Road accidents are a sad reality that affects many people around the world. Every year, thousands of people are killed and seriously injured in these incidents, leaving a lasting impact on both the victims and their families.

Statistics on road accidents vary by country and region, but overall the numbers are alarming. According to the World Health Organization, it is estimated that around 135 million people die each year from road traffic accidents worldwide. This equates to more than 3,500 people dying daily.

In addition to fatalities, road traffic accidents also cause a large number of serious injuries. Many people are disabled for life or have injuries that require long rehabilitation. These injuries can have a devastating impact both physically and emotionally, affecting the quality of life of victims and their loved ones.

The causes of road traffic accidents are varied and range from distracted driving, speeding, alcohol and drugs consumption to poor road conditions and failure to comply with traffic rules. It is important to note that most accidents could be prevented if appropriate measures were taken, such as road education, enforcement of stricter traffic laws and improvement of road infrastructure. Victims of road traffic accidents not only suffer physically, but also face economic and emotional difficulties. The medical and rehabilitation costs can be overwhelming, and families are often forced to face significant financial difficulties. In addition, the emotional aftermath of an accident can be long lasting for both victims and their loved ones. Panama has a mandatory motor insurance law; however, as discussed earlier, you are currently dissenting when claiming compensation.

1. The basic limits are too low and insufficient to cover injury, recovery, sequelae or compensation in case of death.

2. The requirements of the Cias. Insurance companies often ask for compensation, but it is very difficult to obtain from the victims and they are left defenceless to claim compensation.

It is essential that governments implement policies and programmes that promote road safety, such as the construction of safe roads, improved road signage, promotion of road education and strict enforcement of traffic laws.

In short, traffic accidents are a tragedy that affects many people around the world. With a focus on prevention and awareness, we can work together to reduce the number of road deaths and injuries, ensuring a safer environment for all.

Legal Director of Chang Holding Corp.