Cancer Insurance in Thailand: Complete Guide 2024

Lump Sum Cancer Insurance

Lump Sum Cancer Insurance are among the most popular cancer insurance plans in Thailand. An estimated 10% of all health policies sold, out of approximately 2.4 million policies (source: OIC), are cancer insurance plans with lump sum payouts.

Overview of lump sum cancer insurance plans in Thailand:

• Pays out a lump sum amount of money if the insured gets cancer – ranging from 200,000THB upon diagnosis of cancer, to 2 million THB or higher
• Amount of payout usually depends on stage of cancer. Some cancers can be excluded.
• Relatively affordable. Premiums vary according to age & level of cover , from 700THB per year to over 10,000THB per year

Critical Illness Insurance

Critical illness insurance plans are a very popular option in Thailand, most insurers in Thailand offer critical illness insurance plans. These plans are often sold as riders to life insurance policies by life insurance companies. However they can also be bought standalone from non-life insurance companies & brokers in Thailand.

• Similar to cancer insurance plans that offer lump sum payouts, a critical illness insurance plan differs by covering a wider range of medical conditions. In addition to cancer coverage, these plans may also cover conditions such as heart disease, stroke, organ transplant, and kidney/liver failure.
• Lots of product variety.
• Pricing similar to cancer insurance plans with lump sum payout, but can have less value for money for cancer cover

Comprehensive Health Insurance with Cancer Protection

• Pays for general health as well as cancer-related medical expenses.
• Typically includes coverage for chemotherapy, radiation therapy, surgery, and medications related to cancer treatment.
• In general, the most expensive type of insurance for cancer; but cover levels for cancer related expenses can be much higher than other types

Thailand Cancer Insurance Reviews

Critical Illness Insurance Plans Reviews

• AIA cancer insurance plans review (coming soon)
• Viriyah cancer insurance plans review (coming soon)
• FWD cancer insurance plans review (coming soon)

Cancer Insurance Plans with Lump Sum Payouts Reviews

• AIA cancer insurance plans review (coming soon)
• AXA cancer insurance plans review (coming soon)
• Generali cancer insurance plans review (coming soon)
• Allianz cancer insurance plans review (coming soon)
• Tune cancer insurance plans review (coming soon)
• FWD cancer insurance plans review (coming soon)
• Muang Thai cancer insurance plans review (coming soon)
• MSIG cancer insurance plans review (coming soon)
• CIMB cancer insurance plans review (coming soon)
• Thaivivat cancer insurance plans review (coming soon)
• Bangkok Insurance cancer insurance plans review (coming soon)
• Dhipaya (TIP) cancer insurance plans review (coming soon)

Comprehensive Health Insurance Plans with Cancer Cover Reviews

• LUMA insurance plans review (coming soon)
• AXA insurance plans review (coming soon)
• ALLIANZ cancer insurance plans review (coming soon)

Below is a list of some of the most popular and prominently featured providers offering cancer insurance:

Cancer insurance from Life Insurers

• AIA
• Allianz Ayudhya
• FWD Thailand
• Generali

Cancer insurance from Non-Life Insurers

• AXA Thailand:
• Bangkok Insurance
• Chubb
• Dhipaya
• MSIG
• Muangthai Insurance
• Roojai
• Sompo
• Thaihealth
• Thaivivat
• Tokio Marine
• Tune Protect

Cancer insurance from Specialist Providers

Specialist providers partner with insurance companies to create tailored plans that cater to specific needs and often offer exclusive products. These plans can be similar in terms of coverage and price to those sold directly by insurers, but they frequently include unique services and features.

List of Specialist Provider(s):  

• LUMA Health Insurance 

Cancer Insurance from Banks

Banks in Thailand offer a convenient way to purchase cancer insurance, particularly at their retail locations. However, they may not always provide in-depth explanations or detailed analysis of the fine print, unlike direct dealings with insurers or specialized broker services.

List of notable banks offering cancer insurance:  

• Kasikorn Bank
• Krungthai
• Siam Commercial Bank