Insurance and Reinsurance
11/09/2023
DPVAT INSURANCE, ITS HISTORICAL IMPORTANCE, AND CONTROVERSIAL FUTURE
The Compulsory Insurance for Personal Injury Caused by Motor Vehicles of Land Roads, commonly known as DPVAT, was conceived in 1966 through Decree-Law No. 73, which, at the time, made it mandatory for owners of motor vehicles in view of the existing risks, especially for passers-by. This insurance is intended to cover victims of a…