Ban Tip Yim Dai - To protect your beloved home
Protect from natural desasters
Comprehensive coverage against
natural disasters such as fire,
lightning, flooding and more.
Flexible Coverage Options
Optional extra for flood coverage
for peace of mind
Incredible Value
Premuium starts for few hundred THB
with coverage up to 10 million THB
Comprehensive coverage for your property
Coverage for damages caused by fire, lightning,
disasters, explosions,
and more.
Coverage for flooding damage up to 300,000 THB*
Protection for the
building and its contents
Temporary accommodation benefit up to 100,000 THB.
Coverage for earthquakes damages up to 80,000 THB.*
Coverage for damages caused by electrical appliances short-circuiting
due to lightning.
Coverage Details
| Coverages | Benefits (THB) |
| Fire, lightning (including electrical appliances and devices caused by lightning-induced short circuits), explosion, vehicle-related incidents, aircraft-related incidents, and water-related hazards (excluding flooding). |
Actual cost, not exceeding maximum of sum insured |
Storm damage, flooding, hail, earthquake or volcanic eruption, underwater waves, or Tsunami. | Maximum 20,000 THB/Year |
| Temporary housing rental reimbursement |
Up to 1,000 THB/Day |
| Additional Coverage (for optional extras) | |
| Flood coverage* (coverage starts 30 days after policy commencement**) (Deductible: 10% of the damage for each flood event) | *** 10% of sum insured Not exceeding 300,000 THB/Year |
| Hail, storm | 30% of sum insured |
| Earthquake | 80,000 THB/Year |
| - Riot and malicious acts (Excluding actions for political, religious, or ideological purposes) | 30% of sum insured |
| - Damage to electrical appliances (appliances that are the source of the fire) | 25,000 THB or 5% of sum insured (whichever is greater) |
| - Demolition costs, debris removal, and firefighting expenses | 10% of sum insured |
Premium (Including Flood Coverage)
| Sum Insured | Policy Period | ||
| 1 Year | 2 Years | 3 Years | |
| 500,000 | 645.21 | 1,128.85 | 1,611.42 |
| 1,000,000 | 1,289.35 | 2,256.63 | 3,222.84 |
| 1,500,000 | 1,934.56 | 3,384.41 | 4,834.26 |
| 2,000,000 | 2,578.70 | 4,512.19 | 6,445.68 |
| 2,500,000 | 3,222.84 | 5,639.97 | 8,057.10 |
| 3,000,000 | 3,868.05 | 6,768.82 | 9,668.52 |
| 3,500,000 | 4,512.19 | 7,896.60 | 11,279.94 |
| 4,000,000 | 5,157.40 | 9,024.38 | 12,891.36 |
| 4,500,000 | 5,801.54 | 10,152.16 | 14,502.78 |
| 5,000,000 | 6,445.68 | 11,279.94 | 16,114.20 |
| 5,500,000 | 7,090.89 | 12,408.79 | 17,725.62 |
| 10,000,000 | 12,891.36 | 22,559.88 | 32,228.40 |
Premium (Excluding Flood Coverage)
| Sum Insured | Policy Period | ||
| 1 Year | 2 Years | 3 Years | |
| 500,000 | 645.21 | 940.53 | 1,342.85 |
| 1,000,000 | 1,074.28 | 1,879.99 | 2,685.70 |
| 1,500,000 | 1,611.42 | 2,820.52 | 4,028.55 |
| 2,000,000 | 2,148.56 | 3,759.98 | 5,371.40 |
| 2,500,000 | 2,685.70 | 4,700.51 | 6,714.25 |
| 3,000,000 | 3,222.84 | 5,639.97 | 8,057.10 |
| 3,500,000 | 3,759.98 | 6,580.50 | 9,399.95 |
| 4,000,000 | 4,297.12 | 7,519.96 | 10,742.80 |
| 4,500,000 | 4,834.26 | 8,460.49 | 12,085.65 |
| 5,000,000 | 5,371.40 | 9,399.95 | 13,428.50 |
| 5,500,000 | 5,908.54 | 10,340.48 | 14,771.35 |
| 10,000,000 | 10,742.80 | 10,742.80 | 26,857.00 |
* Please check the flood-prone areas before purchasing insurance coverage.
** Please check the non-coverage period before purchasing insurance coverage.
*** Please check the coverage limit before purchasing insurance coverage.
Underwriting Conditions
1. Only applicable to 1-level buildings (concrete structures with walls).
2. The sum insured starts from 500,000 THB
3. Customers must have insurance coverage for both the building and contents
4. Coverage period: 1 year, 2 years, or 3 years only.
5. Additional coverage can not be purchased during the coverage period.
6. Residential houses with no business activities are the only properties applicable for this insurance.
7. The company reserves the right to consider the application based on the company's insurance acceptance criteria and approval for coverage.
