Creation of a seismic fund: ASF submits proposal to the government
ASF has submitted a proposal to the Ministry of Finance for the creation of a seismic fund to protect against these phenomena in Portugal.
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ASF has submitted a proposal to the Ministry of Finance for the creation of a seismic fund to protect against these phenomena in Portugal.
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.
Four out of five houses in Portugal are not insured against earthquakes, which can cause losses for individuals and the state.
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