Philippines Insurance

Suitable Philippines insurance should be a priority if you are going to work here. Due to ongoing conflicts with Islamic and Marxist groups there is some risk of terrorist activity and kidnapping throughout the country. High levels of crime are also a consideration. Standard travel insurance in the Philippines may not provide sufficient cover.

What risks might you encounter in the Philippines?

The Philippines consists of more than 7,000 islands and is an area prone to earthquakes, and eruptions from over 20 active volcanoes. It is also hit by around about twenty typhoons a year and flooding and landslides are not uncommon. In November 2013 Typhoon Haiyan devastated large areas of the country with wind speeds that were the fastest ever recorded on land at the time.

According to the FCDO, you are advised to avoid western and central Mindanao and the Sulu archipelago because of terrorist activity and clashes between the military and insurgent groups. There have been incidents across the country, including Manila. It’s likely that terrorist groups continue to plan kidnap operations against western nationals in the Philippines, both on land and at sea. Kidnap and Ransom insurance might be advisable for any of your people working here.

Adequate medical care is available in major cities in the Philippines, but may not meet the standards of care you are used to. Most hospitals will require a cash payment at the time of admission. Anyone travelling to the remotest regions is advised to have specialist Medical and Evacuation insurance.

If you are involved in import, export or business investment here, Trade and Political Risk insurance may be a wise precaution, protecting you from non-payment or business failure due to political or civil upheaval. Crime is often a problem in major cities and visitors are advised not to openly carry valuables. Be mindful of local customs and laws since penalties can be severe, particularly with regard to any sort of illegal drug use, which attract mandatory jail sentences.