Insurance in Bolivia 2025: A Guide to Health, Auto & Property

Your Essential Guide to the Bolivian Insurance Market

Welcome to your guide to understanding the insurance landscape in Bolivia. Whether you are an expatriate needing health coverage, a driver looking to comply with the law, or a homeowner protecting your assets, this guide will provide the essential information to navigate your options with confidence.

The entire Bolivian insurance sector is supervised by the APS (Autoridad de Fiscalización y Control de Pensiones y Seguros), the official government entity that ensures all companies operate legally and maintain financial solvency, protecting you as a policyholder

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How to Choose an Insurance Company in Bolivia

Assess your needs: Clearly define what you need to protect in order to make an effective comparison of policies.
Check with the APS: Before considering any insurer, confirm that it is authorised by the APS. This is the most important step in ensuring that you are dealing with a legitimate, regulated company.
Compare quotes and coverage: Obtain quotes from several providers. Read the policy details carefully, paying particular attention to the coverage limits, deductibles and, above all, the list of exclusions.

Understanding Key Insurance Types in Bolivia

1. Auto Insurance & SOAT

Auto insurance in Bolivia has two distinct parts:

SOAT (Seguro Obligatorio de Accidentes de Tránsito): This is the mandatory insurance required for all vehicles. It is a basic personal accident policy that covers medical expenses, disability, and death for drivers, passengers, and pedestrians involved in a traffic accident. Crucially, SOAT does not cover damage to your vehicle or to third-party property (like another car). The state-owned company Univida S.A. is responsible for administering SOAT.
Voluntary Auto Insurance: To cover theft, damage to your own car, and damages to other people’s property, you must purchase a separate, voluntary policy from general insurers like La Boliviana Ciacruz, Alianza Seguros, or Nacional Seguros.

2. Health Insurance

Bolivia has a dual healthcare system:

Public System (SUS): The Sistema Único de Salud (SUS) aims to provide free, universal healthcare to all residents. While access is universal, the system can face resource shortages and long wait times.
Private Health Insurance: To gain faster access to private clinics, a wider choice of doctors, and more comprehensive care, many residents and expatriates opt for private health insurance. These plans are offered by major insurers and specialized providers like Bupa for international coverage.

3. Life & Property Insurance

Life Insurance (Seguro de Vida): Provides financial protection for your family. Policies range from term life insurance (coverage for a specific period) to whole life plans that may include a savings component.
Property Insurance (Seguro de Hogar/Multiriesgo): Protects your home and belongings from risks like fire, theft, and water damage. Given local conditions, this is a highly recommended policy for homeowners and renters.

Leading Insurance Providers in Bolivia

Explore our directory of leading insurance providers in Bolivia. To help you compare options, we have organized each company by its primary focus. Click on any logo to access their official website and learn more about their services

Insurance lines

General & life providers
Health Insurance Providers
Global Specialty Risks
Insurance Brokers & Risk Advisors
Other Financial Institutions (Banks)
Government Schemes & Entities
Retirement Savings

Allianza Seguros

Offers a complete portfolio including vehicles, home, SMEs, corporate, health, life, personal accidents, civil liability, transport, and technical lines such as engineering and construction.

BISA Seguros

Part of the BISA Financial Group, it provides comprehensive solutions in health, life, auto, home, corporate, accident, disability, and surety bonds.

Nacional Seguros

One of the leading insurers in the Bolivian market, with a strong presence in personal insurance (life and health) and general insurance (property and vehicles).

La Boliviana Ciacruz Seguros

With a long history, it is one of the largest and most recognized companies in the country. It offers complete coverage for auto, home, life, health, and business insurance.

Crediseguro

Linked to Banco de Crédito BCP, it is a key insurer in the sector, offering a variety of personal insurance products, including credit life, auto, and card protection.

Univida S.A.

The state-owned company responsible for administering and selling the Mandatory Traffic Accident Insurance (SOAT) in Bolivia. It is a key player in the country's auto insurance sector.

Bupa

A leading health and care company providing private health insurance for millions of Australians with extensive network access.

Cardinal Assistance

Offers travel, medical, legal, and other assistance services.

APS

This is the government's regulatory entity that supervises all insurance and pension companies in Bolivia, guaranteeing their solvency and compliance with the law.

La Vitalicia

Offers life, health, retirement, disability, accident, savings, education, funeral, and group insurance, as well as annuities and pension fund management.

Zurich Versicherungs-Aktiengesellschaft

A global provider offering a broad range of life insurance, investment, and retirement solutions for Australians.

Illimani

Offers auto, construction, liability, personal accidents, customs bonds, contract compliance, international transport, property, equipment, and theft insurance.

AON

A global leader providing risk management, insurance brokerage, and advisory services.

Pacific Prime

A broker specializing in international health plans.

Frequently Asked Questions (FAQ)

1. What is SOAT in Bolivia and is it mandatory? SOAT stands for Seguro Obligatorio de Accidentes de Tránsito and it is mandatory for all vehicles. It is a basic policy that only covers medical expenses for people injured in a traffic accident. It does not cover vehicle damage.

2. Who regulates insurance companies in Bolivia? All insurance companies are regulated and supervised by the APS (Autoridad de Fiscalización y Control de Pensiones y Seguros). Always check their official website to verify an insurer is legitimate.

3. What is the difference between the public health system (SUS) and private insurance? The SUS is the government’s universal free healthcare system. Private health insurance is a paid plan that gives you access to a network of private doctors and hospitals, which typically offer faster service and more amenities.

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