https://www.in.gov.br/web/dou/-/port...2020-281071844
New decree published and it does not mention the need of a medical coverage anymore... Let's wait for an update of Timatic/TravelDoc...
UPDATE : You don't need an insurance anymore. The country is now open for foreigners arriving by air just like before the pandemic.
Published 06.10.2020Coronavirus (COVID-19) entry regulations lifted on 29 July 2020.