covid-19 insurance
- Thailand News
Insurance giant loses 40 billion baht Covid lawsuit
The Central Administrative Court dismissed a colossal 40 billion baht lawsuit against the Office of Insurance Commission, filed by Syn Mun Kong Insurance Public Company. This landmark case revolved around the commission’s prohibition on cancelling the company’s controversial Covid 2 in 1 (jer-jai-job) insurance policies, sold to approximately one million customers at the peak of the Covid-19 pandemic in 2021.…
- Travel
Do you still need Covid-19 travel insurance to enter Thailand? Here’s what you need to know
With its stunning white sandy beaches, majestic temples, and delectable cuisine, Thailand is a paradise waiting to be explored. And if you’ve been dreaming of visiting the Land of Smiles during the pandemic, it’s time to start dusting off those suitcases and planning that dream vacation! After months (years!) of stringent restrictions due to the Covid-19 pandemic, travellers looking to…
- Travel
Stress-free travel with AXA Travel Insurance
With travel finally picking up all over the globe, there has never been a better time to add travel insurance to your plans. Whether you’re spending money to make up for lost holidays after the pandemic or a spur-of-the-moment getaway, getting travel insurance is a wise way to protect your trip if the unexpected happens. Not only will travel insurance…
- Covid-19 News
Insurance companies in uproar over Covid scam by clients
In a bizarre twist of fate, insurance companies are crying wolf after being scammed out of 500 million baht from a Covid-19 insurance scheme. Evidence has emerged that thousands of people who bought the “Found, Paid, Done” Covid-19 insurance scheme submitted fake documents for compensation totalling an estimated 500 million baht. The president of the Thai General Insurance Association, Anon…
- Thailand News
More than 2,000 locals queue up to claim Covid-19 insurance after companies go broke
More than 2,000 Thais queued up at Suan Lum Night Bazaar Ratchdapisek in Bangkok to claim money from their Covid-19 insurance. Thais use the phrase “Found-Paid-Done” for the collection of insurance monies owed to them. The office of the Thai Insurance Commission is adjacent to the Suan Lum Night Bazaar. Some people had slept in front of the building for…
- Thailand Travel
Still unclear if visitors to Thailand will need health insurance after May 1
The future of Thailand’s requirement for foreign arrivals to have medical insurance is up in the air, along with other rumours of reduced impediments to international arrivals. Right now, all foreigners ,except those with work permits, are required to have US$20,000 anti-Covid cover, including hospitalisation. The price used to be US$50,000 until the CCSA lowered it in March. Now, although…
- Thailand News
Thailand’s finance ministry closes 2 insurance firms due to Covid-19 claims
After an overwhelming number of Covid-19 claims caused 2 of Thailand’s insurance providers to owe billions of baht in compensation, Thailand’s finance minister has revoked the providers’ business licenses. The decision was made effective yesterday. One provider, Southeast Insurance, owes 13 billion baht in compensation, while the other, Thai Insurance, owes 4.6 billion baht. The Secretary-General of the Office of…
- Business News
Employees laid off in insurance firm collapse demand overdue payments
Former employees from an insurance firm bankrupted by Covid-19 have rallied outside the Office of the Insurance Commission, demanding overdue salaries and severance monies be paid. Around 300 employees of The One Insurance were made redundant when the firm collapsed, but have yet to receive payments and other compensation owed to them. According to a Thai PBS World report, one…
- Thailand News
How To Meet the Newly Announced Health Insurance Requirements For O-A Visa
Health insurance is required for non-immigrant visa holders O-A and O-X who want to spend their retirement years in Thailand. It has recently be announced there will be change to the regulations for non-immigrant OA visas, visitors will now be required to have a minimum of 3 million baht in health insurance for in-patient care to be eligible for long-term…
- Tourism News
‘Entry Thailand’ website launched to facilitate process for international travellers
To facilitate the process for travellers entering Thailand, tourism officials have launched a website as a one-stop-shop to make arrangements to travel to Thailand including booking an alternative state quarantine hotel. As to who these travellers would be at this time, that hasn’t been made clear. The “Entry Thailand” website set up by the Tourism Authority of Thailand outlines 6…
- Thailand News
“Sawadee Thailand” travel insurance covers Covid-19 medical expenses
The following is a press release submitted by AXA Thailand on its “Sawasdee Thailand” travel insurance which covers the required Covid-19 medical insurance for those travelling to Thailand. AXA Thailand General Insurance is offering “Sawasdee Thailand”, a comprehensive travel insurance that includes health coverage for foreigners traveling to Thailand, offering up to 3.5-million-baht of medical expenses including COVID-19 which meets…
