable cause, such as: fire, lightning and explosion, qualified theft and robbery, winds, strong winds, hurricane, land sliding, flood, etc.

ERECTION INSURANCES It can be covered: Machinery, mechanical installations, apparatus, metal structures of any type at the location of its later utilization; aerial electrical power pipes and lines; used machinery which still are in sound usage conditions; assembling machinery and equipments (compressors, cranes, masts, lattices, etc.). These properties, once insured, will be subject to indemnities due to damages occurred resulting from: • Malpractice, negligence, carelessness, sabotage, lack of experience and malicious acts; • Errors during the assembly; • All other fortuitous accidents, such as falling objects, breakage of equipments used for the assembly or damages to machines resulting from collapse of part of the buildings;

• Fire, lightning, explosion, falling aircraft, water and other firefighting measures; • Breakages caused by centrifuge force and pressure or vacuum excess; • Short circuit, surges, strike arc and the like; • Earthquake; • Flood, inundation, spates, rain, snow, avalanches and seaquakes; • Any other unforeseeable and sudden occurrences, such as loss or damage due to collapsing, extraneous objects and transportation to the assembling location.


ADDITIONAL CLAUSES TO THE BUILDER’S RISK INSURANCE: • Extraordinary expenses; • Riots, strikes and lock-outs; • Simple, broad maintenance and warranty; • Debris removal expenses; • Mobile and stationary equipment used at the job site; • Extension coverage for concluded jobs; • Manufacturer’s Risk; • Damages in consequence of project errors; • General civil liability; • Crossed civil liability; • Neighboring properties; • Air freight.


LIABILITY (D&O) The Directors and Officers (D&O) Liability Insurance protects the personal assets of managers, if the latter is hold responsible in relation to harmful acts resulting from the business management. The policy protects directors and counselors of the current, past and future management staff of a corporation and of controlled companies. All directors such as managers, supervisors and equivalent positions, holding powers which imply the exercise of decision making and of directive authority of the company are covered. D&O policy is open (non nominal).

MORE FREQUENT CLAIMS: • Tax and labor issues; • Unfair competition; • Supervision failure; • Excessive or deficient diversification; • Bad decision in relation to the purchase or sale of a subsidiary; • Incomplete/not clear information to investors/shareholders (misrepresentation); • Dividend policy.

INSURANCE COSTS The first analyzed factors in order to define the premium value of D&O insurance are: asset volume, line of activity, financial status (market position), balance sheet, sales of shares (exterior) - ADR’s, recent merges, future acquisitions or sales.


COVERS

Coverage A

The insurance company will pay, on behalf of the insured persons, all losses for which the latter are not indemnified by the company.

Coverage B

The insurance company will reimburse all losses which the company indemnifies to the insured persons.

Some additional covers

Expenses with formal investigation, claims against spouse, personal management claims, advertising, pollution expenses (financial damages), affiliated companies and controlled companies.

MAIN EXCLUSIONS • Public offers of securities; • Any criminal act or intentional bad behavior, including any willful misconduct or fraud; • Previous or pending processes.

GOVERNING LEGISLATION • Law of Corporations 6404/76 - Articles 158, 153, 154 and 155; • Decree 3708/19 which regulates the limited liability companies; • National Tax Code (CTN) - Article 135; • Consumer’s Protection Code - Article 28; • Civil code (piercing the company veil) - Article 159. • Criminal Code - Article 177; • Law of Crimes Against the Consumer - Article 03; • Bankruptcy Act - Article 191; • Environmental Law - Article 2; • Norms CVM8/79 290/98-323/00; • Securities Act of 1943 (ADR´s); • Sarbanes-Oxley Act (ADR´s).


SURETY INSURANCE The Surety Insurance objective is to assure the contractual obligations between the contracting party (Policy Holder) and the contracted part (Insured). For this purpose, the Policy Holder’s capacity of honoring its commitments is analyzed according to its financial status, corporation management and reputation.

UTILIZATION By public bodies of direct and indirect administration (federal, state and municipality) which, by force of a legal norm, require assurances of maintenance of offers (in case of bids), and performance of their contracts. Law number 8.666/93 and consolidated by the Law number 8.883/94. By private companies which, in their contractual relations with third parties (suppliers, service providers and job entrepreneurs) want to neutralize the non fulfillment risk.

ADVANTAGES When compared with bank sureties, the Surety Insurance is certainly the best option, because it has competitive rates, does not compromise the line of credit with banks and generally does not appear at balance sheets as a passive or a reserve.

MODALITIES • Bid Bond; • Judicial Bond; • Performance Bond of constructors, suppliers and service providers; • Advance Payment Bond; • Retention Payment Bond; • Maintenance Bond; • Assets Bond; • Customs Bond; • Administration Bond.

