Housing
Portugal mandatory catastrophe insurance delayed
The government's planned mandatory insurance for natural and seismic disasters, initially announced in April 2026, lacks a finalized legislative framework, coverage details, or a confirmed implementation date. The Ministry of Finance and the agency managing the recovery programme currently aim to finalize the scheme during 2027.
Why it matters
While the insurance is intended to eventually protect homes and businesses, no action is required now as the regime is still under development with no start date set.The Portugal NewsRead original ↗
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