1. Insuring Your Future Today……….With Someone You can
Trust!
Magda Crespo Insurance
& Asoc.
2. We Made It!
• We finally made it to
Panama.
• Bought a House and a car.
• And we are going to
travel to Cuenca,
Cartagena, Argentina, and
so on.
• But what do we do if we
get ill, or have an
accident?
3. CAR INSURANCE
• It is required by Law in
Panama to have at least
liability.
• Can anyone drive my car
and still be covered?
• Get enough coverage.
• What do I do when
stopped by police?
• What is the Maximum
liability in Panama?
• What papers do I need to
have in my car?
4. 1. Copy of my car title.
2. Copy or original of
vehicle insurance policy.
3. Copy of my passport or
my driver`s license.
4. Minors Accident Report.
5. Copy of my vehicle
inspection or
“Revisado”.
6. Book of the rules of
transit in Panama.
5. What to do in case of an Accident.
1. If someone is hurt, call
911, then call MAGDA.
2. Take pictures of the
accident and plate
number of the other car.
3. Call the emergency
number from your
insurance company.
4. Move the car out of the
way, and wait for the
police or the inspector.
9. Health Insurance
What do we need?
Are there many deductible options?
Will it cover me in US or other countries, or
only Panamá?
Do I have to go througha series of lab tests in
order to get it?
Will they cover my pre-existing conditions?
What about Medicare?
Does the plan meet Obama Care
requirements?
10. The Good News!
• There is a Plan that will cover you 100% in
Panama and Internationally.
• Maximum deductible is only $5,000
• And yes! It could cover your pre-existing
conditions, depending on each case.
• In country of residence (Panama), deductible is
waved in case of:
Hospitalizations
Emergencies
Accidents
• Their basic hospital is Punta Pacifica (John
Hopkins Hospital affiliate).