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MEXLAW > Insurance

10 Things You Should Know About the New Health Service in Mexico

The new year brings a new health service to Mexico, INSABI - el Instituto Nacional de Salud para el Bienestar has replaced Seguro Popular. INSABI intends to provide quality healthcare to all people living in Mexico who do not have Social Security benefits through their employer.  What you need to know about INSABI You do not need to sign up; when you need medical treatment, present a National Electoral Institute INE or CURP or birth certificate at the hospital.  This service is free; there are no monthly fees or enrollment fees. The service provides free healthcare on the first and second...

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Single Parents and the Importance of Estate Planning

One of the most important aspects of estate planning is protecting your children in the event of an untimely death. Estate planning is particularly important for single parents; single parents have a lot of added responsibilities and higher stakes compared to a dual-parent family.  As a single parent, it is even more imperative to prepare a will and select a guardian. In a two-parent home, if one parent dies, the children are more likely to remain in their home with the surviving parent but what happens in a single-parent family?  It is difficult to think about this situation, but it is...

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A Complete Home Inventory is Key to Proving Loss

Buying the appropriate home insurance policy is critical to protecting your possessions and making sure you will be able to replace them, but what is the best way to prove your material loss to the insurance company? When you file a claim for damage or loss, the insurance company will require proof of any loss you have suffered. If you experience loss whether through a robbery, fire or water damages to your home you will not be in the best state of mind to remember every item you owned, ease stress, and ensure you recoup your losses by being proactive. Document...

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Expats Have Access To Healthcare in Mexico on 3 Levels

Relocating to another country entails a lot of consideration and planning, one of the most important factors is your health. You need to feel confident you will receive quality medical care before settling into a new country. Fortunately, Mexico has a few options for excellent and affordable healthcare. Seguro Popular is Mexico's nationwide health care program, and this medical insurance covers all residences of Mexico, it is meant to ensure everyone has access to medical care even if their employer or private insurance does not cover them. This insurance is only valid at the General Hospital. It has a low annual fee,...

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The Basics of Condo Insurance for Expats Investing in Mexican Real Estate

Whether you are buying property in Mexico as a home or an investment, you have already discovered the high investment potential of Mexican real estate and will want to protect it. Some expats have put every cent they have into their new dream home and are looking forward to retiring in the warm weather. There are also expats who think of it as a business, buying one or more vacation rentals that create revenue while they are back home. As a property owner anywhere you need to purchase homeowners insurance to protect your investment, Mexico is no different. One difficulty expats experience...

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