DeeMoney Representative

On 5/31/2019 at 8:20 AM, skatewash said:

I tried about 3 days ago, haven't been contacted yet.  A strange sign-up process:  Don't call us, we'll call you.  I went through sign-up again today just in case there was a problem.  I'm hoping it can be taken care of via email instead of a phone call.  I much prefer email.  Setting up a TransferWise account was a piece of cake in comparison to this.

Due to Bank of Thailand regulations, we are not able to provide customers the option to set up their account totally online without having to visit one of our branches. 

The gist of the insurance is that you receive the insurance money if you're injured during your coverage.

Any injuries are covered while injuries from a motorcycle accident would reduce the sum by half.

Although, please keep in mind it is only for serious injuries such as broken bones, loss of limbs, permanent disabilities, etc. 

As others have stated, yes this insurance isn't targeted at expats from the US, UK, EU, Aus, etc. but more towards workers from Myanmar and Cambodia. According to our numbers many of them do indeed transfer over 25,000 Baht on a monthly basis.

To clarify further, there is no additional cost involved to get covered by AXA in this insurance program. All a customer has to do is transfer with DeeMoney with the advertised amount (25,000 Baht and 50,000 Baht) and then the coverage will start on the 1st of the month after the transfer has been made. E.g, I transfer 25,000 Baht on 25th of July, my coverage will start on 1st of August.

- Matteo