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What are the latest updates on insurance requirements for the O-A visa in Thailand?

O-A Visa Insurance Requirements Thailand Visa News Retirement Visa Health Insurance Expat Insurance Visa Regulations

Jul 16, 2024

5 months ago

Brian ***********

ORIGINAL POSTER

Hi all any news on the reduction in insurance levels required for O-A visa

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TLDR : Answer Summary

The community is inquiring about updates regarding the reduction in insurance levels required for the O-A visa. Users share that for Non-Immigrant O visas, insurance is not required, while a retirement visa necessitates a minimum life insurance cover of 3 million baht, but health insurance is flexible. There is speculation about potential changes to these requirements, with some suggesting that updates might be announced later this year, potentially starting from September 2024.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
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Rob **********

No news yet, and it wasn’t mentioned in yesterday’s news.

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Graeme **********

I heard it commences 01 Sep 24

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Gillian ******

Later in the year apparently 🤞🏻

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Gillian ******

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73/thailands-new-visas-call-for-questions?#lyo3lrnkg4jjckq8g1l

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Clive *********

Yes I can confirm the minimum insurance cover required for a retirement visa is 3,000,000 baht of life insurance cover. Health insurance is down to the individual. I’d like to ask, where can I get that cover as a 70 year old and at what cost please. Any quotes very welcome

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Vijay *****

@Clive ********

geobluetravelinsurance.com

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Vijay *****

@Clive ********

..

Geoblue.com

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Vijay *****

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Michael ********

Wasnt mentioned in announcements yesterday.

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Phil ********

Just use these.

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Ora *******

is this insurance company quality for ViSA non O x long stay ?

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Phil ********

I used it for my Non O.

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Ora *******

how about long stay visa for a year ?

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Phil ********

I don't sell the insurance.

You can ask them.

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Phil ********

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Michael ********

nope not on approved list so rather pointless

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Phil ********

@Michael *******

Rather pointless but says it on my policy.

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Phil ********

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Michael ********

is that on the approved list for OA visa ?

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Phil ********

@Michael *******

Says it is in my policy.

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Michael ********

ok maybe another embassy specific anonamoly. But he was asking about proposed reduction to

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0 cover not companies

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Michael ********

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Daniel ******

Get a Non Imm O and there is no insurance asked for!

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Brian *********

the cost of insurance is much cheap compared to interest lost in a Thai bank. 👍

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Max *************

Brian Gorecki In which thai bank won't you get interest on for example an FDA? A ฿3 million baht cover insurance is not considered cheap. That's probably the reason he asked about the proposed change in minimum cover.

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Brian *********

@Max ************

my Thai bank does not pay any real interest, especially including the fees they charge.

My US based bank paid 3x the amount of money in interest i paid for my required insurance. I calculating ONLY the amount required to be on deposit for a non O. Pretty much that cut and dry.

That interest money on deposit in a Thai bank would have been nonexistent. Where instead it paid my rent for a quarter. 👍

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Keith *******

@Max ************

any uk bank

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Max *************

Which comment are you responding to?

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Max *************

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Brian ***********

ORIGINAL POSTER

thanks for not answering my question. I wish to have insurance just not the level expected at the moment

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Andreas *********

@Brian **********

But the reduced amount of 400,000 is insane if you have to go to the hospital. Simply ridiculous.

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Bob **********

@Brian **********

on a non-o if you want insurance at least you can get a decent policy as the OA policies aren’t that good

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Max *************

@Brian **********

You can get an insurance when on a O visa. No need to go for the O-A with a mandatory health insurance if you're thinking about extending the stay another year in Thailand. Check out Pacific Cross. A reliable insurance company with loads of affordable plans.

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Brian ***********

ORIGINAL POSTER

@Max ************

with them for 4 years :-)

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Max *************

Brian Constable I've been with them since January 1 2019. I have no complaints what so ever. But I'm on an initial O Visa based on retirement. 👍

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Max *************

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Daniel ******

@Brian **********

som nom na!

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Brian ***********

ORIGINAL POSTER

now you state the obvious :-(

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Brian ***********

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Brian *********

@Brian **********

LMG was reasonably priced.

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Charles **********

@Brian **********

you can still have insurance even if you are on an O visa. I have an O-A visa but plan to switch to an O visa in 2025 but I’ll keep my medical insurance also. Good Luck

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Charles **********

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Thai Visa Advice and Everything Else

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The Thai Visa Advice And Everything Else group allows for a broad range of discussions on life in Thailand, beyond just visa inquiries.

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