Brazil Opens a New Era in Life Insurance: Protection + Accumulation Under a Modern Framework
On November 4, 2025, Brazil’s insurance market entered a new era.
The CNSP Resolution No. 484, published by the Superintendence of Private Insurance (Susep), introduces a modern framework that blends smart protection with flexible accumulation, setting the stage for the “universal life” model.
What Changes With Resolution 484?
The Resolution 484 replaces the previous framework (Resolution CNSP No. 344/2016) with a more forward-looking vision.
Life insurance is no longer just protection or pure savings — it becomes a hybrid product that combines both.
Three Key Pillars of the New Regulatory Model
- Real Flexibility: clients can adjust premium payments and make additional contributions according to their life stage.
- Full Transparency: policyholders will have direct access to information about benefits, individual reserves, and how risk capital differs from accumulation capital.
- Updated Framework: the regulation aligns with Brazil’s Insurance Contract Law No. 15.040/2024, bringing it up to date with the country’s technical and legal environment.
A Strategic Opportunity for Brazilian Insurers
For local insurers, this shift opens a strategic window of opportunity — the ability to offer hybrid life products that merge protection with value accumulation, as already seen in the U.S., Canada, and the U.K.
At the same time, the rule accelerates digital transformation, encourages personalized offerings, and enhances customer trust through greater transparency.
However, implementation will require significant internal changes: updating actuarial models, modernizing policy systems, revising reserve methodologies, and strengthening compliance reporting.
N5: Turning Regulation Into Competitive Advantage
This is where N5 becomes a key player in Brazil’s insurance transformation.
Technology stops being just a compliance requirement and becomes a lever for growth, differentiation, and innovation.
The N5 Platform Provides:
- A complete, governed sales flow: from simulations to data registration and regulatory control, ready for the new universal life products.
- Automatic actuarial simulation and estimation: premiums, coverage, surrender values, and payouts tailored to the new regulatory model.
- Configurable commercial and regulatory modules: designed to evolve with the market.
- Robust integration with core systems and external services: ensuring a seamless, digital, and transparent customer experience.
With N5, complying with Resolution 484 becomes not a burden, but a competitive advantage.
Insurers investing in automation, operational efficiency, and customer experience will lead Brazil’s next growth cycle.
Towards a Connected Future of Life Insurance
Brazil is shaping a modern, flexible, and transparent life insurance model, blending traditional protection with value accumulation.
Insurers that choose to innovate through technology partners like N5 Now won’t just adapt — they’ll lead.
In a context of economic uncertainty and demographic change, the universal life model emerges as a promise of stability, financial freedom, and personalization.
The key to fulfilling that promise lies in technology.
Together, the insurance sector and N5 can make it a reality:
a more connected, agile, and innovative future for life insurance.
