Tourist Attraction and Travel Costs

Because Costa Rica requires foreign visitors to take out a local policy, which costs more than $275 for a two-week stay, tour operators are asking that insurance taken out abroad be accepted as an incentive for tourist arrivals.

Wednesday, August 5, 2020

After more than four months of the country's borders being closed to tourists, commercial flights resumed on Aug. 3 with the arrival of an Iberia plane carrying more than 200 passengers from Spain.

Foreigners arriving in Costa Rica are required to have a negative covid-19 test and insurance to cover possible pandemic-related events, such as medical treatment and the possibility of the country adopting a strict quarantine that would force them to prolong their stay.

You may be interested in "Tourism and Travel: Consumer Interests and Preferences"

So far, only the National Insurance Institute of Costa Rica (INS) is authorized to market policies with the coverage required by the authorities.

In this context, the "... business sector requested since last week, that policies issued abroad be accepted. Those offered by the INS range from $275 for minors to over $965 for those over 70, for a two-week stay."

Tomas Soley, head of the Superintendencia General de Seguros (Sugese), told Nacion.com that "... It would be essential to verify that the policy has all the necessary medical coverage, if it includes accommodation costs in case of quarantine, and if Costa Rica is part of the covered jurisdiction."

According to Ministry of Tourism officials, proposals are being prepared to enforce policies issued abroad.

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More on this topic

Costa Rica to Allow More Tourists

August 2020

As of September 1, the authorities will allow the entry of U.S. residents from the states of Maryland, Virginia and the District of Columbia, and as of September 15, tourists from Pennsylvania, Massachusetts and Colorado will also be able to arrive.

A few days ago, it was reported that by September 1st, commercial flights between the US and Costa Rica, which were suspended for more than five months due to the outbreak of covid-19, will gradually reopen.

Tourism and Insurance Opportunities

August 2020

The current scenario of reactivation of commercial flights and tourist activities, are an opportunity for insurers to increase their sales, since the hiring of a policy is a mandatory requirement for tourists to be allowed to travel.

Products that offer a refund in the event of having to cancel the trip due to illness, as well as coverage at the destination if the person becomes ill, both for medical expenses and for lodging in case a quarantine is needed, constitute a great opportunity in this context of the spread of covid-19.

Marinas Get Ready to Receive Tourists

August 2020

As of September 1st, Costa Rica's tourist marinas will be authorized to receive foreign visitors, who must comply with all the requirements established by local authorities.

As a result of the covid-19 outbreak and the closing of the borders decreed by the government, the arrival of foreign tourists to Costa Rican marinas was restricted for more than five months.

Travel Insurance: Restrictions Lifted

August 2020

The executive decree was modified to allow tourists arriving in Costa Rica to present a policy taken out abroad as part of the requirements for reopening international tourism.

The Costa Rican government decided to reform Executive Decree 42513-MGP-S and now foreign visitors will no longer be required to take out National Insurance Institute (INS) policies, the price of which exceeds $275 for a two-week stay.

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