Queiroz Cavalcanti Advocacia on the duty to inform about restrictive and limiting clauses on the rights of policyholders in collective life insurance contracts
On 2nd March 2023, the Brazilian Superior Court of Justice (‘Superior Tribunal de Justiça’ – STJ), Brazil’s highest legal body regarding the interpretation of Federal Laws, deliberated on a mandatory precedent and determined that, in collective life insurance contracts, the stipulator has the exclusive responsibility to inform the policyholder of their rights regarding restrictive and limiting clauses, in order for them to understand the extension of the warranties before the execution of the contract.
