MSIG Reinforces Its Leadership in the Travel Insurance Business with the Launch of MSIG Travel Easy Plus

MSIG Thailand, no. 1 travel insurance provider in Thailand, has launched a new international travel insurance product, "MSIG Travel Easy Plus". This new offering is designed to cater to the diverse lifestyles and needs of travel insurance customers. MSIG Travel Easy Plus provides comprehensive coverage for travelers, ensuring worry-free adventures on every trip. Travel insurance premiums start at just 190 baht.

Mr. Rattapol Gitisakchaikul, CEO of MSIG Insurance (Thailand) Public Company Limited, stated that, “MSIG Thailand began its travel insurance business in 2014. Now, in our 10th year, we have become Thailand’s leading travel insurance company. In 2023, we achieved travel insurance gross written premiums of 573.8 million baht, a 54% increase from the previous year, and we hold nearly 25% market share. For 2024, the company aims to grow travel insurance premiums by another 20%."

To mark its 10th anniversary, MSIG Thailand has revamped its products by introducing MSIG Travel Easy Plus, which offers enhanced coverage:

• Main Coverage: Enjoy 21 coverages in three main categories: life and medical, delay and flight, and baggage and property. New coverage includes loss/damage of property at home while traveling abroad.
• Additional Coverage (Add-Ons): Customers can choose from 3 plans for a small additional premium to suit their travel lifestyle:
  • Care 1 (Visa Care): Covers visa application fees if the visa is denied, reimbursing up to the policy limit.
  • Care 2 (Sport Care): For sports and adventure travelers, covering death, disability, and medical expenses from dangerous sports like ballooning, diving, bungee jumping, and electric scooter riding. Special reward for golf hole-in-one achievements.
  • Care 3 (Pet & Others Care): For family travelers with children, elderly persons, or pets, covering strollers, patient wheelchairs, pet care due to return trip delays over 12 hours, and credit card debt from overseas spending within 24 hours before a fatal accident.

24/7 Global Medical and Travel Emergency Assistance:

• Telemedicine: Consult with doctors remotely via Telemedicine with Mordee, available 24/7 while abroad, with a medical report and prescription up to 5,000 baht.
• MSIG Assist: For serious illnesses or emergencies, receive medical consultation and coordination for hospital admission within a global network without upfront payment for inpatient cases. Contact MSIG Assist via the MSIG SpeeDi app using Free Wi-Fi calling or call +66 2039 5704.
• Post-Trip Medical Care: Continue treatment in Thailand for costs of up to 100,000 baht if illness persists after returning from abroad.

In 2024, MSIG Thailand is ready to expand fully into the travel insurance market, covering domestic, international, and overseas student travel. Travelers can purchase policies online through the company’s new e-Commerce website, developed to enhance the customer buying experience. Additionally, policies can be bought through various platforms, MSIG Thailand agents and brokers nationwide, or partner banks.