Argentina Risk Assessment Country Guide 

Doing Business in Argentina

One of the largest countries in the world, Argentina has long been considered an important economic player and is one of the most substantial economies in Latin America. The Argentinean economy, the third largest in the region, is bolstered by natural resources, agriculture and manufacturing. 

According to the UK Foreign & Commonwealth Office, the security situation in Argentina can become tumultuous at times. Since December 2013, there have been a number of strikes involving local police forces throughout the country. Similarly, incidents of violence and looting have been on the rise. There is also an underlying threat of terrorism.

Due to these risks and others, you may want to consider appropriate international insurance before leaving your home country. The right coverage could help reduce the financial impact of life abroad.

  • Health
  • Safety & Security
  • Terrorism

Medical facilities are typically of very good standards across Argentina. However, the cost of healthcare can be expensive. Before leaving for the country, you should therefore contact your primary care physician to discuss any possible vaccinations and other preventative measures. 

People with asthma, sinus and bronchial problems may experience complications due to pollution in some major cities. Dengue fever is also common, and can occur at any time throughout the year.

On March 13, 2016, the CDC issued a Watch Level 1 for travel to Argentina as there have been 1,000 cases reported of the locally transmitted disease Chikungunya in Argentina. Chikungunya causes fever and joint pain and the CDC recommends that travelers to Argentina protect themselves from mosquito bites. 

Clements Worldwide offers GlobalCare® health insurance 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.

In addition to GlobalCare®, you may need to travel in order to reach proper medical services. 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.

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 Argentina.

Source: UK Foreign & Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions

The political climate in Argentina has been volatile recently. Political demonstrations and picketing is common throughout the country, and you should take care to avoid all large gatherings and possible disturbances. These can occur in many locations, and have been known to turn violent in the past. In some cases, demonstrators have blocked major roads in and out of Buenos Aires, causing significant travel delays. 

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.

Driving and road conditions vary across Argentina. In many cases, standards are good, although that may not always be the case. Some drivers disregard speed limits and traffic signals.

Clements offers international 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 operating in the waters near Argentine Provinces may also want adequate 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 Argentina.

Source: UK Foreign & Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions

There is an underlying threat of terrorism in Argentina. Attacks are unlikely at the moment, but if any do take place, they could target locations often visited by expats and tourists. Since 2004, a number of small explosions in Buenos Aires have mostly targeted banks. In 2012, a small explosion took place near the office of the EU Delegation in the city, with no casualties. 

Clements International High Risk insurance 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 Argentina.

Source: UK Foreign & Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions