CHUBB Accident Insurance Thailand

Benefits of Personal Accident Insurance

Personal Accident insurance is different from Health Insurance. Health Insurance will cover you for any illness or accident while Personal Accident 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 Personal Accident Insurance policies also have cover for Medical expenses should an accident occur.

Personal Accident 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 Personal Accident 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 benefit 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 between available plans and options and also take a look at the terms and conditions from both of the insurance companies and the OIC thoroughly.

The Ultimate Guide to Accident Insurance in Thailand

Looking for comprehensive accident insurance in Thailand? You've come to the right place! At CheckDi, we offer affordable accident insurance in Thailand starting from just 499 baht per year. This guide will walk you through everything you need to know about Thai accident insurance, from coverage details to application processes and money-saving tips.

What is Accident Insurance in Thailand?

Accident insurance in Thailand, also known as Personal Accident (PA) insurance, provides financial protection in case you're injured or killed in an accident. It's designed to help you and your family cope with unexpected costs arising from accidents, offering peace of mind and financial security in the bustling streets of Bangkok or the serene beaches of Phuket.

Why Do You Need Accident Insurance in Thailand?

Thailand's vibrant culture and diverse landscapes come with their own set of risks. Whether you're navigating busy city traffic, exploring remote islands, or simply going about your daily life, accident insurance in Thailand offers crucial protection. Here's why it's essential:

• High traffic accident rates in Thailand
• Coverage for adventure activities popular among tourists and expats
• Financial protection against unexpected medical costs
• Peace of mind for you and your loved ones

Types of Accident Insurance Policies in Thailand

Thai accident insurance comes in three main types, each offering different levels of coverage:

1. BOR 1 or AI (Accidental Indemnity)

The most comprehensive accident insurance in Thailand, covering:

• Life and loss of organs
• Surgery and hospitalization compensation
• Income compensation
• Disability benefits

2. BOR 2 or ADD (Accidental Death and Dismemberment)

Provides benefits for:

• Accidental death
• Loss of organs or dismemberment

3. BOR 3 or ADB (Accidental Death Benefit)

Covers only accidental death

What Does Accident Insurance in Thailand Cover?

Standard Coverage in Thai Accident Insurance

• Death and Dismemberment Benefit
• Murder and Assault Benefit
• Medical Expenses Benefit (typically 10% of the insured amount)
• Room & Board Compensation

Special Considerations for Thailand

• Motorcycle Coverage: Given the popularity of motorcycles in Thailand, many policies offer specific coverage for motorcycle accidents. However, this may be limited or excluded in some cases.
• Adventure Sports: Some policies may offer coverage for popular activities in Thailand like scuba diving or rock climbing, often as an add-on.

What's Usually Not Covered by Accident Insurance in Thailand

• Illnesses or diseases
• Self-inflicted injuries
• Injuries from illegal activities
• Injuries while under the influence of alcohol or drugs
• Injuries from war or terrorism (unless specifically covered)
• Injuries from professional or extreme sports (unless specifically covered)

How Much Does Accident Insurance Cost in Thailand?

Accident Insurance in Thailand is surprisingly affordable, with premiums starting from just 499 baht per year. The cost varies based on several factors:

• Coverage amount (typically ranging from 100,000 to 3,000,000 baht)
• Age and occupation of the insured
• Type of policy (BOR 1, BOR 2, or BOR 3)
• Additional coverages selected

For high-net-worth individuals or those seeking maximum protection, we offer premium coverage options up to 30,000,000 baht.

How to Choose the Best Accident Insurance in Thailand

1. Assess your needs: Consider your lifestyle, activities, and potential risks in Thailand
2. Compare policies: Look at coverage limits, exclusions, and premiums from different providers
3. Check the insurer's reputation: Research customer reviews and claim settlement ratios
4. Understand the claim process: Ensure you're comfortable with how to make a claim if needed
5. Consider add-ons: Look for policies that offer relevant additional coverage, such as for adventure sports or extended motorcycle use

How to Apply for Accident Insurance in Thailand

1. Choose a plan: Select the accident insurance policy that best fits your needs
2. Apply online: Use our website or contact our Customer Service Representative for assistance
3. Submit documents: Provide a copy of your Passport with a Verified Signature
4. Pay the premium: Complete the payment to activate your coverage
5. Receive your policy: Your insurance card and policy documents will be delivered within 7-10 business days

Frequently Asked Questions About Accident Insurance in Thailand

How do I make a claim on my Thai accident insurance policy?

Submit the required evidence to your insurance company within the specified timeframe (usually 30-180 days, depending on the type of claim). Contact your insurer immediately after the accident for guidance on the specific process.

Can foreigners buy accident insurance in Thailand?

Yes, many insurance providers in Thailand offer accident insurance policies to foreigners, including tourists, expats, and long-term residents. Some policies may have specific terms for non-Thai residents, so always check the details.

Does accident insurance in Thailand cover motorcycle accidents?

Given the prevalence of motorcycle use in Thailand, many accident insurance policies do include coverage for motorcycle accidents. However, the extent of coverage can vary, and some policies might offer it as an add-on. Always check the specific terms of your policy.

