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Should I continue health insurance or gamble?

humdrumdays
in Insurance in Thailand

Featured Replies

On 7/17/2019 at 5:53 PM, marcusarelus said:

Certain expat websites in conjunction with the insurance industry is trying to convince the Thai government to make insurance mandatory.  Perhaps they will be successful.  One would think this means you should keep your policy but in truth you will be forced to buy a placebo policy from one of six companies that the government/insurance agents will approve that has to low a cover to be of any use.  

 

Which expat  websites are trying to convince the government to  make the insurance mandatory?

 

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  • Sheryl
    Sheryl

    You'd be out of your mind to drop insurance.   That you did not need to use it in the past has nothing whatsoever to do with the risk of needing to use it in the future, which rises as you a

  • pookondee
    pookondee

    Keeping the insurance is still a gamble in itself.. the gamble whether they will actually pay up if you make a claim and not pull some BS clause in the fine print to get out of it.   Also ju

  • HampiK
    HampiK

    In my opinion I would pay as long it is possible. Even 1 million baht is not a very high cover. But you would safe 40K a year, but when you have something in 3 years which will costs 200K then yo

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