For Savings and Credit cooperatives that are supervised by the Superintendence of Solidarity Economy, the maximum insured value is 12 million pesos COP legal currency per person. For Financial Cooperatives, authorized and supervised by the Superintendence of Finance of Colombia, the maximum insured value is 20 million pesos COP legal currency per person.
* FOGACOOP’s Insurance for your Savings does not cover social contributions as these are part of the cooperative’s assets and they are considered venture capital.
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