Portugal Risk Assessment Country Guide 

Doing Business in Portugal

Located on the Iberian Peninsula bordering Spain, Portugal is the westernmost country in mainland Europe. Home to more than 10 million citizens, the nation is considered well-developed with a robust economy. Today, much of Portugal is centered on exports, private investment and technology. 

According to the UK Foreign & Commonwealth Office (FCO), more than 1.9 million British nationals travel to Portugal each year. Most visits are uneventful, although there are a number of risks present in life abroad. For example, there is an underlying threat of terrorism and a fair amount of street crime.

Because of these possible risks, you may want to consider acquiring the appropriate international insurance prior to leaving for Portugal. This coverage can help reduce the financial impact of life in a foreign country. 

  • Health
  • Safety & Security
  • Terrorism

Portugal's health care facilities are generally of a high standard, similar to those found in the US and the UK. However, before leaving your home country, you should contact your primary care physician to discuss any possible vaccinations or other preventative measures. With regards to possible health risks within the country, the risk of dengue fever on the island of Madeira has declined, as fewer cases have been reported. 

Clements Worldwide offers International Health Coverage. This policy includes USD 5 million in health care benefits, and allows you to choose any number of doctors across the world. Clements coverage enables flexible payment plans, choice of deductible and optional War and Terrorism coverage. This extends your policy to include illness or injury caused by an act of war and terrorism. No coinsurance payment is required following the deductible, and prescription drugs, maternity care, mental health treatment and much more are included.

In some cases, evacuation to another location for medical treatment may be required. A Medical Evacuation and Repatriation insurance policy from Clements covers expenses to transport you to a capable medical facility in case a local medical center isn’t able to provide adequate treatment in Portugal.

Call us today at +1.202.872.0060 or 800.872.0067 or email request@clements.com to discuss your organization’s travel needs tailored to considerations involved while operating in Portugal.

Source: UK Foreign and Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions

The political situation in Portugal is relatively stable. However, you should still take care to avoid all political demonstrations or other large gatherings.

A Personal Accident insurance policy from Clements protects your organization’s employees and their families’ financial stability following an accident, regardless of whether it occurs on the job or during personal time. Coverage begins at USD 100,000 per person.

Portugal's road conditions are adequate across the country. According to the UK's Department for Transport, there were 743 road deaths in 2012 alone, which equals a rate of 7.0 road deaths per 100,000 of the population.

Clements offers Overseas Car insurance, which includes Physical Damage, Third Party Liability, and Excess Liability coverage. With flexible deductible options and fast claims processing, your policy will provide coverage for your vehicle fleet whether it’s on the road, parked or transported abroad.

An optional Political Violence extension is also recommended, which broadens the coverage to include strikes, riots, malicious damage, sabotage, war, terrorism or civil unrest.

Mariners near Portuguese waters may also want proper coverage. A Maritime Security insurance policy from Clements ensures compliance with BIMCO insurance requirements and GUARDCON standards that will achieve cost savings, better coverage, and more efficient policy administration.

Call us today at +1.202.872.0060 or 800.872.0067 or email request@clements.com to discuss your organization’s travel needs tailored to considerations involved while operating in Portugal.

Source: UK Foreign and Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions

There is an underlying threat of terrorism in Portugal. Attacks could take place at random, and targets may include locations often visited by expats and tourists. 

A War and Terrorism insurance policy from Clements offers the right coverage against the risks of civil unrest, war, riots, looting and acts of terrorism.

Clements also provides a Kidnap and Ransom insurance policy, which ensures financial assistance following a kidnapping, such as independent investigations, negotiations and the arrangement and delivery of funds.

Call us today at +1.202.872.0060 or 800.872.0067 or email request@clements.com to discuss your organization’s travel needs tailored to considerations involved while operating in Portugal.

Source: UK Foreign and Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions