Selecting the right health insurance plan can be a complex process. The ideal choice depends entirely on your unique circumstances, such as your age, family structure, overall health, and budget. At W Insurance Brokers, we are dedicated to helping you navigate the multitude of health insurance options, explaining their benefits, advantages, and potential drawbacks. Our goal is to ensure that you and your family have peace of mind, knowing you’ve chosen the best plan for your needs.

"Inpatient care" refers to situations where you are hospitalized, meaning you are admitted to a hospital for a specific duration. "Outpatient care," on the other hand, refers to treatment received when visiting a hospital or clinic for a consultation, receiving prescribed medication, and then returning home the same day. It is important to note that the definition of inpatient care can vary between insurance providers. For instance, it does not always require an overnight stay; being assigned a hospital bed for a few hours during the day may also be considered inpatient care under certain policies.

In Thailand, two main types of insurance plans are available:

1. Comprehensive Insurance Policies
   These plans provide extensive coverage, often covering nearly all expenses at 100%.
2. Limited Insurance Policies
   These are generally more affordable but come with specific limits on coverage. For instance, room and board might have a maximum allowance of 4,000 Thai Baht per day.

While limited plans are cost-effective, they carry the risk of out-of-pocket expenses, meaning you may need to pay a significant portion of your hospital bill if costs exceed the plan's limits.

A waiting period is a specific timeframe outlined in the insurance policy during which coverage for certain medical conditions or ailments is not provided. Once this waiting period has elapsed, the insurance company can no longer reject a claim on the grounds of the waiting period, and the specified conditions will then be covered under your health insurance policy.

This is the amount you will need to pay by yourself before the insurance kicks in. For example: you have a USD 20,000 deductible and your hospital bill is USD 100,000. You will have to pay the first USD 20,000 and your insurer will cover the remaining USD 80,000. If it is an annual Deductible, you will only have to pay the Deductible amount 1 time per Policy Year. Another possibility is a deductible per illness/accident. If you have a Policy like this, it is possible you need to pay a deductible multiple times a year. Although this system looks less attractive, it can also be positive if treatment continues when you go into a new policy year. In that case you will not have to pay it again whereas with an annual deductible you will need to pay it again.

Yes, when your policy renews each year, you have the option to change your deductible level. Insurance companies view increasing your deductible as a downgrade, but this does not require you to fill out a new medical questionnaire or undergo a medical examination.

On the other hand, if you choose to lower your deductible, it is considered an upgrade. When upgrading your plan, insurance companies typically ask you to complete a new medical questionnaire. If you develop a new medical condition before upgrading, there is a possibility that this condition will be excluded from coverage in the new upgraded plan.

When applying for a new plan with Full Medical Underwriting (FMU), you will be required to complete a detailed medical questionnaire that includes questions about your medical history and current health status. The questionnaire may ask for information spanning your entire lifetime or a specific number of years.

An FMU application provides the insurer with a comprehensive understanding of your medical condition, allowing them to determine the terms of coverage. Based on this, you may be accepted with or without medical exclusions, and your premium may be adjusted (loading). With FMU, you will know upfront exactly what is covered by your police.

Yes, health insurance premiums tend to rise as you age. This increase occurs because the insurer’s risk grows with age. Depending on the plan, premiums may rise by a small percentage each year or experience larger jumps every five-year age bracket.

Another factor contributing to rising premiums is the increasing cost of medical care. As hospital charges increase year by year, insurers must adjust premiums to account for these rising costs. A well-managed insurer will implement cost containment strategies to minimize premium increases while ensuring that the coverage remains sustainable.

The coverage for overseas treatment depends on the health insurance plan you choose. Some plans offer full coverage abroad, while others may only provide limited coverage, either in terms of time or financial limits, when you're outside of the country. It’s important to note that "low-cost" plans, which may offer adequate coverage within Thailand, do not always provide sufficient coverage for treatment abroad.

If you know you'll be traveling frequently outside of Thailand, please inform us in advance so we can help select the most suitable plan for your needs. We can also assist you with travel insurance options to ensure comprehensive protection during your travels.

No, if you applied for Full Medical Underwriting (FMU), which includes a medical questionnaire, the application form you completed at the beginning of the insurance process serves as the starting point. Any medical conditions you develop after the policy begins will remain covered and will not result in new exclusions. This means that once you're accepted with FMU, the insurer cannot exclude conditions that arise after the policy starts, as long as they are not related to pre-existing conditions disclosed during the application.

Yes, there are Insurers offering monthly payment options. Some do this without any surcharge and with others you will have to pay a small fee for this. If monthly payments are a must, please inform us upfront.

This depends on the insurer. Thai insurers typically have agreements with specific hospitals, known as contract hospitals. If you go to one of these contract hospitals, the insurer will pay the hospital directly. Each Thai insurer maintains an extensive list of contract hospitals, so there will usually be one or more nearby.

On the other hand, international insurers typically do not have contract hospitals, giving you the flexibility to choose any hospital. However, you may need to pay upfront and submit a claim for reimbursement, depending on the terms of your policy.

Mostly of the insurers cover until 75 years old. Over 75, the choice are limited.

Mostly of the insurers cover until 75 years old. Over 75, the choice are limited.

The thai laws do not require to insure your condo, villa or house. But it's preferable to insure your home in case of water damage, fire or theft.  If you are foreigner, it can be difficult to understand if a damage arrive, your broker can support you and you can feel more safe if you get insurance.

In Thailand, there is only one mandatory insurance, also known as "Por Ror Bor," which is a compulsory insurance required by law for all vehicles in Thailand. It covers:

• Bodily injury or death caused to third parties in accidents involving your vehicle.
• This insurance does not cover material damage or damage to your own vehicle.

The cost remains very affordable, around 600 THB per year. We will keep our clients informed of its renewal date to ensure compliance with Thai law.

The thai laws do not require to insure your vehicle, car or motorbike. But it's preferable to insure in case of accident. The price depend of the coverage but it's better to insure the driver, vehicle and the most important the third person.

In case of accident the insurance will cover the hospital expense of the third person or vehicle.

Yes, in Thailand, some insurers offer policies that cover specific items, such as jewelry, artwork, musical instruments, or other valuable objects. These are often referred to as "valuable items insurance" or "special item insurance." They provide coverage for loss, theft, accidental damage, or destruction of these items.

However, it is important to check the specific terms of the policy, as some items may require a prior valuation, and certain exclusions may apply. Basic policies, such as home insurance, may not cover these items unless additional coverage is added.

If you have valuable items, it is recommended to consult an insurance broker to find the best coverage tailored to your needs.

Now lot of people buy jewels or watches as investment and the price can be over than an house's price .

We can insure Richard Mille, Rolex, Patek Philippe watches for exemple.

Yes, some insurance companies offer specific coverage for the transportation of valuable items, such as jewelry, artwork, antiques, or luxury goods. These insurance policies are often referred to as transport insurance or cargo insurance, and they cover the items while they are in transit, whether by air, sea, rail, or truck.

This coverage can be included in a broader insurance policy or purchased specifically for the transport of valuable items. It protects against risks such as theft, damage, loss, or destruction during transport.

If you need to transport valuable items, it is recommended to check the available insurance options with your insurer to ensure that the items are properly covered during transit. 

Due to our experience and network, we are able to offer specific services for each product, with terms and coverage carefully tailored in collaboration with insurers to provide the most accurate pricing and the best guarantees. This is why we offer competitive rates for supercars such as Ferrari, Lamborghini, McLaren, Bentley, Porsche, Rolls-Royce, Aston Martin, and also for musical instruments like violins, pianos, and more.