Published on : Sunday, July 27, 2014
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, have launched a special online insurance coverage scheme known as the “Thailand Travel Shield” for foreign visitors.
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.
Thailand Travel Shield offers inbound tourists a range of policies costing from 650 baht (U$20) to 12,000 baht for durations ranging from one day to a year with maximum coverage of two million baht, available for online.
Travel specialists have broadly welcomed TAT’s Thailand Travel Shield initiative, though they think it will be more applicable for independent travellers than those booking through a reputable agency.