The cost of travel insurance to Thailand varies depending on the following:
- Duration of Coverage
- Medical Coverage
- Travel Benefits
- If the policy allows for a Single trip or Multiple Trips
You can expect to pay approximetly USD 7 /day for a standard travel insurance plan for 1 week. If you are looking to get covered for a longer duration, for example 1 month, then the cost per day can be as low as USD 1.96 /day. Take a look at our prices for LUMA’s Asia Pass below:
How much can you save with Travel Insurance in Thailand
If you get sick or injured during your trip, medical expenses can add up quickly as medical care is not always cheap in Thailand and without travel insurance, you could end up with a hefty bill. Here are a couple scenarios for how much medical costs can be in Thailand:
Minor stitches: 14 – 250 USD for an outpatient consultation
Accident requiring a plaster or cast: 50 – 250 USD for an outpatient consultation
Bacterial diarrhea: From 50 USD for an outpatient consultation to over 2,000 USD for a hospitalization (Inpatient)
Dengue fever: From 50 USD for an outpatient consultation, and can reach 150,000 USD for an Inpatient stay
Evacuation: 2,500 – 8,500 USD (can go up to 30,000 USD or more depending on medical condition)
Major surgeries: From 5,000 to 30,000 USD, but can go higher depending on the severity
Outpatient: This is when you are treated at the hospital without the need to be admitted at the hospital. For example: a doctor’s visit for a diagnosis and treatment can be done at home.
Inpatient: This is when you are admitted at the hospital for an overnight stay. For example: an accident that leads to a major surgery requiring an overnight stay and recovery at the hospital.
Motorbikes are widely favored by both locals and tourists in Thailand, yet they pose high risks. In the event of a motorbike accident, injuries like bone fractures and internal bleeding can occur, especially in high-impact collisions. See below the approximate costs for these injuries:
- Simple bone fracture: 1,000 USD or more
- Severe bone fracture: 9,000 USD or more
- Multiple bone fractures: 30,000 USD to 60,000 USD or more
- Internal bleeding: 15,000 USD or more
A travel insurance may help cover the cost of medical expenses and other damages if you are injured in a motorcycle accident. Please note not all insurers cover motorbike accidents, please read carefully before buying.
Read more on the importance of Travel Insurance for Motorbike accidents in Thailand.
Trip Cancellations & Delays
Unexpected events can disrupt your travel plans and become costly if you cannot cancel and get reimbursed.
To ensure peace of mind and especially for expensive trips, it’s advisable to consider purchasing a travel insurance covering trip cancellations. This way, you can have the assurance that you may be able to make a claim in the event of unforeseen changes to your travel plans.
Be sure to carefully review the details in the policy, paying close attention to the fine print. Understand what is covered, and familiarize yourself with the conditions and procedures for claiming trip cancellation to prevent any unexpected surprises.
Baggage Loss, Damage or Delay
Unfortunately, loss, damaged or delayed baggage can happen to anyone. It can be frustrating to arrive in Thailand without your belongings, especially if you have important items such as medication, travel documents or valuable items in your baggage. With travel insurance, you may be reimbursed for essential items that you need to purchase while waiting for your baggage to be found or replaced.
Factors Influencing the Cost of Travel Insurance in Thailand
When purchasing travel insurance for your trip to Thailand, it’s essential to understand the factors that can influence the cost of your policy. Here are some of the key elements that can impact the cost of your travel insurance:
The longer the trip the more expensive the travel insurance will be. This is because longer trips increase the likelihood of a medical emergency or trip cancellation. While the overall price increases for a longer duration, the price per day actually decreases.
For example, for a 1 week coverage, you would pay USD 7/day for an economy LUMA Asia Pass plan. For 1 month of coverage you would pay USD 1.96 /day for the same plan.
There are some travel insurance plans that provide different premiums based on your age, the older you are the more expensive the premium. However for LUMA Asia Pass, we keep the price the same for everyone (eligibility is from 4 weeks to 75 years old).
Level of Coverage
The cost of your travel insurance policy is significantly influenced by the coverage level you select. Choosing higher-end travel insurance usually means you’ll get comprehensive coverage for both medical and travel expenses, depending on the specific benefits outlined of each plan.
The rule of thumb is: the more the plan covers the more expensive it will be.
It is important to keep in mind that some plans offer extensive coverage at low costs; however, it’s reccomended to read the policy wording carefully. In essence, if it appears too good to be true, delve into the policy details to uncover any hidden drawbacks.
Overall, be sure to select the type of coverage that is suited for your trip and intended activities and make sure to read the policy wording in detail before purchasing a travel insurance plan.
Good luck and safe travels to Thailand!