Brits heading on Thailand holidays could soon be obliged to buy compulsory travel insurance when they arrive at the airport.
That’s because the Thai Office of Insurance Commission is currently considering new measures which would include an obligatory policy for foreign visitors.
The money is then expected to be poured back into the country’s tourism industry.
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Secretary-general Suthiphon Thaveechaiyagarn told the Bangkok Post : “Foreign travellers will be required to pay for the compulsory insurance at immigration offices in airports, while the premium will be directed to Thailand’s Tourism Promotion Fund for coverage of payments in the event of claims.”
It’s believed that if introduced, the policy could cost approximately 20 baht (52p) for 30 days of cover.
Currently the policy is under consideration and it still needs to be approved by the Tourism and Sports Ministry before it goes through to the cabinet.
However if it is approved, it could be introduced later this year.
So what does it mean for Brits who have a holiday planned?
In terms of travel insurance, not much has changed – you should still buy your own travel insurance policy and make sure you check the wording to ensure you’re covered for things like accidents, companies going bust and even the need to get home.
Even if Thailand does introduce its own policy you should still purchase your own before you travel to ensure you have the cover that you need for your trip.
Currently the new Thai travel insurance policy could cover you for injuries or death, but other factors may not be included.
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Under current rules, Thai tour operators and guides must provide insurance for foreign visitors of a minimum of one million baht per person (just under £26K) in the case of death, loss of organs or disability, and 500,000 baht (just under £13k) in the case of injury.
Tour operators face fines of 500,000 baht if they don’t comply.
According to the Thai Office of Insurance Commission, 41.1 million foreign tourists are expected to visit Thailand in 2019.