Are dental injuries from accidents covered by Thai accident insurance?

Many accident insurance policies in Thailand do cover dental injuries resulting from accidents. However, the extent of coverage can vary, so it's important to check your specific policy details.

Can I get accident insurance in Thailand if I have a pre-existing condition?

Yes, you can usually get accident insurance even if you have a pre-existing condition. However, any accidents or injuries related to that condition may not be covered.

Does Thai accident insurance cover me when I'm traveling outside of Thailand?

Many accident insurance policies in Thailand provide 24/7 coverage, including when you're traveling abroad. However, the extent of international coverage can vary, so check your policy details or consult with your insurance provider.

How does accident insurance work with other types of insurance in Thailand, like health insurance?

Accident insurance can complement your health insurance. While health insurance covers your medical expenses, accident insurance can provide additional benefits like lump-sum payouts for specific injuries or death, which can help cover other expenses or income loss.

Remember, at CheckDi, we're here to help you understand your policy and find the best accident insurance in Thailand that fits your needs. Don't hesitate to reach out if you have any more questions about protecting yourself in the Land of Smiles!

Who Should Consider Accident Insurance in Thailand?

Accident insurance in Thailand is ideal for anyone living in or frequently visiting the country. This includes expatriates working in Thailand, digital nomads, retirees, students, and tourists planning extended stays. Given Thailand's high motorcycle usage and adventure tourism activities, this coverage is particularly valuable for those who ride motorcycles daily, engage in water sports, or explore Thailand's diverse landscapes regularly.

Documents Needed for Your Application

• Valid passport with clear photo page
• Verified signature (can be done at your embassy or by authorized personnel)
• Work permit (required by some insurers)
• Current visa stamp or extension documentation
• Completed application form with accurate personal details
• Beneficiary information for death benefits

How to File a Claim Successfully

• Notify your insurance company immediately after the accident (within 30 days for most claims)
• Gather all medical reports, police reports (if applicable), and receipts
• Complete the claim form accurately with all required details
• Submit photos of injuries or accident scene if available
• Provide witness statements when possible
• Keep copies of all submitted documents for your records
• Follow up with your insurer on claim processing status

Steps in Applying for Personal Accident Insurance

Buying personal accident insurance in Thailand is simple & easy

To apply for accident insurance, we will need the documents from you as below (This applies to every insurance companies) :

1. Apply via our website or contact our Customer Service Representative for Application form.
2. Submit Copy of Passport with Verified Signature.
3. Pay the Invoice Premium
4. You’re Covered.
5. Original Policy and Card will be delivered to your specified address in 7-10 business days by Registered EMS.

*Some insurance companies require Work Permit and Visa Stamp. Others only require Application form and Passport Copy with Verified Signature.

You can send addtional documents to us by LINE Chat with us or by Email [email protected]

FAQs

What is covered with my Personal Accident Insurance?

Coverage for accidents, death and dismemberment benefit, murder or assault benefit and riding at the back of a motorcycle as a passenger benefit. There is also medical expenses cover depending on the personal accident coverage you choose?

Is there a medical expenses benefit?

This depends on what Personal Accident insurance you choose to purchase, but most of our personal accident insurance plans have cover for medical expenses as this is one of the main covers for this type of insurance.

If I get murdered or Assaulted, would I get the full amount specified in the Death and dismemberment benefits ?

There is a specified amount for Murder and Assault on your policy. The insurance company will pay this amount to your beneficiary stated on the policy therefore the stated beneficiary should be your family member and shouldn't be anyone else.

If I’m a passenger in a motorcycle accident, will I be covered?

Yes, most plans have cover for this, however some insurance companies will not have a cover for any passangers riding on the motorbike. Please check and study each plan carefully

Until what age can I renew my Personal Accident Insurance?

Most insurance companies have an age cap when it comes to personal accident insurance, so be sure to ask your agent until when you can renew. This solely depends on what insurance company you choose.

If I die who will get the money?

Your beneficiary will be the one to claim for the money. She/he will have to claim the amount to the insurance company and she/he will be given the amount specified in your policy.

If I’m drunk or under the influence, will I still be covered??

Any accidents that are a result of the insured being negligent (Like Driving under the influence, or doing sports under the influence) will not be covered.

Is there a waiting period?

TNo, unlike Health insurance, there is no waiting period in Personal Accident Insurance.

What is the condition of residence?

Clients applying for personal accident insurance must be residents of Thailand.

Can I visit a hospital of my choosing?

Yes, you are free to choose any medical provider you are comfortable with. However, each insurance company has a network list, if you go to a hospital or clinic that is not on their list you would have to pay first and get reimbursed.

If I apply now, when will I get my documents?

Application process is different for everyone, the process can take longer if you have pre-existing conditions. Application process is 3-4 days and once you sign the offer letter the Card and Policy will be sent to your specified address within 7-10 business days.

How to contact you ?

You can always call us at our Hotline : 02-985-9000 or Chat with us LINE@ @checkdi or Email us : [email protected]

Office hours Mon-Fri : 08:00 - 17:30