With a PE (Privilege Entry – Elite Visa), each entry into Thailand automatically extends the authorization of stay for one-year.
If the holder leaves and returns every three months, the extension is renewed each time for one year. It means, In this example, for three more months each time – and so on in the future until the visa is exchanged (5, 10 or 20 years - automatically renewable every 5 years for the 10 and 20 years PE).
If the insurance has to cover the « duration of the extension of stay », it would mean that a PE holder has to buy a new one-year insurance policy each time he returns – in my example, that would pile up at four one-year policies in one year ! It would be burlesque and impracticable!
The PE seems to be quite close to the PR (Permanent Residency), except that the holders goy it for life instead of 5, 10 or 20 years ?
As far as I know, PR holders currently only have to buy a 30-day insurance policy to enter Thailand. What about Elite Visa holders ?