Types of Thai Insurance
Last updated on September 10th, 2025 at 11:13 am
There are many type of insurance available in Thailand. Many are similar to western style insurance, with some important differences.
Here are the main type of Thai Insurance and an overview of each below.
- Travel / tourist Insurance
- “O-X” Retirement visa required healthcare Insurance
- Public Healthcare
- Private Healthcare
- Accident Insurance
- Motorbike
- Auto Insurance
- Property Insurance
- Life Insurance
- Personal Accident Insurance
- Liability Insurance
- Thai Social Security – retirement benefits
Life Insurance
Coming soon
HeathCare Insurance
Healthcare Insurance is covered on the webpage link below
Details on this Topics are coming soon….
Personal Accident Insurance
Personal Accident insurance protects you in the event of an accident that results in bodily injury. It covers most all accidents, from falling off a motorbike to falling on the sidewalk and bruising yourself. The Coverage is at public and private hospitals with no deductible or copay. K-bank and Bangkok Bank offer Accident Insurance policies to customers for reasonable pricing,
NOTE: This type of insurance can be used in addition to private hospital insurance for minor out patience services, using this insurance will keep your major medical healthcare insurance premiums from increasing when minor care it is used.
It is also a good idea to have this type of insurance if you drive a motorbike.
Vehicle Insurance
Vehicle insurance in Thailand is different from that in western countries is several ways. So please read this careful to understand it if you plan to own a vehicle and drive.
All vehicles are required to be insured with the required “government insurance policy” This is issued at the time of purchase and also includes property tax and license plate / registration fees. This provides a very minimal coverage, it is recommended that you get additional insurance through a private insurance company.
Note: If you buy a new car or truck under a loan. It is required that you have top level Private auto insurance (typically costing 15-to-30,000 a year) for the first few years of a new vehicle. After this time frame, the amount of coverage can be reduced, typically lowering the costs to 7 to 10,000 Baht.
There are different liability while in driving in Thailand compared to western countries, both civil and criminal. So again, read carefully that your risks and responsibilities are before driving.
What to do if you get in a vehicle accident… First, call your insurance company, the number is on the Window sticker if you have a car or truck. Then let them talk to those are the seem and the police if needed.
Life Insurance
Thailand does have many forms of Life insurance available in many places, from your Thai banks, private companies and under policies maybe offered under many types of contracts.
Many long term policies earn you high interest rates on the investment policies and can cost nothing over the lifetime of the policy.
Thai Social Security
You might be surprised to learn that Expats working in Thailand grants you access to the social security system.
Once you have your work permit and start working, your employer will register you for medical and employment benefits in return.
While the benefits are modest, the contributions you need to make are very small, in order to qualify.
"O-A","O-X" Healthcare Insurance Requirements
If you are in Thailand under the “O-A”, “O-X” Retirement visa, you are required to keep a high level of healthcare coverage for the duration of the visa.
Retirees are required to have health insurance covering medical expenses in Thailand. Insurance must meet minimum coverage standards as specified by Thai immigration authorities.
For the Thai O-A visa, applicants aged 50 and over must have health insurance that covers medical expenses for the entire duration of their stay, with a minimum coverage of 3,000,000 THB (approximately $100,000) including COVID-19. This insurance can be obtained from either a local Thai or a foreign insurance company, and proof of coverage must be submitted with the visa application.
The Thai O-X visa requires applicants to have health insurance issued by a Thai insurance company, covering outpatient benefits of at least 40,000 THB and inpatient benefits of at least 400,000 THB for the entire duration of their stay. Additionally, a medical certificate showing no prohibitive diseases is also required.
NOTE: If you are on an “O” retirement Visa, the healthcare requirement does not apply. There are many quality healthcare insurance policies which cost far less than the “VIP” standard that are required under the O-A, “O-X” Visas. This is why many Expats prefer the “O” retirement visa.
Reference the internal link for more information regarding retirement visa requirements – click here
Private and Public healthcare in Thailand
Did you know Expats should have a Thai Will?
Thailand does not recognize western country Wills. If you have significant assets in Thailand. It is wise to create a Will here with a Thai lawyer, since all Wills must be written in Thai to be legal.
A basic Will may cost you in the area of 4,000 baht while a complex Will, can would be more costly. If an expat died in Thailand that has no will, their assets maybe lost, or it can take months or years to transfer to the appropriate recipient, this would also be very costly to do.