by Kevin Bradley | Oct 2, 2019 | Fire Insurance
In order to issue coverage for the Muli-risk Homeowners contents coverage, we will need: 1. $$$ value of the contents? Furniture, appliances, electronic equipment, artwork, jewelry 2. Exact address of the residence? Name of the insured…should be issued in your...
by Kevin Bradley | Sep 27, 2019 | Fire Insurance
Two men were injured recently in an Explosion/Fire at a condo in Bethania. The victims were doing maintenance in the kitchen/laundry area of Apt. 5-A when the gas blew! One is in serious condition, see the La Prensa link here:...
by Kevin Bradley | Sep 27, 2019 | Fire Insurance
A study on the seismic risk of the western city of David, Panama, presented today by the Government and the World Bank, found that 35% of homes are vulnerable to an earthquake, and recommended a series of measures to minimize the impact of a possible natural disaster...
by Kevin Bradley | Sep 26, 2019 | Fire Insurance
Here is an extract describing coverage available from a large multinational insurer here in Panama. The coverage is available within a multirisk comprehensive homeowners policy at a very competitive rate: Robbery with forced entry or/and assault inside the residence...
by Kevin Bradley | Sep 26, 2019 | Fire Insurance
The homeowner’s multi-risk contents package includes all the coverage of a standard fire insurance policy, as well as, personal/general and fire legal liability up to $100,000. The multi-risk package also covers Employers liability (domestic employees) up to...
by Kevin Bradley | Sep 26, 2019 | Fire Insurance
Since we do not insure land, fire insurance is quoted for the “structure” based on the purchase price/appraisal or estimated reconstruction cost. Remember, in Panama we separate structure and contents policies. The standard Panama “structure”...