In Thailand as with other countries it is important to have insurance to protect yourself and your family against accidents and other dangers. This page will be divided into four specific categories:
Health Insurance
Car/Motorbike Insurance
Life Insurance
House Insurance
There are several reasons why medical insurance for foreigners in Thailand is not just a good idea but a crucial matter to consider for several reasons. Even though hospital treatment is cheap in Thailand by Western, particularly American standards, any serious inpatient treatment such as surgery or cancer treatments, for example, can be painfully expensive at a top-notch hospital and can swiftly put a huge strain on your finances. Also, retired expats now need to show health insurance documentation to be eligible for their yearly retirement extensions.
There are many companies who provide health insurance in Thailand. Different policies have different levels of out-patient and in-patient cover, it is important for you to know what you are looking for before you buy health insurance.
Foreigners with work permits can contribute to the Social Security in Thailand, which will give you a certain level of medical coverage.
Please read the articles below for further information:
A Guide for Social Security Benefits for Foreigners in Thailand
Below are some Health Insurance providers in Thailand (There are many more)
Allianz is a worldwide insurance company and one of the most reputable in Thailand.
You have two options when it comes to car insurance in Thailand. These include Compulsory Third-Party Liability Insurance and Private Insurance. All cars and motorcycles registered in Thailand are required to have Compulsory Third-Party Liability Insurance, which is more commonly known as Por Ror Bor.
Compulsory Third-Party Car Insurance (CTPL)
Also known as Por Ror Bor, CTPL is a type of insurance mandated by law for all vehicles in Thailand. It only provides basic coverage on injury and death caused by accident. You also need to renew it annually through the Department of Land Transportation, car insurance companies, or a third-party agent. It is normally bought in conjunction with the payment of an annual car tax.
Private Car Insurance
Private car insurance is much more flexible than CTPL, and it provides more coverage. Even the most basic policy includes coverage for third-party property. There are five types of private car insurance in Thailand, categorized using the numbers 1, 2+, 2, 3+, and 3. Accidents, theft, and third-party property damage are all covered by Type 1 insurance, which is the most expensive. In contrast, type 3 insurance is the most affordable option, but it provides the least coverage.
What it covers?
What is different to many other countries is that car and motorbike insurance cover the vehicle and not the driver. But be aware that the insurance will be void if the driver does not have a license.
Please read the articles below for further information:
Overview for Purchasing Car Insurance in Thailand
Motorcycle Insurance in Thailand
Below are some Car Insurance providers in Thailand (There are many more)
Viriyah Insurance one of the most reputable car insurance companies in Thailand.
Bangkok Insurance one of the most reputable car insurance companies in Thailand.
Muang Thai one of the most reputable car insurance companies in Thailand.
A life insurance policy will enable you to stipulate what you want to be paid to your loved ones when you die, allowing you to account for things like the mortgage, money for your child’s university fees, and money for your partner to support the family. To decide whether or not you need life insurance, ask yourself this simple question:
Are there people in my life I care about that will need financial support when I’m gone?
Please read the articles below for further information:
10 Things to Consider when Purchasing Life Insurance in Thailand
Insurance Products for Expats in Thailand
Below are some Life Insurance providers in Thailand (There are many more)
Many Thai banks have life insurance policies that you can take out. See banks page below for more details.
Property insurance offers protection for a property and its contents against natural or human-made calamities. Property insurance can protect any property, such as a house, a condo, or even commercial property. Sometimes referred to as fire/house insurance, property insurance will provide you with financial compensation to an owner or renter. Whether your personal belonging gets destroyed or stolen from the property or an if you had an accident within the property. Property insurance will also ease your worry about any repair costs or any other renovation of your property.
Please read the articles below for further information:
Secure your home with Property Insurance Thailand
Insurance in Thailand (A Guide to What you Need)
Below are some Property Insurance providers in Thailand (There are many more)
AIG Insurance one of the most reputable property insurance companies in Thailand.
Many Thai banks have property insurance policies that you can take out. See banks page below for more details.