Mandatory Travel Insurance likely to be in place for Thailand visitors by the end of this year

The Thai Office of the Insurance Commission says they expect to introduce compulsory travel insurance for visitors to Thailand by the end of 2019.

 

The basic compulsory travel insurance will offer up to 1 million baht of coverage in cases of death, with a maximum duration of 30 days, the cost is reported to be as low as 20 baht. Tourists will be expected to pay it as they arrive in Thailand without proof of adequate current travel insurance arrangements.

The Bangkok Post reports that the premium would be directed to Thailand’s Tourism Promotion Fund for coverage of payments in the event of claims.

The new insurance scheme will need to be considered by the Ministry of Sports and Tourism before being considered by the new cabinet.

The Tourism and Sports Ministry, despite admitting that the April and May tourism numbers have dropped year-on-year, especially the Chinese, still predict the number of foreign visitors will reach 40 million this year.