Tourists planning a visit to Thailand can now avail of a special online insurance coverage scheme known as the “Thailand Travel Shield”, which will be set up by the Tourism Authority of Thailand (TAT) in cooperation with four reputed Thai insurance companies, Muang Thai Insurance, Chao Phaya Insurance, Siam City Insurance, and Krungthai Panich Insurance. All are reputable, publicly-listed companies.
Effective July 25, 2014, visitors will be able to buy the insurance coverage online for a broad range of unforeseen events ranging from accidents, trip cancellation, loss or damage of baggage / personal belongings, emergency hotel accommodation, etc.
These travel insurance policies provide instant coverage up to the value of 1,000,000 Baht for the packages starting at 650 Baht, and up to the value of 2,000,000 Baht for the packages starting at 1,100 Baht. The period of coverage ranges up to 60 days, but it can also cover visitors making annual trips to Thailand.