Entering Thailand as a traveler, you only need $50 covid-19 insurance, but if you are planning to stay here for a while, that’s another story.  In Thailand, the hospitals are separated into 2 sectors.

1. Government Owned Hospitals: affordable, but very slow.
2. Private Owned Hospitals: expensive, but very fast.

The government owned hospitals are overcrowded with patients.  Most patients arrive early in the morning to get in line. They usually get to go home around noon.  Some patients have to wait a few months before getting treated.  If you do not believe me, you can try to ask around about “Rat-ta-ban Hospitals โรงพยาบาลรัฐบาล.”

          From my experiences

• I had dengue fever, and had to spend a few days sleeping in the hospital hallway.  I don’t even know how many people got malaria because of me.
• My mother’s feet were swollen from sitting on an airplane about 21 flight hours.  She was referred from one doctor to another to another. Three months later, her feet were healed on their own… lol  

Retirement Planning

Retirement is a lifestyle.  Would you like to work work work until you turn 65 years old and BOOM, you are retired?  By the time you are 65 years old, you will be too tired!  Look at your parents, are they still active or they just want to stay at home?

What I believe.

I believe when you are young, there are certain things that you want to do.  When you are older, you might want to do something else.  What if I can help you achieve the lifestyle that you want through out your journey?

Health Insurance

If you are retired in the US, your pension will deducted around $300 per month for the cost of Medicare.  What about Thailand? You are pretty much on your own.  When you fall sick, I will be there to support you.  

Act fast and furious!

If you talk to cancer patients, all of them would want to buy insurance, but they cannot.  You can buy health insurance when you have good health.  When you have a long term health issue, insurance will not cover pre-existing conditions or you might be rejected.  In some cases, the premiums will be more expensive.

Income Protection

Your income determine your lifestyle!  Whether you are rich, middle or poor, you still have basic needs (foods, shelters, medicines, water, etc).  Rich people are living in expensive houses, middle class are living in the house that they can afford, and the poor are probably renting or have no house.

Is this you?

I will give you a ticket to travel by yourself for 3 months. Will your family be okay?  How about you travel without coming back?  Will your family be okay?  Are they going to have a different lifestyle?  Your child changes school. You spouse has to work harder.  Your relatives have to lend some money to your family?

Wealth Transfer

People die all the time.  We just don’t know when will be our turn to go.  How would you like the next generation to remember you?  What are your legacies? 

Wealth transfer through insurance is another way to write a will or a testament.

When you are gone, your heritage will be divided between your family according to law.  Do you want the ability to choose whoever you want to give to?  What if you want to donate some money to a charity?  In addition, the cash that your beneficiary received from the insurance can be used to pay for the heritage taxes.