Tender for Insurance Policies

Seven all-risk and/or physical damage to property insurance policies are required to be tendered at five International Airports in Panama.

Friday, August 13, 2021

Panama Government Purchase 2021-2-02-0-08-LV-009919:

"In the following Panama airports managed by AITSA, different policies are required:
1. Tocumen International Airport.
2. Enrique Malek International Airport (David-Chiriqui).
3. Scarlett Martinez International Airport (Rio Hato-Cocle).
4. Enrique A. Jimenez International Airport (Colon).
5. Panama Pacifico International Airport (Howard).

The policies to be required for the airports must be valid for three years and are the following:

1. All Risks Insurance for Loss and/or Physical Damage to Property: includes breakage of machinery and electronic equipment.

2. Airport Liability Insurance. (ARIEL Major Airport Wording): Bodily Injury, including death; Damage to property of third parties arising from the property, maintenance, use of premises, services and facilities necessary for its operations; Personal Injury; Injuries or Damages resulting from the operations of Tocumen International Airport.

3. Directors and Executives Liability Insurance: Damages due to any civil claim as a result of acts, errors, omissions or non-observance of the duties of the directors, officers, managers or any decision making as long as they have acted in the development of their functions.

4. Terrorism (Property) Insurance: Terrorism for all Real and Personal Property belonging to, used or intended for use by the Insured.

5. Infidelity and Commercial Loss Insurance: Protection for the handling of cash and valuables by the staff. Policy designed to protect against a risk resulting from a dishonest act of your own employees that may affect your patrimony or that of your clients.

6. Group Life Insurance: The required benefits and coverages are established in the Table of Benefits of the contract.

7.- Hospital Medical Insurance: The issuance and coverage service is for the following average per year: Age limit: from 18 to 65 years old and will terminate at the age of 70.

For more information, please access the tender."

Deadline to submit bids: September 27, 2021.

See tender.

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