LMG Insurance In Thailand For Expats And Travelers

LMG Insurance is one of Thailand’s leading domestic insurers, offering affordable health insurance solutions designed for residents, long-term visitors, retirees, and expats who primarily receive medical care within Thailand. 

Backed by decades of experience in the local market, LMG provides comprehensive coverage at a lower price point than many international insurers while still giving policyholders access to Thailand’s extensive network of private hospitals.

In this Pacific Prime guide, we’ll explore LMG’s major health insurance plans, compare their key benefits, and explain who they’re best suited for so you can determine whether a local Thai insurer is the right fit for your healthcare needs.

LMG Insurance: The Insurance Provider for Expats & Visitors

First established in 1975 under the name Narai Insurance Co. Ltd., LMG Insurance, a Liberty Mutual Company, is a veteran in the Thailand insurance market with over 45 years of experience in providing their customers with the highest level of service.

Unlike international insurers that provide worldwide medical coverage, LMG primarily focuses on healthcare within Thailand. This makes it an attractive option for retirees, digital nomads, long-term visitors who plan to live in Thailand and want comprehensive local protection without paying for global benefits.

With the support of Liberty Mutual Insurance, one of the world’s leading insurance providers, LMG Insurance boasts an unparalleled THB 1,700 million in authorized capital. No matter which one of the expat-friendly places in Thailand you are in, you can still feel safe and insured with LMG Insurance.

LMG Insurance offers a wider variety of individual insurance solutions, from health & personal accident insurance to motor insurance. In this article, we will focus on the health and personal accident insurances that are most suitable for expats and long-stay visitors in Thailand.

Below are a few of the individual health and personal accident insurances provided by LMG Insurance:

• Health Insurance Elite Series
• Individual Health and Accident Insurance Policy Elite Plus
• Individual Health and Accident Insurance Policy Universal Plus
• Long Stay VISA Plus
• Long Stay VISA Plus Premium Plan 100,000 USD or THB 3,330,000

LMG Insurance Health Insurance Plans for Expats/Travelers

In this section, we look at the coverage and options of specific LMG Insurance health insurance plans to give you a better understanding of what you can expect when you opt for an LMG insurance plan.

LMG Insurance Individual Health And Accident Insurance Policy Elite Plus

The Insurance Individual Health and Accident Insurance Policy Elite Plus is the most comprehensive health insurance plan provided by LMG Insurance.

The plan includes key benefits such as inpatient and outpatient coverage, emergency evacuation, a care card that can be used at network hospitals without advance payment, and several additional benefit options, including maternity, dental, and vision.

There are three variations available for the Elite Plus policy: Bronze, Silver, and Gold. The difference between the variations is the optional benefits covered and the benefit limits, with the Gold Plan having the highest coverage and limits.

Additional Benefits	Bronze Plan (THB)	Silver Plan (THB)	Gold Plan (THB)
Annual Limit	5,000,000	20,000,000	80,000,000
Pre Confinement Limit	1,000,000	5,000,000	20,000,000
Article 14 Hospice and Palliative Care maximum 12 months per lifetime	Customary and reasonable medical charges, up to maximum limit per confinement
Article 15 Psychiatric Treatment (Maximum limit per year)	Not covered	100,000	200,000
Article 16 Private Nurse Fees, up to 30 days after discharge from hospitalization, as per physician recommended	Customary and reasonable medical charges, up to maximum limit per confinement
Article 17 Alternative Treatment, Chinese Traditional Medicine, Acupuncture, and Chiropractic Treatment
17.1 Alternative treatment under network of hospitals or clinics listed by LMG	Not covered	30,000 per year	50,000 per year
17.2 Alternative treatment not under network of hospitals or clinics listed by LMG	Not covered	2,000 per time, up to 10 times per year	2,000 per time, up to 10 times per year
Article 18 Health Checkup and Vaccinations
18.1 Health check-up	Not covered	30,000 per year	5,000 per year
18.2 Tetanus vaccination and/or influenza benefit, maximum limit per year	Not covered	1,000 per year	2,000 per year
Article 19 Maternity
19.1 Normal labor, vacuum / forceps delivery, planned cesarean section (waiting period 280 days)	Not covered	100,000	150,000
19.2 In case of miscarriage (waiting period 90 days)	Not covered	50,000	75,000
19.3 In case of Ectopic Pregnancy or emergency cesarean section from life-threatening labor (waiting period 280 days)	Not covered	200,000	300,000
Article 20 Loss of Life, Dismemberment, Loss of Sight or Permanent Disability (PA1) by an accident, including Assault & Murder, and motorcycle accident as a rider or a passenger	100,000	200,000	200,000
Article 21 Funeral Benefits due to injury or illness	Not covered	10,000	15,000

