Many insurance companies in Thailand offer comprehensive group insurance policies for you and your colleagues. Smaller groups, such as management teams, multinational corporations, SMEs, start-ups, etc. can select from a wide range of existing solutions designed for small groups.
Why is this a good idea? We know it sounds trite, but your health is your most valuable asset. Sickness doesn’t distinguish between the rich and poor, old and young, selfish and altruistic. Hence, it would be best if you got yourself, and your family insured. Proper health insurance provides financial aid towards medical care and treatment in case of an unforeseen medical emergency, covering both accidents and severe illnesses, like cancer treatment and heart surgery. What’s more, a good policy will protect you against rising health care costs.
If you’re not familiar with group health insurance, read our quick article to learn what it is, the myriad benefits and why you should consider taking out a policy.
What is Group Insurance?
Group medical insurance covers a group of people, for example, the members of a professional association, a public society or a private employer. Typically, it covers many people under a single Policy, with the employer as the Policy Holder and employees as the Insured. The type of insurance which employers can make for their employees comes in many shapes and sizes, for example, Group Life Insurance; Group Accident Insurance; Group Total Permanent Disability Insurance; and Group Health Insurance. Let’s look in further detail at the last one
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