Thailand: 10 Baht Microinsurance Offers ฿100,000 Coverage for Songkran 2024

by Chief Editor

On April 10, 2569, Prime Minister Anutin Chaanvirakul presided over the opening of the Road Accident Prevention and Reduction Operation Center for the Songkran Festival 2569. During the event, the Prime Minister promoted microinsurance options designed to bolster public safety during the holiday period.

New Insurance Options Available for Songkran Travelers

For Songkran 2569, the Office of the Insurance Commission (OIC) collaborated with relevant sectors to develop two affordable insurance options.

The first, “Songkran Beikbaan Jai” insurance, provides coverage for both life and medical expenses resulting from accidents. This microinsurance is available with premiums starting at 10 baht for coverage up to 100,000 baht, and 20 baht for coverage up to 250,000 baht. Coverage lasts for 30 days, from March 31, 2569, to June 30, 2569, and is available to Thai citizens aged 15-70.

The second option, “Praganbaan Tieow Unjai” insurance, offers coverage for home security while travelers are away, with a premium of just 10 baht and coverage up to 30,000 baht, also for a period of 30 days.

These policies can be purchased through insurance companies and participating channels, including Counter Service and business partners, increasing accessibility for the public.

Did You Know? The Prime Minister expressed appreciation for microinsurance, noting its potential to expand access to health and accident insurance for Thai citizens.
Expert Insight: Offering affordable insurance options during peak travel periods like Songkran demonstrates a proactive approach to mitigating risk and providing a safety net for citizens. The availability of these policies through convenient channels like Counter Service is a key step in broadening insurance access.

Frequently Asked Questions

What is the “Songkran Beikbaan Jai” insurance?

It is a microinsurance policy offering coverage for life and medical expenses due to accidents during the Songkran festival. Premiums start at 10 baht for 100,000 baht coverage and 20 baht for 250,000 baht coverage.

What is the “Songkran Beikbaan Jai” insurance?

Who is eligible for these insurance policies?

These policies are available to Thai citizens aged 15-70 years old.

Where can I purchase these insurance policies?

Policies can be purchased through insurance companies and participating channels such as Counter Service and business partners.

As travelers prepare for Songkran 2569, how might these new insurance options influence their travel planning and risk assessment?

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