Health & Protection in Belize

While preparing your expatriation to Belize, it is important to take into account the protection of yourself, and your family. The common misconception when it comes to health and protection insurance is that you can only get your money’s worth if an emergency happens, and as emergencies rarely happen, people think it’s like flushing money down the toilet. But this is just simply not the case, especially for expats abroad. There is no reason for you to lesser the level of cover that you would normally have in your home country, especially because you are overseas.

There are several services and features you can get in different types of insurance policies especially for international insurance. What are the benefits you need to protect yourself and your family? Find out how to make the most out of your experiences by gaining tailor-made expat services and benefits through various insurance plans.

Getting Insurance

Even though Belize is quite a small country in Central America, its insurance industry is in good shape. There are several local, international, and regional insurance available for expats in this country. For general insurance, there are local insurance brokers such as RFG Insurance, Belize Insurance Center, and Insurance Corporation of Belize, which can set you up with flexible plans depending on the duration of your stay in Belize.

There are also international insurance companies that offer services in Belize such as Paragon International Insurance. Other big international insurance companies such as AXA and Healthcare International also have a presence in Belize. It is advisable to set up your insurance plans before moving to the country. You may sign up for various insurance types depending on your need by asking for quotes through the company’s websites or by emailing.

Ask your HR about the usual coverage they offer and don’t hesitate to negotiate within your package. ask your fellow coworkers at the Belize office what are they choosing in terms of benefits

Importance of Insurance

You can go through our extensive global insurance guide to understand all the implication of protecting your loved ones in Belize and overseas. There are several services that you can get even if you don’t have an emergency. For example, most international health insurance plans offer free medical check-ups and  with experts that not only help you when you’re sick but also help you to have a healthy lifestyle while you’re living in Belize. Life insurance plans can offer investment schemes for your money or even retirement plans that can be helpful when you plan to retire in Belize.

Aside from additional services, most people also tend to underestimate the cost of medical care or damages in emergencies while they’re living abroad. Even in countries with a lower cost of living, such as Belize, the amount of medical care and other emergencies can still be quite substantial. You may also have issues in getting a large sum of money ready as emergency costs are usually paid in bulk. These are things you would think are easy enough to manage, but when it comes to the actual situation, realise that it was a costly and stressful matter. These are things you can avoid if you have a good quality insurance while you’re living abroad.

Local Insurance in Belize

The public social service and healthcare system in Belize is not available for foreigners, so as expats, private insurance is most likely the only option (self insurance and other form provided by your company on a case by case basis could be too). There are a number of trusted local insurance companies that offer general, life, and medical insurance services in the country, some even offer a local and international coverage such as Paragon International Insurance. However, in a place like Belize, it is most advisable for expats to get international health insurance from a trusted international insurance provider.

Getting international insurance plans would be advisable simply because they offer services that are specifically for expats living abroad, such as medical evacuation and repatriation. The coverage for international insurance plans also has a wider range of coverage no matter where you are in the world within your plan’s limitation