In the past year, the Covid-19 outbreak has forced many companies to make uncomfortable cut-backs and difficult decisions. Due to the pandemic, everyone is looking for ways to save money in their companies. But how about insurance?
Every company in Thailand buys insurance for its employees once a year, but in these uncertain times, insurance premiums may be relatively low on your list of concerns, especially if your company is tight on money.
Corporate insurance, whether it is health insurance for employees or insurance for your property, are annual costs that cannot be avoided. However, they can be reduced, and we can help you with it. Working together with our partners, we offer you special rates of corporate insurance, so you can save your money. We can match your company’s current insurance coverage, often for up to 20% less money than you pay today.
Wondering how to get the special rates for corporate insurance? Here’s how it works.
We provide a free corporate insurance quotation to companies with 50 or more employees.
If your staff suffer work-related injuries or illnesses, business insurance can provide benefits, such as medical care, missed wages, and funeral benefits.
Running the quotation takes time and money, so we limit the free corporate insurance quotation to only this month. We try and get as many companies to respond in one month as possible.
We will respond to your free quotation request and contact you through a phone/video call or in-person meeting to see if you might fit with the program.
Enjoy the special rates and save your money, while still giving your company the best protection it needs!
I Applied 3 four 4 ago and got a callback today, great customer service, 5 stars.
Very good information, business insurance is a must in Thailand as it rains very often and very hot.
The Thaiger followed up on my claim very fast. They contacted me on a regular basis throughout the claim process giving me updates as well as suggestions. Very Happy!
Will definitely need business insurance! We just opened a family restaurant in Phuket and been looking for building protection, however, I just saw this website and inquired instantly.
Some times it can be a very difficult and long process when talking to an agent, I have made my enquiry to the thaiger very simple process, waiting on a call back about this product.
The staff, from start to finish, were polite, professional, & efficient.
There are various types of corporate insurance out there that business owners can get. Each type protects your company from different risks. Below are the types of corporate insurance we offer, with special rates for our customers.
Read all the details to make sure you choose the right insurance to protect your business. You may also combine business insurance policies to give your company the best protection against unexpected situations.
You can provide life insurance as part of a complete benefits package for your employees. Having life insurance as an employee benefit can attract top talent and build employee loyalty by helping them protect their loved ones. You can also use life insurance to protect your company, partners, family, and key employees from an unexpected death.
Corporate life insurance can also be used to pay off corporate debt, buy out shareholders’ estates, and shore up operating capital, if you, as the owner, pass away.
Having effective health insurance for your company helps build a solid foundation for prioritising care and balancing costs for your employees. Your employees are your biggest asset, which is why you should protect their health and well-being with Corporate Health Insurance. It can support your employees in times of sudden medical emergencies and cover their healthcare expenses.
Providing health insurance for your employees can even result in greater job satisfaction, as it helps them feel valued and content within the company.
As much as we try to avoid them, accidents can happen anywhere and at anytime. Workplace accidents can disrupt your business, leading to costly compensation payments. In addition, if an employee is injured in an accident at work, your business could be held liable, affecting its growth.
That’s why you need personal accident insurance to protect both you and your employees against accidental injury or death. As a bonus, you can attract high-calibre employees and maintain employee morale by providing corporate personal accident insurance.
Besides protecting your employees, protecting your company’s physical location and equipment is important as well. If any of your equipment is stolen, destroyed, or damaged, corporate property insurance can help cover the costs to repair or replace it.
Our employee benefit insurance was up for renewal in June 2021. The renewal premium was 9.1 million THB. We used this service, and our new prices are 7.7 million. It freed up 1.4 million THB for us in a challenging time to use in other parts of the business.
Top tip: Make sure to choose the type of insurance plan based on your company’s need and budget.
EVP of Human Resources, an energy company with 900 employees
The premiums you will pay will depend on several factors. These include:
Companies with higher risks, such as businesses that deal with heavy machinery or interact with the public, may need to pay for higher premiums.
The Size of Your Business
The bigger the business, the more likely you will be faced with legal expenses and potential damage to your equipment. This can affect your premium greatly.
Your Policy and Level of Cover
Having more coverage for your policy will protect you from more risks, but you will need to pay more for extra protection.
The Location of Your Company
Conducting a business in a risky location, such as areas with high crime rates, may cause your premiums to be higher.
Below are some products to support the growth of your business in Thailand.
Does your company conduct business in another city or country a lot? Are you planning to send your employees on a business trip? Make sure you are protected in case something doesn’t go according to plan. With business travel insurance, everything from trip cancellation to emergency medical expenses can be covered.
Specifically designed to suit the needs of small to medium-sized enterprises (SMEs), Business SME Insurance can cover a broad spectrum of business, from office-based companies and retailers to manufacturing and warehousing.
A Thai Business Visa is essential for any foreigners who want to do business or invest in Thailand. Those who want to apply for a work permit also need to obtain this visa first. We understand how time-consuming and stressful dealing with complex bureaucracy is. Therefore, let us help you apply for your business visa fast and hassle-free.
To get the most out of your corporate insurance and save your money, you need to understand what each policy does to protect or improve your company operations. Here are things you need to do before purchasing corporate insurance.
Whether you are a small business with 50 employees or a big company with clients from various parts of the globe, there will always be a certain degree of risk you may face. You must know and understand the risks that are relevant to your business, since there are situations you want to be covered from.
Once you identify the risks, choose the type of insurance that fits your situation. You must select the right policy to lower the financial burden of unexpected events, such as accident, illnesses, or business downtime.
You need to consider the cost of the insurance, and make sure that it fits your budget.
Business travel insurance protects you and your employees while conducting business in another city or country. Whether your employee travel abroad to attend conferences or you need to visit suppliers in another city, you don’t want any mishap to interfere. If your trip gets cancelled, your baggage is lost, or if you become ill business travel insurance can help you. With business travel insurance, your trip can be less stressful. You can conduct your business in peace, knowing that you have the protection you need.
All you have to do is request a quotation, and we’ll get in touch with you. Remember that it is limited to only this month.
TAny company with 50 or more employees are welcome to request a free corporate insurance quotation.
One of the best ways to save money on corporate insurance is to compare and explore different providers.
Since corporate insurance is considered as one of the costs of doing business, you can deduct insurance premiums that serve as a business purpose, such as your premium for professional liability insurance or general liability insurance.
The amount of corporate insurance you need depends on several factors, such as your business’s size, the industry you’re in, how many employees you have, where your business is located, and your estimated revenue for the year.
There are plenty of reasons why you should get corporate insurance. It can save you time, money, and stress, as well as providing benefits to your employees and protecting your business from damages.
Here are several reasons why you need corporate insurance:
– Protect your employees from any work-related injuries or illnesses.
– Protect your customers.
– Build credibility, as it shows your customers, partners, and clients that you take managing risk seriously.
– Some contracts may require corporate insurance.
– Help recruit and retain your employees.
– Protect your company’s management.
If you purchase property insurance, your company may be covered for fraud and embezzlement.