Thailand considering making travel insurance compulsory - AXA comment
The Independent newspaper has reported that Thailand is considering making travel insurance compulsory, with tourists obliged to buy a special policy from the airport.
In response Nel Mooy, Head of Travel at AXA Insurance has produced some insight:
“The compulsory insurance contemplated by Thailand appears to only be covering tourists if they die and not if they are injured.
Yet, medical expenses abroad can be very expensive – we recently paid a £164,000 claim for a British tourist involved in a road traffic accident in Thailand. Travellers need cover for medical care. They also need to ensure their insurance includes the activities they’ll engage in, like scuba diving or rafting for instance.
We recommend that tourists holidaying in Thailand continue to buy a travel policy in the UK no matter what. It will cover medical expenses and other costs linked to cancellations, delays, luggage loss and other mishaps. It remains a must.”
In July 2012 the AXA Commercial Lines and Personal Intermediary businesses came together to form a new single organisation – AXA Commercial Lines and Personal Intermediary. Led by Amanda Blanc, the business offers brokers a more integrated and consistent approach from AXA which is focussed on their needs as a business – whatever the product. AXA Commercial Lines & Personal Intermediary provides underwriting expertise, offering a range of commercial lines and personal lines products and insurance solutions to our brokers and customers. AXA Commercial & Personal Intermediary is part of AXA Group, a worldwide leader in insurance and asset management serving 101 million clients.
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