Living in Thailand with the WRONG Health Insurance

Summary

In this video, the host returns to King Killa Park after a hot spell in Changai City. He discusses the importance of considering long-term insurance while living abroad, particularly as he approaches 50. The host, who previously relied on Safety Wing Nomad Insurance, realizes its limitations for serious health conditions and considers switching to a more comprehensive Thai health insurance plan. He advises viewers, especially those over 50, to think about the future and not solely rely on basic travel insurance when settling down in a foreign country.

Takeaways

• 🌞 The vlogger has returned to King Killa Park after a trip to hot Changai City.
• 🚶‍♂️ The vlogger plans to walk around and discuss an important topic while reflecting on his absence.
• 🔥 It's currently the hottest time of the year, being the end of April and the beginning of May.
• 🤔 The main subject of the video is insurance, particularly the need for long-term insurance while living in Thailand.
• 📦 The vlogger has been using Safety Wing Nomad Insurance but realizes it's not suitable for long-term coverage.
• 👴 As he is approaching 50, the vlogger is considering the need for proper health insurance for the future.
• 🛑 Safety Wing is described as a basic travel insurance that is not a substitute for health insurance.
• 💊 The vlogger is concerned about the increasing aches and pains that come with age and the need for coverage for serious conditions.
• 💰 He mentions that while Safety Wing is cheap, it may not be the best investment for long-term living in Thailand.
• 🏥 The vlogger is considering Thai health insurance as a more suitable option for settling down in Thailand at the age of 50.
• 🚴‍♂️ The vlogger is preparing for new travels and adventures, indicating a shift in focus from his base in Changai.

Q & A

What is the main topic of the video script?

The main topic of the video script is the consideration of insurance, particularly long-term health insurance, for expatriates living in Thailand.

Why is the speaker reevaluating his insurance needs?

The speaker is reevaluating his insurance needs because he realizes that his current travel insurance, Safety Wing Nomad Insurance, is not suitable for long-term health coverage as he ages.

What type of insurance does the speaker currently have?

The speaker currently has Safety Wing Nomad Insurance, which is a travel insurance that covers accidents and emergency medical situations.

Why is Safety Wing Nomad Insurance not suitable for the speaker's long-term needs?

Safety Wing Nomad Insurance is not suitable for the speaker's long-term needs because it does not provide comprehensive health coverage, which is essential for someone living in a foreign country as they age.

What are some of the speaker's concerns about aging in a foreign country without proper insurance?

The speaker is concerned about potential chronic health issues and serious conditions that could arise as he gets older, which his current travel insurance would not cover.

What is the speaker's plan regarding his insurance in the coming months?

The speaker plans to possibly discontinue his current Safety Wing Nomad Insurance and look into getting proper in-house health insurance in Thailand.

What does the speaker suggest for younger individuals, such as those in their 20s or 30s, regarding insurance?

The speaker suggests that younger individuals might not need to worry as much about long-term health insurance as he does, and that basic travel insurance might be sufficient for them.

What is the speaker's view on the cost of insurance as one gets older?

The speaker acknowledges that insurance costs may increase as one gets older, and it's important to be more sensible and think about the long-term implications.

What is the speaker's opinion on the importance of having health insurance when living abroad?

The speaker believes that having health insurance is crucial when living abroad, especially as one gets older, to cover potential health issues that may arise.

What is the speaker's current age and why does it factor into his insurance considerations?

The speaker is nearing 50 years old, and this age factor is significant in his insurance considerations because he is more likely to face health issues as he gets older.

What is the speaker's advice for people considering long-term stays in Thailand?

The speaker advises people considering long-term stays in Thailand to look into proper health insurance instead of relying solely on travel insurance like Safety Wing.

Outlines

00:00

🌞 Reflecting on Life and Insurance in Thailand

The speaker returns to a familiar place, King Killa Park, after being away for a month and a half. He discusses the importance of insurance, especially for expats living in Thailand, as he is approaching his 50s. He mentions his current travel insurance, Safety Wing Nomad Insurance, which he uses for peace of mind in case of accidents but acknowledges it's not suitable for long-term health coverage. The speaker contemplates the need for proper health insurance as he ages and experiences more aches and pains, considering the inadequacy of travel insurance for serious medical conditions in a foreign country.

05:02

🤔 Contemplating Long-Term Health Insurance in Thailand

The speaker continues to ponder the necessity of switching from his current travel insurance to a more comprehensive health insurance plan as he gets older. He emphasizes the importance of planning for the future and not relying solely on travel insurance for long-term stays abroad. He suggests that while Safety Wing is affordable and provides basic coverage for accidents, it's not a substitute for health insurance, especially for those settling down in Thailand. The speaker also hints at upcoming travel plans and expresses excitement about exploring new places while vlogging his experiences.