POLICY HOLDER’S REGISTRATION The insurance market operates similarly to those of other countries, even because the insurance system is universal, considering the natural process of insurance-reinsurance. Thus, it is identical the registration process, the determination of limits and rates, as well as the attentive examination of the contract. The registration process, which is valid for one year, requires the submission of at least the following documents: • Reference files cards, legal and natural entities; • Articles of incorporation, together with respective alterations; • Copies of the last balance sheets, as well as the profit and losses demonstrative.

SURETY VALUE It must be understood as the maximum assured nominal value. Where alteration of values is implemented, previously determined by the main contract, the surety value must follow these modifications. For later alterations made to the main contract, the surety value can also be modified, by means of a request to the insurance company of the issuance of a collection or return premium endorsement, related to the increase or decrease of the surety amount and of the unexpired term.


TRANSPORT INSURANCE The Transport Insurance, local and international, assures protection either to road conveyors or to the owner of the transported merchandise. It meets the requirements of the road, coastal (maritime journeys near the Brazilian coast), riverine and lacustrine markets. Of extreme importance for the international trade, the transport insurance is also present in imports and exports, either by air, sea or land.

• Civil Liability of Road Cargo Conveyor (RCTR-C): intended for the conveyor responsible for the merchandise, either by owned vehicles or by aggregated to its fleet. • Road / Railroad Transportation (RR/RF): intended for the SHIPPER / OWNER of the transported merchandise, either by owned or third parties vehicles. • Air Transportation: intended for the SHIPPER / OWNER of merchandise, transported by a regular line aircraft; • Coastal transportation (maritime journey along the Brazilian coast): intended for the SHIPPER / OWNER of merchandise, transported by ships of regular lines; • Riverine and Lacustrine (journeys by Brazilian rivers and lagoons): intended for the SHIPPER / OWNER of merchandise transported by vessels of regular lines; • Imports: intended for the IMPORTER of merchandise transported by maritime, air or land ways. This type of insurance is facultative to the importer, however, if purchased, it must be placed with an insurance company with headquarters within Brazil; • Exports: intended for the EXPORTER of merchandise transported by sea, air or land. Only exports in the basis of CIF (cost, insurance and freight on the account of the Brazilian exporter) or C&I (cost and insurance on the account of the Brazilian exporter) should be insured.


INTERNAL CREDIT INSURANCE

The Internal Credit Insurance is an excellent tool to protect your company against the insolvency of Clients, besides offering additional services, which increase the sales and reduce indirect costs.

As per the Internal Credit Insurance, the insurance company commits itself to indemnify the insured, within the limits determined by contract, the final losses sustained in consequence of a determined insolvency of its debtors. The Service is intended for companies which trade, on behalf of other private companies, properties or services within the national territory and with payment terms up to 180 days.

GENERAL PRINCIPLES • All treaties are confidential; • The entire private Client portfolio must be insured; • The insured participates with a small part of the risk; • Some risk rangers can be excluded by mutual agreement with the insurance company.

MAIN BENEFITS • Maintenance of the cash flow along the time range; • Client portfolio classification; • Continuous monitoring of the portfolio risk; • Accurate and constant information about the debtors; • Collection and recoveries; • Endorsement of benefits to a financer; • Sales conditions improvement.

COVERS • Debtor’s bankruptcy (Client); • Total or partial lack of credit payment; • Judicial or extra judicial agreements; • Agreement between the insurance company and the insured.


COMMERCIAL ADVANTAGES • More aggressive trade policy; • Competitive margin for solvent buyers; • Safe prospection of new markets; • Withdrawal of the commercial area from the collection management.

ADMINISTRATIVE ADVANTAGES • Portfolio analysis and monitoring; • Collaboration between the insurance company and the insured; • Coverage of collection expenditures; • Reduction of indirect costs.

FINANCIAL ADVANTAGES • Replacement of variable and aleatory expenditure by fixed expenditure; • Maintenance of the cash flow within the treasury; • Avoids PDD entries and provides accounting improvements; • Facilitates the access to financial market.

COLLECTION MANAGEMENT • Direction of all actions by the insurance company; • Collaboration between the insurance company and the insured; • Coverage of collection expenditures; • Agreements, provided with the insurance company agreement.


gracioli.com.br

Rua Dr. Osvaldo Cruz, 764/A N. S. Auxiliadora Campinas SP Cep (ZIP) 13 024-200 megainsurance@megainsurance.com.br www.megainsurance.com.br

+55 19 3212-3068 +55 4003-4669


Mega Insurance  

A NEW BRAND FOR YOUR INSURANCE

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