Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 358

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 358
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 whether these contracts have any embedded derivatives, distinct investment components or a distinct
good or service unrelated to insurance. An investment component is distinct if it is not highly interrelated with the insurance contract
and if the policyholder can purchase a contract with equivalent terms and conditions in the same jurisdiction. A non-insurance-related
good or service is distinct if the policyholder can benefit from the good or service alone or in conjunction with other readily available
resources for the policyholder.

The following is a summary of the Group's
products that are within the scope of IFRS 17 - Insurance Contracts:

  The Life portfolio is divided                                                                     

  o       The Life Short-Term Risk portfolio                                                                                    

  o       The Life Long-Term Risk portfolio includes products                                                                                                 

  o       Whole Life portfolio includes                                                                                                          

  The Pension Portfolio is divided into three                          

  o       The                                                                                              

  o       The                                                                                        

  o       The                                                                                                

  The Health portfolio is divided into two groups:  

  o       The                                                                                               
          Health portfolio considers products with complete health coverage. These products may be          
          contracted individually (Individual Health) or collectively (Collective Health). Individual       
          products have their duration associated with the life expectancy of policyholders and collective  
          products have a maximum duration of two years;                                                    
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────

  o       The                                                                                                    
          Dental Health portfolio only includes products with Dental Health coverage. These products             
          may be contracted individually (Individual Dental Health) or collectively (Collective Dental           
          Health). Individual products have their duration associated with the life expectancy of policyholders  
          and collective products have a maximum duration of three years.                                        
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  The Non-Life portfolio is divided into two groups:  

  o       The                                                                                           

  o       The                                                                                         

Aggregation level

For measurement purposes, the Group aggregates
insurance contracts based on similar risks that are managed together, which must be segregated by cohorts and then divided into three
categories: groups of contracts that are onerous on initial recognition, groups of contracts that, on initial recognition, have no significant
possibility of becoming onerous in the future and a group of remaining contracts in the portfolio, if any. These aggregations are referred
to as Groups of Contracts.

Contract limits

Cash flows are within the the insurance contract
boundary