Keywords

💡Changsha

Changsha is a city in Hunan Province, China, known for its hot summers. In the video, the speaker mentions returning from Changsha, indicating the setting and climate of the place they are discussing. The city's heat is used as a metaphor for the intense topic of insurance that the speaker is about to delve into.

💡Insurance

Insurance is a safety net against potential risks and unforeseen events, such as accidents or health issues. The video's theme revolves around the importance of having proper insurance, especially for expatriates living in Thailand. The speaker reflects on their current insurance coverage and its adequacy for long-term living abroad.

💡Safety Wing Nomad Insurance

Safety Wing Nomad Insurance is a type of travel insurance often promoted by vloggers and travelers. The speaker mentions using this insurance for peace of mind during travel but questions its suitability for long-term health coverage while living in Thailand, which is central to the video's message about the need for more comprehensive insurance.

💡Health Insurance

Health insurance provides coverage for medical expenses and is distinct from travel insurance. The video emphasizes the need for health insurance as the speaker ages and considers the potential for more serious health issues. It is a key point in the discussion about planning for the future while living abroad.

💡Long-term

The term 'long-term' refers to a持久的 or extended period of time. In the context of the video, it is used to discuss the speaker's future plans of living in Thailand and the need for long-term insurance solutions that will cover them as they get older.

💡Accidents

Accidents are unforeseen incidents that can result in injury or harm. The script mentions accidents as situations where travel insurance might provide some coverage, but the speaker questions if it's enough for serious conditions, highlighting the limitations of their current insurance.

💡Aging

Aging refers to the process of growing older, which is a central theme in the video. The speaker is nearing 50 and is considering the increased health risks that come with age, which prompts the discussion about the need for better insurance coverage.

💡Chronic Conditions

Chronic conditions are health issues that persist over a long period and often require ongoing management. The speaker mentions the possibility of developing chronic conditions as they age, emphasizing the importance of having health insurance that can cover such long-term health needs.

💡Big C Word

The 'Big C Word' is a colloquialism for 'cancer.' The speaker uses this term to illustrate the severity of health conditions that could arise with age, and why comprehensive health insurance is essential for older individuals living abroad.

💡Thai Health Insurance

Thai Health Insurance refers to insurance plans available in Thailand that cover medical expenses within the country. The speaker contemplates transitioning from their current travel insurance to a Thai health insurance plan as they consider settling down in Thailand, which is a significant step in their insurance planning.

💡Vlogger

A vlogger is a person who creates and shares video blogs online. The script mentions other vloggers who promote Safety Wing, indicating the influence of vloggers on insurance choices. The speaker also positions themselves as a vlogger sharing personal insights on insurance for their audience.

Highlights

Returning to King Killa Park after a trip to Changai City, discussing the importance of insurance for expats in Thailand.

Reflecting on the realization that current travel insurance may not be suitable for long-term residents.

Musing on the limitations of Safety Wing Nomad Insurance for older individuals and the need for more comprehensive coverage.

Considering the inadequacy of travel insurance for serious health conditions while living abroad.

The acknowledgment of aging and the increased need for health insurance as one gets older.

Discussing the potential of self-funding minor health issues versus the need for insurance for major ones.

Contemplating the discontinuation of basic travel insurance in favor of more substantial health insurance.

Highlighting the difference between travel insurance and health insurance, especially for long-term residents.

The personal decision to look into Thai health insurance as a more suitable option.

The cost of Safety Wing insurance and its relative cheapness as a basic travel insurance.

The complexity of insurance and the difficulty in making the right choice for long-term health coverage.

The advice against relying solely on Safety Wing for those planning to settle in Thailand.

The importance of considering long-term health insurance needs for individuals over 50.

The upcoming plans to travel and vlog about new experiences, indicating a shift in focus from Changai.

The intention to continue making vlogs while in Changai as a base for future visits.

Encouraging viewers to think about the long-term implications of their insurance choices.

A casual sign-off with well-wishes for viewers' safety and a teaser for the next vlog.

