Short-term insurance (ประกัน ระยะ สั้น, which is the term in Thai) is wonderful when appropriately used. The problem is that generally people consider them the same as the full plan, only cheaper, forgetting about their actual nature, which is limited, specific, and loaded with fine print that you cannot afford to overlook.
Common Mistakes People Make
Assuming Everything Is Covered
A significant pitfall is having the idea that temporary coverage is guaranteed to have all the same protections as a regular policy. It is so comfortable that people get to realize only when something bad happens, and that is the time the insurer calmly shows the exclusions that you have never read before.
Skimming Past The Details
In the case of most buyers, they go very fast through the signup process because they think their only need is for a short time. They give a miss to the list of exclusions, limits, and conditions, believing it will not matter. The difference between a valid claim and bearing all the costs yourself may be just one clause ignored.
Relying On Someone Else’s Insurance
This one hurts a lot. They take a friend’s car, stay in a rental for a short period, or share the equipment of the professional who is traveling, and just think the insurance of the owner is covering them. If you do not appear on the plan or are not included in it, then you will have to bear the entire loss or damage yourself.
Falling For Low Upfront Prices
Insurance companies are well aware that buyers who make last-minute purchases are usually hasty, and so they are able to attract them with low premiums. The customer is then faced with hidden excess fees, payout caps, and restrictive terms that come into effect when he actually needs help. That “cheap” option turns out to be very expensive when the insurer hardly covers anything.
Trying To Buy Coverage After The Problem
Some individuals attempt to secure short-term coverage after an event has already taken place, assuming that the coverage will be applied retroactively. However, insurance companies do not operate in that manner. If something has already happened, no provisional policy will be able to save you. The insurers are very particular about the timing.
Prakanti Dloh: Short-Term Coverage You Can Actually Rely On
It’s a huge risk to be uncovered just because of a short-term policy when bad things happen. Prakanti Dloh’s temporary insurance provides you with flexibility, clear conditions, and help that is in accordance with practical cases rather than being based on tricks in the fine print. Their platform allows you to easily select a plan that meets your requirements and time without paying more than necessary.
