Insurance analysis is the technical process carried out before issuing a policy, both by insurers and brokers. 

It involves an in -depth assessment of customer profile or good to be protected, allowing to identify the risks involved and determine the coverage conditions, the prizes (paid values) and the contractual exclusions.

This analysis is fundamental for two main reasons: ensuring that insurance is fair and balanced for both parties and mitigate financial risks to both the insurance company and the insured.

How does insurance analysis work?

Insurance analysis follows a structured logic based on data, statistics and technical evaluations. See the main steps:

Information collection

It all starts with a detailed survey of data. For this, personalized questionnaires are used according to the type of insurance. Requested data may include:

• For personal insurance (life and health): age, gender, medical history, lifestyle, profession and risk habits such as smoking or extreme sports practice;
• For automobile insurance: model and year of the car, accident history, driver profile, daily use of the vehicle;
• For residential or commercial insurance: property location, construction type, age age, existence of safety systems, among others.

Risk Assessment and Classification

After collecting, experts identify and analyze the risks based on statistical models, historical data and market practices. 

The goal is to understand the likelihood of an unwanted event (such as accident, fire, illness or theft) and the potential for financial losses. With this, the customer is classified on a risk scale, which can vary from low to high.

Definition of policy conditions

According to the risk classification, elements such as:

• Coverage included and excluded;
• Award value;
• Franchisees;
• Compensation limits;
• Deficiencies.

For example, if it is found that the property is in an area subject to flooding, there may be exclusion of coverage for this type of claim or increase of the amount to be paid.

Policy issuance

If all criteria are met, the policy is issued with the defined contractual details. Otherwise, there may be refusal to hire, especially in cases where the risk is considered too high or uncontrollable.

Continuous monitoring

Even after the signed contract, risk analysis does not end. Periodically, the insurer reassesses the scenario considering new information, such as changes in the insured's profile, renovations in a property or improvement in health conditions.

Why is insurance analysis essential?

The importance of insurance analysis goes far beyond the subscription process. It is the equilibrium point between responsibility and protection. See the main reasons:

• Adaptation to Individual Reality: Each person or well has unique risks. An effective analysis ensures personalized and realistic coverage;
• Fair and sustainable prices: prevents the value of insurance from being higher than necessary or ceasing to cover important risks;
• Avoid damage to the insurer and insured: an imbalance can cause damage to the company, and lack of proper coverage directly affects the consumer;
• Greater legal and financial security: a well -structured policy guarantees fair compensation and reduces conflicts;
• Compliance with the legislation: Respecting analysis procedures is also a legal requirement, especially with regard to SUSEP rules and the principles of the Civil Code and the Consumer Protection Code.

Legal requirements provided for insurance analysis

Civil Code and Contractual Duties

The Brazilian Civil Code requires clarity and good faith in contractual negotiations. This includes:

• Complete and accurate information duty by the insured;
• Transparency and equity obligations by insurers;
• Principle of subrogation, allowing the insurer to claim values ​​of third parties that caused covered losses.

SUSEP Standards

The Superintendence of Private Insurance (SUSEP) defines specific rules for the subscription and risk analysis, overseeing the performance of insurers and ensuring:

• Standardization in risk acceptance criteria;
• Ethical definitions in the refusal of policies;
• Transparency in the elaboration of clauses and exclusions.

Factors that directly impact contracts

Several elements weigh on decisions made during insurance analysis. The most common include:

• Age and Health: In the case of life and health insurance, older people with pre -existing diseases can have higher awards or restricted coverage;
• Location of the insured good: more dangerous regions or with precarious infrastructure raise the risk and, consequently, the cost of the policy;
• Claims History: Customers who have frequently triggered insurance in the past are classified as higher risks;
• Profession: Risk activities or exposure to hazardous materials influence contractual costs and restrictions.

Tips for obtaining the ideal insurance

For the analysis to be an ally and not just a bureaucratic step, it is essential that the insured is well informed. See some practical guidelines:

• Provide true information: omitting or lying about personal or insured good data may invalidate the policy;
• Compare proposals from different insurers: prices and coverage vary, and analysis can be more flexible in some companies;
• Understand your real need: It is no use hiring coverage that makes no sense to your profile;
• Read all policy clauses: Know the exclusions and the rules for insurance activation;
• Periodically reassess your contract: Changes in your life or goods may require update.

Protect your future with smart insurance choices!

Insurance analysis is a careful and technical step that defines almost all aspects of the product you hire. With it, it is possible to ensure that insurance meets exactly what is expected in difficult times, without paying abusive values ​​or having ineffective protections.

In addition to financially protecting the consumer, this process strengthens the credibility of the insurance market as a whole, contributing to more responsible, safe and transparent relationships. Choosing insurance without considering this analysis is to take risks that contracted protection itself will not be able to cover.

Protect what matters most with an accurate and personalized insurance analysis!

In Exxata, we understand that each client and well have unique risks. Therefore, we conducted a detailed and technique insurance analysis, ensuring the best coverage, adjusted to your specific needs. 

With our expertise, you avoid incomplete coverage of your needs, with clear and without overlapping conditions. Trust Exxata to make safe and smart choices for your future!