Kevin and the English speaking team are service representatives of the UnityDucruet Insurance Agency. If you need coverage for a Corporation or as an Individual, Kevin and Carmen are standing by to help.
It will be our pleasure to discuss Health Insurance, Life Insurance, Fire/Theft/Liability for your Condo/Home or Office. We are ready to provide assistance with all your Panama insurance needs...
In December of 2003, I moved to Panama after many visits to this country in the previous two years. After witnessing the traffic in Panama City, I knew I needed automobile insurance before I ever considered getting under the wheel. I approached Kevin Bradley (who came with many high recommendations) regarding my insurance needs. He promptly took care of my needs with adequate coverage at the most competitive rates....
Born and raised in Panama, I have been attending to the insurance needs of the Panama-English speaking community for over 35 years. A graduate of Texas A&M University '69, I am a fully licensed Panama Insurance Broker and a longtime member of the American Chamber of Commerce of Panama and Industry of Panama + National College of Insurance Brokers of Panama. I am also a member of the Elks Lodge 1414 in Balboa and Summit Golf resort.
Auto insurance in Panama is similar to coverage issued in the USA/Canada and Europe. Protection for Basic third party liability, Medical payments, Collision and Comprehensive/Fire/Theft are available at very reasonable rates.
While the Panamanian Government requires proof of basic liability coverage in order to obtain a license plate, there is a good chance that the person who smashes into your car will NOT have auto insurance.
It is my opinion that TERM insurance is the best life insurance for most occasions. While term life insurance rates in Panama are still on the high side, they are considerably lower than Whole Life or Universal Life products.
As part of the Mortgage/loan contract, banks and other lending institutions will require life insurance from a Panama licensed insurance company (will not accept your USA, Canada life policy as a guarantee).
More...
Below you will find a web page describing several local health insurance plans that I believe are acceptable. http://www.amundial.com/es/planes-sal-ind.aspx You should know that local companies change rates and coverage often, so please don't hold me to these as chiseled in stone. Be very careful of "coverage" sold by local hospitals, they are not insurance contracts and these "agreements" may change at the whim of the hospital. They are woefully inadequate for any serious condition and most will only pay up to $15,000 lifetime. Remember, most intensive care facilities are $800.00/day. MORE...
Following our mayor, Juan Carlos Navarro's eloquent welcome to the Expat visitor/attendees, I was invited to speak to the group about "Insurance in Panama". The response was warm, friendly and based on the questions I was asked, this is a very informed group of achievers who have done their homework on Panama.