Thai immigration officers are well known for being meticulous with documentation and only accepting policies from specific providers. Fortunately, a group of Thai insurance companies offers COVID-19 insurance for visitors from outside Thailand that will be recognized by immigration. These policies are simple to obtain online. The plans are pretty affordable, depending on a few things; let's take a closer look. Despite the fact that this may be viewed as another chance for the insurers to make some simple profits, let's have a closer look at the policies.
Exactly why is COVID-19 insurance necessary?
Although it could appear to be merely another inconvenience for already-burdened foreigners trying to enter the nation, there is a valid justification for the government to impose this restriction. One of the primary causes is that practically all common health and travel insurance policies do not protect the insured against pandemics, and as a result, do not cover you for anything related to COVID-19. The Thai government is worried about being saddled with a sizable amount of unpaid healthcare bills from foreigners who contract COVID-19 due to the costs of hospital care and potential repatriation, especially in light of the additional quarantine measures related to COVID-19.
According to the Thai public health ministry, outstanding hospital bills were 348 million Baht ($13.9M) for the year ending in September 2020. They are worried about this because of the coronavirus threat and don't want to be saddled with yet another hefty expense at a time when the economy is already having trouble due to the virus's negative effects on exports and tourism. The Thai government is already dealing with a battered economy as a result of the outbreak and subsequent decimation of the tourism industry, which contributed roughly a fifth of the nation's GDP. In essence, the requirement to hold one of these policies is an additional layer of security for the Thai government.
What coverage does COVID-19 provide?
In the unfortunate event that you contract the virus while traveling in Thailand, the COVID-19 insurance coverage will cover the costs of isolation, quarantine, testing, and treatment as well as the potential costs of repatriating your body. Additionally, it will pay for any prescription drugs that you need as a result of your viral infection. Be sure to read the fine print of any policy before purchasing, and as is always the case with insurance, don't just choose the cheapest policy. The more comprehensive policies will also cover you for any losses incurred as a result of you contracting COVID-19, such as lost travel bookings and trip cancellation or curtailment.
In the end, the majority of these specialist insurance policies will include these essential elements:
- Health insurance. As previously noted, this is a complete plan with a minimum ceiling of $10,000 that covers all medical expenses related to having the COVID-19 infection.
- Coverage for life insurance. This covers them for a total of $10,000, which will be paid to the beneficiary listed in the policy should the insured pass away due to their confirmed COVID-19 infection.
- Any additional, unanticipated out-of-pocket costs that come from you contracting the virus. This could involve lost trip reservations, missed flights, or any other costs associated with travel disruption or cancellation brought on by your contracting the virus.
You must save the certificate of insurance since you will need to produce it to establish that you have the coverage; if you lose it, you won't be allowed access. Also to be highlighted is the fact that this policy will be in addition to any general health insurance coverage you might be required to have in order to qualify for visa or retirement extension benefits.
Thailand COVID-19 Travel Insurance
The COVID-19 insurance can be given by an international insurance carrier or by insurance providers domiciled in Thailand, unlike the mandated health insurance for retirees. AXA Thailand is one of the COVID-19 insurance companies. For individuals who want to get travel insurance that includes COVID-19, which is necessary for inbound tourists, they offer inbound travel insurance.
How Can I Get COVID-19 Travel Insurance?
You must purchase this insurance before leaving for your trip because it is necessary to enter the nation. Online from one of the aforementioned companies, where you will receive the crucial certificate of coverage to provide to the authorities when you arrive, is the simplest way to purchase your policy (and you will also need to present it to the airline before they will allow you onboard). You can choose a policy period of 30 days to one year, and it's quick and simple to do online. Make sure the coverage covers the entire time you intend to spend in Thailand, otherwise you risk having your entrance request denied.
How Much Does COVID Insurance in Thailand Cost?
No, in a nutshell, but it depends on a few things. Even though it's yet more hassle and cost for visitors visiting Thailand, it's still fairly reasonable. For an insurance, you can anticipate that premiums will start as low as 999 Thai baht. The cost of the 90-day insurance coverage for a tourist visa or non-immigrant visa application ranges from 2,500 to 14,000 baht. As with any insurance policies, the cost will depend on your specific situation; in this case, one of the most crucial considerations is whether the nation from where you are traveling is regarded as having a high or low risk of contracting the virus.
COVID Insurance Requirement in Thailand
Foreigners entering Thailand are required by the Thai government to carry insurance coverage in case they require medical attention while there. The insurance coverage starts working the moment you land in Thailand. Several foreign visitors who stayed at the ASQ Hotel in Thailand are said to have tested positive for COVID-19. Their medical expenses are fully covered by the COVID-19 Insurance Thailand for Foreigners up to 350 000 THB. Using the Buy Now feature below, you can acquire the insurance online in a matter of minutes. The policy will be emailed to you right away.
Summary
Depending on the facility, the cost of COVID 19 treatment in Thailand hospitals can range from 700 USD to 1,000 USD every day. The expense of remaining in the intensive care unit can also increase (ICU). The cost of treatment and associated medical costs for foreign nationals who test positive for COVID-19 will be covered by the travel health insurance package. It's crucial to confirm that your travel insurance for Thailand covers the entirety of your trip. For this reason, tourists entering Thailand must get the best and most dependable COVID 19 travel insurance.
I was looking for this, thanx, as I am planning to visit Thailand
ReplyDelete