Good question:ceejay wrote:A question for Dodger. You have put this money aside, but what arrangements do you have in place to make it accessible if you are too incapacitated to do so? That's a question worth considering, because some of the most likely situations where you will need large sums (stroke, heart attack, serious road accident for example) are also likely to leave you too incapacitated to go to the bank.
Most hospitals (including Queen Sirikit) have easy access to ATM's and accept credit cards as well. Many patients at the government hospitals are pay-as-you-go so I'm sure accommodations are made when a patient is incapacitated. I don't imagine they'd roll the hospital bed out the door and toss me to the curb. At least I hope they wouldn't.
Gaybutton and fountainhall:
Thank you both for your perspectives and advice.
Everything you both said makes good sense - especially picking up a policy with a high deductible /low premium. But finding one in Thailand at a reasonable cost at age 67 is a challenge. I believe you guys secured your policies before age 65 which is a good thing I don't have HIV or for that fact any preexisting conditions and I'm in pretty good shape physically. If either of you could recommend a policy for a 67 year old with a reasonable premium (high deductible) please let me know. What scares me is that they can hike up the prices as you get older or just flat out cancel your policy at the drop of a dime. That's a real ball buster.
Any additional feedback greatly appreciated.