Lisbon

Insurance Providers in Lisbon, Portugal

Types of Insurance Available

1. Health Insurance

   • Public Health System (SNS): Provides basic healthcare services. EU citizens can access it with an EHIC card.
   • Private Health Insurance: Offers faster access to services and a wider choice of providers.
   • Major Providers: Médis, Multicare, Allianz, and Fidelidade.

2. Car Insurance

   • Mandatory Coverage: Third-party liability insurance is required by law.
   • Optional Coverage: Comprehensive insurance, which covers theft, fire, and damage.
   • Major Providers: Ageas, Allianz, Fidelidade, and Generali.

3. Home Insurance

   • Coverage Types: Fire, theft, water damage, and liability coverage.
   • Major Providers: Fidelidade, Allianz, and Zurich.

4. Travel Insurance

   • Coverage Types: Medical emergencies, trip cancellations, lost luggage, and personal liability.
   • Major Providers: Europ Assistance, Allianz, and Travel Guard.

Major Insurance Providers in Lisbon

• Fidelidade: One of the largest insurers in Portugal, offering a wide range of insurance products.
• Allianz: Global provider with comprehensive insurance options.
• Multicare: Focuses on health insurance with various plans.
• Ageas: Offers car and home insurance with customizable options.
• Zurich: Provides home and travel insurance with international coverage.

Typical Costs

• Health Insurance: €30 to €100 per month, depending on coverage and age.
• Car Insurance: €300 to €800 annually, depending on the vehicle and coverage type.
• Home Insurance: €100 to €300 annually, based on property value and coverage.
• Travel Insurance: €5 to €15 per day, depending on the destination and coverage.

How to Apply or Sign Up

1. Health Insurance:

   • Research providers and compare plans online.
   • Contact the provider directly or visit their office.
   • Provide necessary documentation (ID, proof of residence, etc.).

2. Car Insurance:

   • Obtain quotes from multiple providers online.
   • Choose a plan and provide vehicle details.
   • Submit required documents (driver’s license, vehicle registration).

3. Home Insurance:

   • Assess the value of your property and belongings.
   • Request quotes from different insurers.
   • Complete the application online or in person.

4. Travel Insurance:

   • Compare plans online based on your travel needs.
   • Purchase directly through the provider’s website or via travel agencies.

Local Considerations and Procedures

• Language: Most providers offer services in English, but having basic Portuguese can be helpful.
• Documentation: Keep your residence permit, tax number (NIF), and identification handy when applying.
• Cultural Nuances: Building a relationship with your insurance agent can be beneficial. Personal recommendations are valued.
• Legal Aspects: Familiarize yourself with Portuguese insurance regulations, especially regarding mandatory coverages (e.g., car insurance).

Conclusion

Understanding the insurance landscape in Lisbon is crucial for newcomers. Researching providers, comparing plans, and being aware of local customs will facilitate a smoother transition into life in the city.