Group 1: Flood coverage is not included.
North Region: Chiang Rai, Chiang Mai, Tak, Nan, Phayao, Phitsanulok, Phetchabun, Phrae, Mae Hong Son, Lampang, Sukhothai, Uttaradit
Northeast Region: Khon Kaen, Chaiyaphum, Nakhon Phanom, Bueng Kan, Loei, Sakon Nakhon, Nong Khai, Nong Bua Lam Phu, Udon Thani
East Region: Chanthaburi, Trat, Nakhon Nayok, Prachinburi
Central Region: Kanchanaburi, Phra Nakhon Si Ayutthaya, Phetchaburi, Ratchaburi
Southern Region: Krabi, Chumphon, Trang, Nakhon Si Thammarat, Narathiwat, Prachuap Khiri Khan, Pattani, Phang Nga, Phatthalung, Phuket, Yala, Ranong, Songkhla, Satun, Surat Thani
Group 2: Flood coverage is 10% of Sum Insured, maximum coverage of 200,000 THB/Year
North Region: Nakhon Sawan
Northeast Region: Kalasin, Buriram
East Region: Pathum Thani
Central Region: Chai Nat, Nakhon Pathom, Lopburi, Singburi
Group 3: Flood coverage is 10% of Sum Insured, maximum coverage of 300,000 THB/Year
North Region: Kamphaeng Phet, Phichit, Lamphun, Uthai Thani
Northeast Region: Nakhon Ratchasima, Maha Sarakham, Mukdahan, Yasothon, Roi Et, Si Sa Ket, Surin, Amnat Charoen, Ubon Ratchathani
East Region: Chachoengsao, Chonburi, Rayong, Samut Prakan, Samut Songkhram, Samut Sakhon, Sa Kaeo
Central Region: Bangkok, Nonthaburi, Saraburi, Suphan Buri, Ang Thong
FAQs
What is Ban TIP Yim Dai Insurance? How is it different from Fire Insurance?
Ban TIP Yim Dai Home Insurance is a comprehensive coverage product from Dhipaya Insurance, offering protection not only against fire but also various natural disasters. It covers both the house structure and its contents, ensuring peace of mind even during stormy seasons.
The difference between Home Insurance and Fire Insurance is that Home Insurance offers broader protection. It covers risks such as fire, lightning, explosion, floods, storms, earthquakes, landslides, theft, and liability for damages to neighboring properties. In contrast, Fire Insurance primarily covers damage from fire, lightning, and explosions to the building structure and is a mandatory insurance by law for homes with a mortgage (under the Fire Victim Protection Act). Fire Insurance provides limited coverage with lower sums insured.
For those looking for complete home protection, Rabbit Care recommends Ban TIP Yim Dai Insurance from Dhipya Insurance. Click to apply now!
What coverage does Ban TIP Yim Dai Insurance provide for residential properties?
Ban TIP Yim Dai Insurance provides coverage for various risks, including:
Fire, lightning (including damage to electrical appliances from lightning), explosion, vehicle-related incidents, aircraft-related incidents, and water-related incident. with compensation based on actual damage, up to the maximum of sum insured.
Natural disasters like storms, flooding, hail, earthquakes, volcanic eruptions, underwater waves, and tsunamis, with a payout of 20,000 THB per year.
Temporary accommodation benefit up to 1,000 THB per day, for a maximum of 100 days.
Additionally, optional coverage can be added for:
- Storms, flooding, hail, earthquakes, volcanic eruptions, underwater waves, tsunamis.
- Strikes, riots, or malicious acts (excluding political, religious, or ideological actions).
- Electrical appliances damages (fire-causing appliances).
Does Ban TIP Yim Dai Insurance only cover the house itself?
Ban TIP Yim Dai Insurance not only covers the house itself but also extends coverage to other structures, such as garages, additional buildings near the house, servant quarters, kitchens, walls, fences, gates, and any renovations or extensions.
It also covers the contents inside the property, including furniture, decorations, household appliances, electrical equipment, musical instruments, audio equipment, kitchenware, clothing, and other belongings used by the policyholder and co-occupants.
With Dhipaya Insurance, you can be assured that your building and contents are well-protected. Apply now!
Are there any underwriting conditions of Ban TIP Yim Dai Insurace?
TIP Yim Dai Insurance underwriting conditions:
- The property must be at least 80% concrete (brick or masonry walls), with a minimum sum insured of 500,000 THB/year.
- Coverage applies to both the building and contents, with policy periods of 1, 2, or 3 years. Additional coverage cannot be added during the policy term.
- Only residential homes with no business activities are eligible.
- For any exclusions, coverage details, or further inquiries, please contact the insurance representative for the best benefits.
