CMF Applies Censure Sanctions to Insurance Company and Broker for Marketing Policies with Coverage Non-Compliant with Law No. 20.009

CMF Applies Censure Sanctions to Insurance Company and Broker for Marketing Policies with Coverage Non-Compliant with Law No. 20.009 June 04, 2026.- The Financial Market Commission (CMF) announces that its Board resolved to apply a censure sanction to Chubb Seguros Chile S.A. and Banchile Corredores de Seguros Limitada, for marketing policies that did not comply with Law No. 20.009, as well as for non-compliance with instructions. According to Resolution No. 5645, both Chubb and Banchile participated in the marketing of policies containing coverage that did not comply with the regulations in effect at that time under Law No. 20.009. To determine the sanction, it was considered that the materiality of the case was low and that the companies corrected their conduct.

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