Mexico Insurance Industry
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
LIFE INSURANCE IN MEXICO
There is no certainty about accidents and mishappenings. So the Life Insurance policies adapted is for meeting the needs of each individual or family, wherever they may be in the world. The various life insurance plans include term life, universal life, and whole life.
- Term life offers the basic life insurance protection covering 10, 15, 20, 30-year periods and can be converted into a Universal life insurance policy.
- The Universal policy is more flexible, guaranteeing the possibility of withdrawals as well as income tax free revenue created by the policy.
- Whole life plan offers permanent life insurance that provides complete and reliable protection to policyholders.
HEALTH AND MEDICAL INSURANCE IN MEXICO
Generally the best health and medical insurance plans cover expenses of up to $500,000 to $1,000,000 dollars per year which is renewable every year and offer a network of the best hospitals around the globe.
It includes free coverage for all children under the age of ten, coverage of 100% of hospital and medical expenses in the country of residence after the choice of deductible, and medical care covering birth defects, premature births and other complications.
AUTO INSURANCE IN MEXICO
U.S. auto insurance is not recognized in Mexico. There are many in Mexico who drive without any auto insurance which is very dangerous.
HOME INSURANCE
The object of home insurance is to secure home from damage or loss and to cover the costs of any accident that may occur. This includes coverage for such cases as vandalism, theft, fire, lightning, civil violence or disturbance, hail storms, windstorm, hurricanes, and other possible scenarios.
