Purchase of health insurance for a retirement visa for foreigners - in case the insurance company refuses to sell all or part of a health insurance policy

        Thailand is a country with beautiful tourist attractions, good weather, delicious food, and smiling Thai people who are kind and generous.

        Most importantly, the cost of living is not high, making Thailand one of the top countries to live during retirement. For foreigners who want to come to live in Thailand after they retire, they must get the Retirement Visa for Foreigners, Non-Immigrant Visa “O-A,” which must meet the conditions and set of documents for consideration. One of the required documents is a copy of evidence of health insurance (according to the Office of Insurance Commission (OIC)) and a copy of a Thai or foreign health insurance policy or government welfare or other collateral with the sum insured for medical expenses for general diseases, including Coronavirus Disease 2019 (COVID-19), in total of not less than 3,000,000 baht. Those wishing to apply for a visa can study and purchase insurance policies through online channels at the website longstay.tgia.org. 

In the event that, for some reason, the insurance company refuses to sell a policy to a retiree, in whole or in part, additional documents are required: 

1. Letter of refusal to sell health insurance.  If refusing in Thailand, the company must comply with the specified criteria, or if refusing from abroad, the company must coordinate with the Ministry of Foreign Affairs of the country requesting a visa to certify the signature of the person authorized to sign on the document shown (Notary). 

2. The applicant may purchase other securities/ deposits/ health insurance; the total amount must not be less than 3,000,000 baht, according to the criteria set by the Immigration Office. This is to solve the problem of purchasing health insurance that arises and to upgrade and screen foreigners who will travel into Thailand.

Source : Wonderfulpackage
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