Category Archive For "Insurance"
Insurance underwriting process: what is it and how does it work?
You’ve likely heard of the term ‘underwriting’ before, especially in relation to insurance. But, do you know what it entails? Every potential policyholder looking to buy insurance will have to go through an insurance underwriting process. It assesses your risks to determine an appropriate premium. Read on for Pacific Prime Latin America’s rundown of the …
3 things to consider when personalizing your health insurance plan
Nowadays, we’re all looking to personalize everything in our lives, ranging from our holiday experiences to the clothes we wear. The process of which means we are getting exactly what we want. The same can also be said of securing a personalized health insurance plan. This is because it’s likely to fulfill your healthcare needs, …
Inpatient vs outpatient insurance: Key differences explained
Home to more than 18,000 hospitals, Latin America is a popular medical tourism destination. Though some Latin American countries provide free, high-quality care to their citizens, this is not the case for all. That’s why securing an international health insurance plan is your best bet in avoiding surprise costs while also ensuring your access to …
3 tips for relocating to a different country in 2021
Are you planning to relocate to a different country in 2021? If so, you are not alone! According to the Graebel and Wakefield Research survey, 80% of workers were found to show interest in relocating, and just under a third (31%) stated that they would relocate internationally. However, the responses came back higher for those …
What is the cost of international health insurance in Mexico and Latin America?
Mexico welcomes expats with open arms – as does much of Latin America. It’s common for Mexicans to speak English, making communication much easier than in many foreign countries. Healthcare providers also often speak English so you can be confident that you’ll get the medical assistance you need should you require it. Paperwork, however, will …
Where can I travel in Latin America? A guide to travel restrictions by countries
Travelers wait with bated breath as countries are gradually opening up again. Many of us can’t wait to scratch that travel itch in a world where it’s safe again for vacations and business trips. Hopping on a short flight to a neighboring country is no longer as easy as it once was. While necessary, the …
COVID-19 vaccines to begin for those aged 40 – 49 in June
Mexico’s vaccination program has progressed well after vaccinating over 15 million seniors (aged 60 and over), and adults aged 50 – 59, since February 2021. According to the Reuters COVID-19 tracker, this equates to approximately 35,168,248 doses of COVID-19 vaccines so far, which means about 13.8% of the country’s population has been vaccinated. As it …
Your guide on choosing the best travel insurance in 2021
While globally, more people are vaccinated, traveling is still largely unpredictable. You don’t know if there’s going to be a next wave at your destination, or if the government will be extending the quarantine. Given that, securing comprehensive travel insurance is more important than ever to protect your physical, mental, and financial health. In this …
Your complete guide to retiring in Mexico: visa, housing, and healthcare
Many people dream of spending their golden years in a sunny and warm location, often heading to tropical paradises like Phuket, Ibiza, or Bali, amongst many other common destinations. But why settle for these, when you could also choose Mexico as the country to retire in? As a vibrant country bordering the US, Mexico has …
What is the average monthly cost of living in Costa Rica in 2021?
Whether it’s lush tropical rainforests, volcanoes, or beaches, Costa Rica is firmly on the tourist trail and attracts scores of visitors each year. In fact, this Central American country is also a gem for expatriates and foreign retirees, largely due to its low cost of living. If you’re planning to make Costa Rica home, you …