Viriyah Insurance is number one insurance company in Thailand

What is The Viriyah Insurance?

The Viriyah Insurance (ประกันวิริยะ) has been a leader in the Thai market for the last 20 years.

Back in the 1950s, The Viriyah Insurance Company Limited was known as Asiatic Distributing Company and by the 1980s, with a new name as Viriyah Insurance Co., Ltd, the Company had become a huge leader in the Thai insurance market. Currently, The Viriyah Insurance Public Company Limited is Thailand’s number one non-life insurance company that reaches above 3 billion baht of direct insurance premiums as of 2013, with a current market share estimated to be somewhere around 17%.

What services does the Viriyah Insurance provide?

Find and compare insurance premiums for PA, health insurance, car insurance in Thailand with MrKumka

Motor insurance

Home and Property insurance

Accident and Health insurance

Bussiness and Liability insurance

Marine and Transportation insurance

Financial and Bail bond insurance

Motorcycle and car insurance

There are 5 categories of car insurance coverage available.

Car Insurance Type 1

Car Insurance Type 1 policy is a maximum coverage policy and includes:

Damages to the third-party’s health caused by the insured of Viriyah
Damages to the third-party’s property caused by the insured
Damages to the vehicle caused by fire or theft
Damages to the vehicle insured by Viriyah

Car Insurance Type 2

Car Insurance Type 2 policy provides more limited coverage than the type 1:

Damages to the third-party’s health caused by the insured of Viriyah
Damages to the third-party’s property caused by the insured
Damages to the vehicle caused by fire or theft

Car Insurance Type 3

Car Insurance Type 3 covers only damages to the third-party:

Damages to the third-party’s health caused by the insured of Viriyah
Damages to the third-party’s property caused by the insured

Car Insurance Type 4

Car Insurance Type 4 covers only damages to the third-party’s property:

Damages to the third-party’s property caused by the insured up to 100,000 THB per incident

Car Insurance Type 5 (2+)

covers:

Damages to the third-party’s health caused by the insured of Viriyah
Damages to the third-party’s property caused by the insured
Damages to the vehicle caused by fire or theft
Damages to the insured vehicle in case of collision

Car Insurance Type 5 (3+)

covers:

Damages to the third-party’s health caused by the insured of Viriyah
Damages to the third-party’s property caused by the insured
Damages to the insured vehicle in case of collision

Home and Property Insurance

This is the best option for property owners, the main goal of home asset insurance policy is to secure residences of policyholders. Additionally to 4 natural disasters, the policy covers other 6 basic types of dangers such as fire, flooding. As the insured sum equals the value of property, it is a value-for-money deal.

PA and Health Insurance

Personal accident or PA insurance is designed to provide the lump sum allowance in case of permanent or temporary disability of the insured with a Viriyah policy. Health insurance is designed to cover medical expenses of the insured in case of most illnesses.

Business and Liability Insurance

Business and Liability Insurance is a perfect option for non-residential buildings The policy covers 3 natural disasters. Policyholders can insure property located in Thailand up to its full value including objects inside of the facility.

Transportation and Marine Insurance

This policy is designed for ship owners. This policy covers routes in Thai territorial waters only. The subject of insurance is vessels, including equipment and engines. In case of natural disasters such as storm, or collision, or ship stranding, the insurer will take the financial responsibility for damages. Be at ease with Marine and Transportation Insurance!

Financial and Bail bond Insurance

The purpose of this policy is to provide a disability living allowance to the insured by Viriyah. The insurance policy is separated into 3 parts:

1. In case of the death or serious disabilities of the insured within 6 months after the accident occurred.
2. In case of serious or permanent disability within 6 months after the illness was firstly diagnosed.
3. In case of death due to critical illnesses: Cerebrovascular Disease, Heart Stroke, Ischemic Heart Disease, Coma, Respiratory Failure, and Brain Death.

Why choose Viriyah Insurance?

The Viriyah Insurance is Thailand’s number 1 leading non-life insurance company providing insurance for vehicles, marine, assets, and much more. They are well known in the market and have a big network of shops.

How does Viriyah determine Insurance Premiums?

Premiums for voluntary car insurance plans are calculated based on

Car Usage
Car Size
Car Category
Car Age
Age of a Driver
Identifying Drivers
Special Accessories

How to make an insurance claim with The Viriyah Insurance company?

In order to protect their rights, the insured must notify The Viriyah company immediately in case of an accident. Steps to make the insurance claim:

1. Immediately inform the Viriyah Insurance company
2. Wait for a surveyor to complete the report and accept the accident notification
3. Submit the report to the insurer in order to estimate damages
4. In case of damages to your car, please deliver it to the repair center
5. Check if the repair is performed well and your vehicle works perfectly
6. Sign the acceptance form

Benefits of Viriyah Insurance

The Viriyah Insurance with over 75 years of ongoing development is ready to propose high standards of customer service, professional repair centers, fast and coordinated solutions, and reimbursement.

Tips before purchasing with The Viriyah Insurance company

There are a few tips to consider before purchasing the insurance premium according to your needs.

Thoroughly choose your insurance premium

Remember, the most expensive is not always the best, as well as the smallest premiums might not cover your every request, choose the most suitable plans according to your needs and health.

Choose premiums with countrywide insurance coverage

Whether it is health or car insurance premium, it is important to choose the company, which cooperates with various hospitals and clinics or car repair garages and service centers. The more options available for you, the easier it is to receive assistance and make an insurance claim.

Annual plans are preferred

It is important to mention that annually paid plans are more wallet-friendly than monthly plans, as annual payment in advance can secure the company's confidence that both parties will follow the insurance policy.

Compare car insurance plans

Always compare insurance premiums from different companies in order to get the best policy with complete benefits. Luckily it is easy to do online!