If you’re contemplating relocating overseas for employment or even lifestyle reasons, there’s no doubt about it, you will have a wealth of things to organize and prepare ahead of your international move. From housing and schooling to work permits and language lessons, the list of activities and preparations is almost endless! However, one key preparation feature that often gets overlooked until almost the last moment is getting appropriate health care coverage in place for you and your family.
In the US we’re used to having our insurance company pick up the tab for illnesses and accidents, but if you move abroad you could well find that your insurer no longer protects you and your loved ones, so what type of health care coverage do you need for you and your family if you’re moving overseas?
The one word to sum up your requirements is ‘comprehensive’ – you will need a comprehensive health insurance plan in place that will cover not only your international medical care and bills, but also any medical treatment that you require back home in the US for all those times when you re-visit home for business or pleasure.
The insurance industry pushed upward in in July, registering a growth rate much higher than during the first few months of the year.
The volume of new premiums that month totaled $78 million, an increase of 22 percent compared to July 2008, according to information collected by the Superintendency of
The sector had remained at an average rate of growth that hovered under 10 percent until the close of the first semester.
Also in July, figures demonstrated a 143.3 percent rise in the purchase of individual life premiums (first year), a category that drove activity in the sector that month, similar to May reports, when these policies soared 459 percent and the industry grew 11 percent.
According to market sources, a single insurance company is responsible for the popularity of these first-year life insurance premiums by placing a nontraditional product on the market.
Despite the economic slowdown, the industry is reporting good results and have shown an encouraging 7.82 percent drop in claims.
Kevin and his English speaking team are service representatives of the Ducruet Insurance Agency. If you need coverage individual coverage or quotes for your Corporation, Kevin, Carmen and Ana are standing by to help with all your Panama insurance.
Our location (DUCRUET) is in San Fransisco, near the end of Calle 50, turn left just BEFORE the light at Via Porras on calle 77E, between the Deli Gourmet, directly across from BANISTMO. Here's a link to a map showing our office location.
Know your policies! With the rash of floods, earthquakes and windstorms here in Panama, you need to understand your coverage. We can help explain your existing policies or customize a new insurance plan for your portfolio.
Does your fire insurance have extended coverage (earthquake, lightning, flood, smoke damage etc.)? Do you have personal liability coverage?
Adequate auto insurance is essential to protect you from the crazy drivers and complicated legal system. Let us help you understand your coverage. Knowing how roadside assistance works, it can be a life saver if you are involved in an accident!
If you would like additional information regarding all types of insurance in Panama, please send me an email to firstname.lastname@example.org. I will be happy to answer all of your questions to the best of our abilities. Carmen 322-1605 or Kevin 6674-1063
Real estate has traditionally been a family's most valuable asset. It is a form of wealth that is protected by many laws. These laws have been enacted to protect one's ownership of real estate and the improvements located on the land. The owner, the owner's family, and the owner's heirs may have rights or claims in and to the property that you are buying.
Those who have an interest in or lien upon the property could be governmental bodies, contractors, lenders, judgment creditors, or various other individuals or corporations. The real estate may be sold to you without the knowledge of the party having a right or claim in and to the property. In addition, you may
purchase the real estate without having any knowledge of these rights or claims. In either event, these rights or claims remain attached to the title to the property that you are buying until they are extinguished.
The recession and deflation are seeing prices for all sorts of services, goods and commodities fall in real terms. Some say this is a downward spiral that’s hard to break as we all wait for prices to fall before we buy anything – but that aside for a moment, there is one ‘commodity’ or service that’s actually fast increasing in expense, and that’s health insurance.
For expatriates and those thinking about a move overseas, this is worrying news. Health insurance is already an expensive necessity to have for expatriates in most nations, and many expats are looking at ways of cutting the overall cost of their cover. Some find that by taking local insurance only they can cut their costs, but then they leave themselves exposed to the expat health insurance gap.
The expat health insurance gap exists for those who want to travel, relocate or repatriate, and it’s those who fall into the latter category who are being particularly affected at the moment as they realise that they are not automatically entitled to NHS care if they do return to Great Britain. What’s more, some of the largest international insurers such as AXAPPP and BUPA are keen to let expats know that their international policies are actually more competitively priced than many may previously have thought.
Why International Health Insurance is Rising MORE...
Last year around 20,000 Brits joined the 1.2 million people who decided to visit or live in Panama.
Located in Central America, Panama offers a tropical paradise of Pacific Ocean and Caribbean Sea beaches alongside cool mountain highlands. It is home to the Panama Canal, often described as one of the wonders of the modern world, and it is becoming a very popular place to retire or relocate to.
It’s always advisable to visit your doctor or a travel health clinic 4-8 weeks before setting off on your journey. Current governmental health advice given for travel or relocation to Panama recommends the following immunizations: Hepatitis A and B are recommended for all travelers over the age of 1, as is the typhoid vaccine. If you’re planning to explore Panama and travel outside of Panama City, the Canal Zone or the San Blas islands you’ll need a yellow fever vaccination too, and if you’re entering Panama from a yellow fever infected country you’ll need to have an international yellow fever vaccination certificate.
BY JOHN DORSCHNER
Trying to buy health insurance on your own and have gallstones? You'll automatically be denied coverage. Rheumatoid arthritis? Automatic denial. Severe acne? Probably denied. Do you take metformin, a popular drug for diabetes? Denied. Use the anti-clotting drug Plavix or Seroquel, prescribed for anti-psychotic or sleep problems? Forget about it.
This confidential information on some insurers' practices is available on the Web -- if you know where to look.
What's more, you can discover that if you lie to an insurer about your medical history and drug use, you will be rejected because data-mining companies sell information to insurers about your health, including detailed usage of prescription drugs.
These issues are moving to the forefront as the Obama administration and Congress gear up for discussions about how to reform the healthcare system so that Americans won't be rejected for insurance.
Good article from PG "Be aware of your surroundings"!
DON WINNER for Panama-Guide.com - I received the following today from Kristin (snip). She narrowly avoided becoming the next victim of an "express kidnapping" in Panama City just yesterday afternoon. While playing poker at the Veneto last night I was told of yet another expat who wasn't so lucky as Kristin. He hopped into a taxi on Via España near the Blockbuster. The taxi driver picked him up and then drove just half a block where three more men quickly jumped into the cab. The drove him all over town, forced him to pull as much money as possible out of an ATM, stole all of his possessions (watch, rings, wallet, etc.) and then left him without a dime out behind the Roberto Duran stadium. He was unharmed, and both of these people were very lucky. Please read the following story and LEARN from the experiences of others. If you continue to wander around with an "it can't happen to me" attitude, then you might just as well paint a big, fat target on your forehead. Anyway, please read on... (more)
Thanks again for all the help you gave us during the trauma with the van. It was a difficult time for me and you were a rock, which I know helped us through many tough spots. I am sorry when there was confusion. A lot of people were involved in coordinating the fix-it job on my end also. But it all worked out and everyone performed well. I have attached a note with some of my thoughts about the process. More.........