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privateFinancial Strength: A+ (Vienna Insurance Group — S&P)

Compensa Life (Latvia)

Compensa Life Vienna Insurance Group SE Latvijas filiale

70Score

★★★☆☆3.5

Customer satisfaction · 0 members

VIG: Life & Health Specialist (S&P: A+)(2025)

Compensa Life is a Vienna Insurance Group company operating in Latvia as a life and health insurance specialist. It covers inpatient and outpatient care for foreigners with residence permits and offers combination life + health products. It is one of three insurers covering foreign residents in Latvia.

Overall Score

70/100

Founded

Headquarters

Riga

Type

private

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Key Metrics

Parent Company

Vienna Insurance Group

Foreign Coverage

Inpatient and outpatient for residence permit holders

Specialty

Life + health combination products

Foreign Resident

One of three insurers covering foreign residents

Editorial Ratings

VIG: Life & Health Specialist (S&P: A+)(2025)

Rating: VIG-backed; covers foreign residents; life + health specialist (max: #1)

70Bank

Coverage Highlights

✓Part of Vienna Insurance Group (S&P: A+)
✓Inpatient and outpatient care for foreigners with residence permits
✓Life + health combination insurance products
✓One of three insurers covering foreign residents in Latvia

Pros

✓Strong VIG parent (S&P: A+)
✓Foreign resident coverage (one of only three providers)
✓Life + health combo products for long-term savings
✓Financially solid backing

Cons

✗Latvian-only website (no English)
✗Smaller market share
✗Less health-specific brand recognition

Frequently Asked Questions

Does Compensa Life cover foreigners in Latvia?

Yes. Compensa Life covers inpatient and outpatient care for foreigners with residence permits. It is one of only three insurers in Latvia providing this coverage.

What makes Compensa Life different?

Compensa Life specializes in combination life + health insurance products, offering long-term savings alongside health coverage, backed by Vienna Insurance Group (S&P: A+).

Quick Summary

InsurerCompensa Life (Latvia)

Country🇱🇻 Latvia

Overall Score70/100

Satisfaction3.5/5

Members0

Typeprivate

Founded0

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