Benefits of Caddie Insurance Thailand
Caddie Insurance is different from Health Insurance. Health Insurance will cover you for any illness or accident while Caddie Insurance will only cover you for accidents. In the event that the insured will suffer an accident or disability. The insurance company will give a cash benefit to the insured or to the beneficiary. Some Caddie Insurance policies also have cover for Medical expenses should an accident occur.
Caddie Insurance in Thailand is quite simple, the types are dependent on age or occupation. Should your occupation be more dangerous than normal, then your premium will also increase. For clients over the age of 60, some options are also available to you. Unlike Health Insurance, you cannot remove or add benefits, whatever is included in the coverage is fixed and final.
Main Benefits of Caddie Insurance :
Death and Dismemberment Benefit
An accidental death and dismemberment coverage will pay benefits to the beneficiary if the cause of death or dismemberment is an accident. This is somehow a limited form of life insurance covering only accidents. surance which is generally less expensive
Murder and Assault Benefit
Murder and Assault benefits will benefit the beneficiary if the insured is murdered or assaulted. The amount specified for this benefit is different from the death and dismemberment. The benefit for this is usually lower than the insured amount.
Riding at the back as a passenger in a motorcycle Benefit
The coverage for riding at the back as a passenger in a motorcycle is usually specified in a different section. This amount is usually lower than the insured amount. This will give benefit to the beneficiary if the insured dies as a passenger in a motorcycle accident.
Medical Expenses Benefit
Medical expenses benefit is usually 10% of the insured amount, although some insurance companies have made their own policies that cover more for medical expenses. This coverage will benefit the insured person should an accident result to an injury that requires hospitalization.
To find the best plans for yourself, you must always compare available plans and options and also take a look at the terms and conditions from both of the insurance companies and the OIC thoroughly.