Individual Health and Accident Insurance Policy Universal Plus

For expats in Thailand who travel frequently, the Individual Health and Accident Insurance Policy Universal Plus is the plan for you. This international health insurance plan keeps you insured even when you leave Thailand.

The Universal Plus offers five variants, Plan 1–Plan 5. Similar to the Elite Plus variants, the main difference is the benefit limits. All five variants offer worldwide coverage, excluding the United States of America.

The key benefits for the Universal Plus plans include:

• Medical expense coverage up to THB ฿2 million per confinement
• Room and board covered up to THB ฿8,000 and a maximum of 365 days per year
• Health insurance premiums can be claimed as personal tax deduction of up to THB ฿25,000
• Additional outpatient coverage options can be purchased
• Cashless and direct billing with more than 300 medical network providers in Thailand

While Elite Plus is designed primarily for people who receive most of their medical care within Thailand, Universal Plus is better suited to expats who travel regularly or spend extended periods outside the country. 

Its worldwide coverage (excluding the United States) offers greater flexibility for internationally mobile individuals while still providing access to LMG’s local healthcare network when they return to Thailand.

The Universal Plus plan covers almost everything available in the Elite Plus plan with the exception of maternity benefits. However, you can purchase additional benefits to cover your consultation fees, medicine, prescribed drugs from registered physicians, and laboratory tests.

Why Should You Choose LMG Instead of an International Health Insurance Plan?

LMG Insurance is an excellent choice for expats, retirees, and long-term residents who expect to receive most of their healthcare in Thailand. As a domestic Thai insurer, LMG offers comprehensive local health insurance at a more affordable price than many international plans, making it a practical option for those who don’t require worldwide coverage.

You may want to choose LMG Insurance if you:

• Live in Thailand year-round
• Primarily receive medical treatment in Thailand
• Want lower premiums than international health insurance plans
• Need coverage that satisfies local healthcare and visa requirements
• Value access to Thailand’s extensive network of private hospitals

An international health insurance plan may be a better choice if you:

• Frequently relocate between countries
• Travel extensively for work or leisure
• Want worldwide medical coverage
• Need the flexibility to receive treatment in multiple countries

Pacific Prime can help you compare both local insurers like LMG and international health insurance providers to find a policy that matches your healthcare needs, lifestyle, and budget.

LMG Insurance Long Stay Visa Plans In Thailand

What makes LMG Insurance stand out from other insurance providers in Thailand like LUMA and Allianz is their Long Stay VISA Plus and Long Stay VISA Plus Premium plans. These plans are specifically designed for those applying for Thailand’s Non-immigrant VISA O-A (Long Stay).

All applicants applying for the non-immigrant VISA O-A must have health insurance coverage for the duration of their stay with no less than USD $100,000 USD or THB ฿3,000,000 in medical coverage. The Long Stay VISA Plus Premium offers coverage of THB ฿3,500,000 per policy per year!

When you opt for the Long Stay VISA Plus and Long Stay VISA Plus Premium, your data is automatically uploaded to the TGIA portal database to allow immigration authorities to validate your health insurance status.

