The Phuket News Premier League predictions The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
The Phuket News Thailand News
The Phuket News Phuket | Thailand | World | Business | Q&A | Weird World XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

Songkran insurance policies to be priced at B222

NATIONWIDE: Eighteen non-life insurance companies will offer a cheap accident insurance products priced at B222 baht during this year’s Songkran festival.

transport, accidents, culture, death, health,


Bangkok Post

Friday 24 March 2017, 11:49AM


In 2016, around 104,000 policies of the low-cost insurance product were taken out with a combined premium of B9.23mn. Photo: Bangkok Post file
In 2016, around 104,000 policies of the low-cost insurance product were taken out with a combined premium of B9.23mn. Photo: Bangkok Post file

The insurance policy will provide compensation claims up to B100,000 in case of death, permanent disability, and loss of body parts, Secretary-General of the Office of Insurance Commission Suthipol Taweechaikarn said.

The insurance company will also pay B5,000 for each funeral arrangement.

Interested persons aged 20-60 can take out up to two policies from March 15 to April 30 and will be eligible to claim both policies in the event of accidents, he said, adding that the insurance is a one-year policy.

The 18 insurance firms include Bangkok Insurance, Krungthai Panich Insurance, Mittare Insurance, Muang Thai Insurance, Dhipaya Insurance, Viriyah Insurance and Syn Mun Kong Insurance.

Those who took out similar policies last year claimed a mere B2.09 million or 22.6% of the insurance product’s total premium, Mr Suthipol said.

In 2016, around 104,000 policies of the low-cost insurance product were taken out with a combined premium of B9.23mn.

The death toll from road accidents during Songkran is always high every year.

Road accidents during Songkran 2016 claimed 442 lives over seven days, 78 more than the previous year, with drink-driving being the number one cause of crashes.

Mr Suthipol said the insurance policy adheres to the previous law that will not provide accidental coverage to drivers who have a blood-alcohol level of more than 150mg.

According to the newer law, drivers with a blood-alcohol level of more than 150mg are restricted from claiming insurance coverage in the instance of road accidents.

Read original story here.

 

 

The Phuket News
The Phuket News
Comment on this story
* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.
Comments Here:
Username:
Password:
E-mail:
Security:
    Forget your password?

jogi | 25 March 2017 - 11:16:16

great, police and drivers don't have to worry so much about road accident's during songkran, there are insurance for the 7 days of danger, get your kid's or anybody disposable of your family during songkran in or on motorvehicle's and hope for the best. B100'000 for every dead to the family's. offer the police a fair share of the insurance-money and they won't spoil it  by enforce traffic-law's during songkran. but there is a big problem, by 150 mg blood alcohol no insurance-money. you have to put your loved one's on yaabaa or at least sleeping pill's

The Phuket News
Matches 1 result(s)
The Phuket News
The Phuket News
The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments


Phuket Opinion: As good as it gets

You do not have to re-register your address if it hasn't changed. Have done three annual extensions with the same Notification of address. Have be...(Read More)


Father, two kids saved from drowning in Phuket

Kurt,not only "Asian tourists"ignore red flags.And how can beach guards stop them?Getting physical?...(Read More)


Phuket Opinion: As good as it gets

While tourists languish in arrivals halls here's what Immigration deems is important for its staff to be doing; As a resident foreigner with a va...(Read More)


Phuket Opinion: As good as it gets

The writer will surely wear the wrath, of those two bedmates, jor12 and eagle, even though what he says is 100% correct....(Read More)


Phuket Opinion: As good as it gets

I successfully applied online for my 90 day report on the 2nd August and got the status as Pending. My only other successful 90 day online applicatio...(Read More)


Phuket Opinion: As good as it gets

They'll never learn because they place so much importance on "face" that it holds them back, the fact that the Tsunami warning sign said...(Read More)


Phuket Opinion: As good as it gets

I like this "Immigration's inability to cope with tourists arriving in the country and all people need to know about how the nation operates&...(Read More)


Phuket Opinion: As good as it gets

Just do away with these 90-days reports and send the guys wasting time with that to help at the airport....(Read More)


Phuket Opinion: As good as it gets

35 million arrivals - not tourists in the Kingdom. Big difference....(Read More)


Father, two kids saved from drowning in Phuket

Meant to add: Irresponible Parents also endangering the lives of their OWN CHILDREN !...(Read More)

The Phuket News
Bangkok Hospital Phuket
PHUKET NEWS
Phuket
Thailand
World
Business
Q A
Weird World
ARCHIVE
POLL
CURRENCY
WEATHER
PHUKET TIDE TABLE
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
Photo Galleries
COLOURING BOOK
The Phuket News PHUKET SPORT
Phuket
Thailand
World
SURF REPORT
PREDICTIONS
The Phuket News PHUKET CLASSIFIEDS
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
SEARCH CLASSIFIEDS
POST CLASSIFIED
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
POST EVENT
The Phuket News PHUKET DIRECTORY
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
POST LISTING
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Subscribe
Advertise with us
Pay for advert
Contact us
CONTESTS
Content Google Map
Site map
Australian Visa Services
 
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2017 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.