This page will help you quickly find the logos and names of the most important Bolivian insurance companies. By clicking on the logos of insurance companies in Bolivia, you will instantly get up-to-date information on insurance matters to help you choose the most advantageous coverage.
Directory of Bolivian Insurance Companies
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Names of Insurance Companies in Bolivia
An updated list of insurance companies based in Bolivia, sourced from the Authority of Pensions and Insurance (APS)
Classification Basis in Insurance
In the insurance sector, policies are typically categorized based on the type of risk they cover. Broadly, insurance is classified into three main groups.
1. Property Damage Insurance This type of insurance covers the financial interest a person or entity holds in certain assets, aiming to protect against economic losses from unforeseen events like fire, theft, or natural disasters. Property damage insurance has a compensatory nature, meaning the insurer compensates for the actual loss suffered, not for any financial gain.
2. Personal Insurance is designed to cover individuals against risks related to their life, physical integrity, or health. It includes:
- Life insurance: This policy pays a benefit upon the death of the insured or, in some cases, upon survival to a certain age.
- Accident and health insurance: These policies cover events that may cause physical injury, disability, or illness, helping to cover medical expenses, rehabilitation, or income loss.
3. Social and Compulsory Insurance Social insurance, often part of a national social security system, is structured to protect workers and their dependents from fundamental life risks like illness, disability, unemployment, and death. Compulsory insurance is required by law in specific situations, such as civil liability insurance for motor vehicles, to ensure that victims of accidents receive compensation.
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