Bolivia Risk Assessment Country Guide 

Doing Business in Bolivia

A landlocked nation in central South America, Bolivia is geographically diverse, with a developing economy and a high poverty level. The country as a whole is multiethnic, with a vast range of spoken languages and different cultures. Currently, the Bolivian economy is dependent upon the country’s large natural gas reserves, as well as the burgeoning tourism sector. 

According to the UK Foreign & Commonwealth Office (FCO), there are a number of risks present for those living and working in Bolivia. There is a chance of express kidnappings as well as a low threat of terrorism. Social conflict is also common, which could disrupt travel across the country. You should always carry a photocopy of your passport, as well as other personal documentation, should police or immigration officials decide to question you.  

  • Health
  • Safety & Security
  • Terrorism

On March 13, 2016, the CDC issued a Watch Level 1 for travel to Bolivia as there have been 14 cases reported of the locally transmitted disease Chikungunya in Bolivia. Chikungunya causes fever and joint pain and the CDC recommends that travelers to Bolivia protect themselves from mosquito bites. 

In May 2015, the first local transmission of Zika virus infection was reported in South America, including Bolivia. There have been more than 10,000 cases reported. Local transmission means that mosquitoes in the area have been infected with Zika virus, spreading it to people. The most common symptoms of Zika virus disease are fever, rash, joint pain, and conjunctivitis (red eyes). The illness is usually mild with symptoms lasting from several days to a week. Severe disease requiring hospitalization is uncommon. Talk to your doctor or nurse if you develop these symptoms. Although there is no cure or vaccine for Zika, take standard precautions against mosquito bites and practice safe sex. Pregnant women should consider postponing travel.

Before leaving your home country, you should contact your primary care physician to discuss all possible vaccinations and other preventative measures. Recently, Bolivian authorities have confirmed an outbreak of AH3N2 flu in the country, specifically impacting the regions of La Paz, Oruro and Potosi. A yellow fever vaccination may be required depending upon country of origin. Dengue fever is also endemic to Latin America, and this illness can occur at any time throughout the year. Instances of malaria have been reported in Beni, Pando, Yacuiba and Paracari. 

Medical facilities in large metropolitan areas are of typically acceptable standards, although outside main cities, these facilities could be in worse condition. Insurance is therefore recommended to cover any costs related to medical care.

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 some cases, you may need to travel in order to reach appropriate 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 Bolivia.

Source: UK Foreign and Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions

The political climate in Bolivia can become unstable at times. Demonstrations have been known to turn violent, and you should avoid all large crowds, rallies and protests. Road blockades have been used as form of protest, and you shouldn't attempt to pass through any that you may come across.

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.

Road conditions are poor across Bolivia. Drivers often behave erratically, which could lead to a high number of accidents. The rainy season, from November to March, can wash away or flood roads, leading to problems traveling across Bolivia. 

Clements offers Worldwide 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.

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 Bolivia.

Source: UK Foreign and Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions

There is a low threat of terrorism in Bolivia. However, potential attacks could be indiscriminate and target locations often visited by expats and tourists.

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

There is also a risk of express kidnappings in the country. These are short-term abductions aimed at extracting ransom quickly in exchange for release. On August 26, 2016, Rodolfo Illanes, the Deputy Interior Minister of Bolivia, was killed after being kidnapped by striking miners after he attempted to "talk with them".

A Kidnap and Ransom insurance policy from Clements ensures financial assistance following a kidnapping, such as independent investigations, negotiations, 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 Bolivia.

Source: UK Foreign and Commonwealth Office and Clements Worldwide

Contact a Clements Representative for Insurance Solutions