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What do you need to know when purchasing insurance?

Have you ever wondered what to look for when purchasing insurance? Many people have purchased insurance in their lives without even knowing what coverages are included in the price of what they are paying.


Uniseguros is an insurance broker that offers a wide range of insurance policies through 13 authorized insurance companies in Costa Rica. Always with the slogan of providing insurance tailored to your needs, Uniseguros has trained its brokers to provide a personalized service tailored to your needs.

Cell phone use is one of the main causes of accidents on the road, causing more than 20% of the accidents that occur.

The initial step is that you are clear about your needs and your budget, that is to say, that you know what coverage you require and under what conditions, an insurance intermediary, either agent or broker, can advise you on this. Likewise, you should know that the greater the coverage and the better the conditions, probably the higher the premium cost will be, so it is important that you are clear about the amount you are willing to pay.


Once you have made an informed decision about the insurance you require, it is necessary that you inform yourself about the risks, benefits, obligations and charges related to the policy you wish to purchase. In addition, you must subscribe and submit a formal insurance application to the insurer or insurance intermediary (brokers and agents), which must be accepted or rejected by the insurer within the following 30 calendar days, counted from the date of receipt of the application. Acceptance may even be immediate and the insurance becomes firm.


​​Another modality is when the acceptance of the conditions is made by the policyholder. In these cases the insurer issues an insurance proposal or offer and upon acceptance by the policyholder the contract is perfected. This modality occurs, among others, in self-expeditable insurance policies.

In Costa Rica there are 13 insurance companies authorized by SUGESE.

​Prior to contracting the insurance, the insurer and/or authorized intermediaries must inform the client in writing of the following:

  • Product features and information, including associated risks, benefits, obligations and charges.

  • Clear explanation of policy coverages and exclusions.

  • Period of validity of the insurance.

  • Procedure for premium payment and claim in case of loss.

  • Causes for termination of the contract.

  • Right to cancel the contract, penalties, term and procedure.

  • Right to receive a timely response to any claim, request or application submitted, personally or through their legal representative, to an insurer or intermediaries, within a maximum period of thirty calendar days.

  • The companies that make up the network of auxiliary service providers for the services to be contracted. At the time of requesting the services, the consumer will choose freely among the different suppliers that make up the network.


Translated with www.DeepL.com/Translator (free version)



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