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Your insurance needs in Panama |
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By Jorge del Río
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If your visit to Panama is prolonged or if you are planning to live
here, you will need insurance for your personal and property needs.
In following editions, we will analyze the characteristics of each
insurance policy offered in Panama, according to your needs.
Medical insurance
Medical insurance is of prime interest among new arrivals. To acquire
medical insurance, first, you neeed to have a budget, and be below the
maximum age of admission. That, in some cases, is 63 years old. Also,
it is important to be in good health to be able to continue to pay the
insurance plan options.
Medical insurance can vary according to your different needs. There are
plans that offer local or international coverage, and some include
plans that work along with approved networks and established doctors,
laboratories, hospitals, and clinics where usually the policyholder
performs what is called a co-payment, or the basic sum of money paid to
receive the service, since the other expenses incurred are charged
directly to the insurance company.
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Read more...
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Better Safe then Sorry |
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Insurance is no different abroad; it's better to be caught with it, than
without it. Once you've decided to have a presence in Panama,
you'll want to insure your valuables (including yourself).
There are lots of local insurance brokers and companies that for certain you
won't have any trouble finding. However, there's one particular
company/businessman that's well known throughout the expat community; you can
visit www.panamakevin.com and find out more about it/him for yourself.
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