Transcripts

so guys welcome back to the channel

touching down from Chang my city a

blazing hot changai City and we're back

in an old familiar face King Killa Park

and yeah we're going to have a little

walk around here little walking talk

today it feels like I've never been away

I've not been here for like a month and

a half so yeah it's not too many people

out because we are in the blaze in what

we in mid mid April coming towards the

end of April actually beginning of May

soon so yeah hottest time today's

subject is an important one and one that

I wanted to talk about for myself as

well because it's affecting me at the

minute as well well it's not affecting

me but it's something I need to think

about more in the future Insurance

living in Thailand this this is

something I've been thinking about a lot

lately because I've never really thought

about it before because I've always had

insurance but when I really thought

about it I realized that the insurance I

got is not really a long-term insurance

and I thought this would be a great a

great Vlog today because I used the

safety Wing Nomad Insurance sometimes I

miss months sometimes um you can buy it

monthly for anybody that knows I'm sure

everybody has heard of safety Wing

because a lot of vloggers promote it and

talk about it and that's what I

use and when I S sat back and really

thought about it going forward it's not

the right insurance for somebody living

here and getting on the older older age

of life you know getting on the the end

tale of life like I sort of am I'm not a

young man anymore you know I'm just

touching 50 nearly and you need to think

about the future and you need to think

about things going wrong if you're going

to be living in a foreign country

basically it's just a normal it's a

normal travel insurance right for

accidents and emergency medical and

safety Wing is not a substitute for

health insurance so you know if anything

happened here to me if any if I got a

serious condition safety Wing is

basically useless it's great having that

peace of mind in case I have an accident

break a leg or come off the bike or

something and even then they probably

wouldn't pay out but it's great having

that peace of mind but is it really what

you what I need going forward living in

Thailand it's not really so I'm probably

going to look at knocking knocking

safety wing on the head in in the coming

months if if my plan is to carry on

living in Thailand I need proper

I will need proper inhouse health

insurance I wake up in the mornings I'm

getting aches that I never had before

I'm getting pains that I never had

before and it's only going to get worse

right the older you get the more the

more chronic things that can happen and

you know I hate to say it but the big c

word and things can happen more regular

when you get older right I can probably

cover the little problems myself now and

you hear of these people

even some YouTubers they they ensure

their themselves right now don't they

they they got some money put away not

for the big problems I'm probably going

to stop the basic travel insurance and

look look more into Thai health

insurance going forward if if my plan is

to settle down here when I'm 50 I know

safety Wing is cheap I forgot what it is

now I'll have to put it up on the screen

what I pay cuz when I get to the next

stage of life

it will be a little bit more expensive

it's a mine field isn't it insurance and

health insurance is always a Minefield

again having travel insurance is great

right but not not when you when you're

not going home if you're not going home

they're kind

of s worthless if you're knocking on a

bit as well it's all right if you're 20

or 30 is it I wouldn't think about this

so much if I was if I was still young I

mean say now something really happened

to me now I needed proper treatment my

travel insurance ain't going to cover

that I've looked it up it's not going to

it's going to cover me for you know an

accident Breaking Me ankle stubbing me

toe whatever you know cutting me arm and

stuff like that

and what am I actually

paying for with that it's it's not

worthless but you can be more clever

about it that's what I'm trying to say I

can be more clever with it now but now

I'm thinking I'm thinking about the long

game a bit more the old you get the more

sensible you get as well don't you I

think the more you think hang

on you can't just go through life like a

Jack the Lad with everything and you

have to

um you have to think about things a

little bit so yes I just wanted to have

a little chat today about that and don't

don't put all your eggs in something

like safety Wing if you're coming here

to live man coming here to live you

might as well you might as well find the

proper proper health insurance right if

you're 20 or 30 years

old yeah there you go man I wouldn't

think about it so much as what I'm doing

now

but 50

plus it's it's worth putting your money

towards maybe something a bit better in

Thailand if your plans are to rout down

here yeah today it's just a chill day

down at the river again I thought I

would do this little Vlog cuz I've had

it wrote down and there something um

I've been planning for a little while

because could be could be helpful not

even helpful just talking about it and

somebody saying oh yeah you know I used

safety wing and I want to go to Thailand

for like 5 or 10 years it might make

someone just think hang on it's probably

maybe not the best solution um I'm

getting ready to take off again so it's

going to be cool man got loads

planned there going to be less and less

of changai where has been in there this

is my base whenever I come back we're

going to be doing Vlogs when I'm here of

course we are and doing things but I'm

really looking forward to uh taking off

again seeing some new places which we're

going to be doing and vlogging being on

the road yeah so I'm going to leave it

there guys I'm going to get home cool

down a bit and relax for the rest of the

day not got much planned for the next

couple days but after that we're on

we're on a mission man so I'm going to

stop waffling hope you're all safe and

sound as always and I will see you in

the next one so take it easy man take it

easy

[Music]