The Aspen Tree teams up with Muang Thai Life Assurance to offer ‘Elite Health’ programme
The Aspen Tree, a residential community with lifetime care by Magnolia Quality Development Corporation Limited (MQDC), has joined forces with Muang Thai Life Assurance to offer “Elite Health” coverage for serious illnesses, common and infectious diseases, and accidents, the company said in a press release.
Residents will be able to enjoy instant coverage of up to Bt20 million per year after signing the contract during construction of the project, rising to Bt40 million/year once the project is completed and leasehold transferred. Coverage lasts up to 99 years of age to ensure “quality living at Thailand’s first holistic lifetime care and full-service community for older adults”, the statement said.
MQDC chief executice Visit Malaisirirat said The Aspen Tree is the country’s first and Asean’s “finest healthy living community with holistic lifetime care”. It’s a community for residents with long-term plans to ensure a healthy, fulfilling life ahead, complete with residences, facilities and service for residents 50 years and over, he said, adding that the project is part of The Forestias, a forested neighbourhood spanning 398 rai in Bang Na.
The Aspen Tree offers a full spectrum of services and preventive care combined with a health & wellness programme suitable for older adults that help promote physical, mental and brain health, the company said.
“In keeping with the focus on elderly, The Aspen Tree has collaborated with its world-class partner Baycrest Global Solutions, a global leader in residential living, healthcare, research, innovation and education, that has cared for older adults in Toronto, Canada, for over 100 years. Certified healthcare specialists ensure a high standard of care and services for older adults,” it said.
“Security is another key focus of The Aspen Tree. A high-tech security system covers all areas of the project to assure residents of their safety. The car-free community also dedicates 60 per cent of its common areas to beautiful green spaces. Residents can safely enjoy these lush gardens in a walkable district that reduces the risk of car accidents,” the statement said, adding that under The Aspen Tree’s “Ageing-in-Place” concept, residents can freely and safely enjoy their homes and surroundings, connected with nature and the community and with access to comprehensive healthcare.
“The Aspen Tree started construction in January 2020 and is set to be completed in the third quarter of 2023. The project focuses on lifetime care for residents to live happily and free from worry. To achieve this goal, The Aspen Tree is extremely proud to partner with Muang Thai Life Assurance as a leading Thai life and health insurance company,” Malaisirirat said.
Muang Thai President and CEO Sara Lamsam said the company is “delighted to partner with the project to deliver a unique experience for The Aspen Tree customers, with the Elite Health insurance plan offering superior coverage guaranteed by the Product of the Year Awards 2020”.
“It provides coverage for critical illnesses, general diseases and epidemics including accidents. It covers OPD benefits, including cancer treatment, MRI or CT scans. It also provides coverage for hospitalisation in an ICU room for up to 365 days according to the actual amount, and the coverage area is only in Thailand,” Sara said.
Apart from receiving the Elite Health insurance plan, The Aspen Tree customers are also entitled to “MTL Smile Service, Beyond Normal Coverage”, services that are designed to meet the needs of all lifestyles through service innovation and technologies including the MTL Click Application and MTL Health Buddy, the press statement said. Customers can also apply for Muang Thai Smile Club membership to receive privileges and participate in exclusive activities and campaigns, it added.