Deductibles are also available for both plans to help you control your premium costs.

Eligibility for LMG Insurance

In order to secure the plans mentioned above, please refer to the eligibility requirements below. Please note that these are just general eligibility requirements for LMG Insurance’s plans. For specific details, please refer to your plan’s terms and conditions.

• The applicant’s age must be between 18 and 65 years old.
• The applicant must be a Thai resident or reside in Thailand for at least 6 months within a 12-month period.
• All applicants must complete an application form and medical questionnaire. In some cases, LMG may request additional information.
• Insurance policy will only be effective after LMG approves the insurance application

Why You Should Always Buy From an Insurance Broker

When securing an insurance policy, there are two ways to do it: through an agent or through a broker like Pacific Prime. Whilst both can get you an insurance plan, you should always go with a broker because you are presented with more options from different companies that fit your needs and budget.

In addition, visa complications may arise if you do not abide by certain required expat insurance regulations in Thailand, so you might benefit from brokerage services with a thorough understanding of local regulations.

Here are a few key points where brokers and agents differ:

Who They Represent

One of the biggest differences between an agent and a broker is who they represent. An agent typically represents an insurance company or a specific insurance policy under an insurance company, whereas a broker represents you.

What this means is that whilst both will provide you with different insurance options, a broker will put your needs above the needs of the insurance company, ensuring that the options you are given fit your specifications and your budget range.

Options Available

As mentioned earlier, an agent typically represents an insurance company or a specific insurance policy provided by an insurance company. As such, when you go through an agent to secure an insurance policy, the options you are presented with are limited to one specific company.

On the other hand, when you go through a broker, the options you are provided with will come from a number of different companies that the broker is partnered with.

What this means to you is that when you go through an agent, you may be presented with selections that are right for you from one specific company, but going through a broker gives you a more diverse selection of policies that fit your needs and budget range.

Their Goal

The goal of an agent is to ultimately get you to secure an insurance policy from the insurance company they represent. The goal of a broker is to help you secure an insurance policy that best suits you whilst staying within your budget range.

Frequently Asked Questions

Is health insurance mandatory in Thailand?

For expats who are applying for a Retirement Visa, a Long Stay Visa, a Long-Term Resident visa, or a Thailand Elite Card in Thailand health insurance is mandatory. You may secure a health insurance plan through a local Thai insurance company or a foreign insurance company to meet the requirements.

How much does health insurance cost in Thailand for expats?

The average cost of individual health insurance in Thailand is around USD $4,695 or THB 155,600. Please note that your policy price may differ depending on several factors, including age and pre-existing conditions.

Is the quality of healthcare good in Thailand?

In the larger cities like Bangkok, the healthcare system is at a world-class standard. Bangkok is home to the Bumrungrad International Hospital, which is also considered one of the top hospitals in Asia.

Conclusion

For expats and long-term residents who expect to receive most of their healthcare in Thailand, LMG Insurance offers an excellent balance between affordability and comprehensive local protection.  

As a leading domestic insurer, LMG provides a cost-effective alternative to international health insurance plans while still offering access to Thailand’s extensive network of private hospitals. 

For those applying for a Thailand non-immigrant VISA O-A (Long Stay), the company’s Long Stay VISA plans offer absolute convenience with deductible options to control premium costs. The plans easily fulfill the health insurance requirements for the VISA, and your data is automatically uploaded to the TGIA for verification.

If you are looking for an insurance plan, you should always go through insurance brokers like Pacific Prime. When you seek the help of insurance brokers, their team of insurance experts works for you, putting your needs and budget into consideration to find you a plan that works specifically for you.

Pacific Prime partners with top insurers across Thailand, like LMG Insurance! Our experts at Pacific Prime Thailand can simplify your insurance process and help you navigate through the complicated processes to find the best plans that fit your needs and budget.

Contact us today for a free quote.