January 18, 2021
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Mitigate the new wave of COVID-19 impact, OIC board extends aid measures “Insured – Insurance Business” for another 6 months to the end of June 64
On January 18, 64, Dr. Suthipon Thaweechai, Secretary General of the Insurance Commission (OIC) said that from the new coronavirus situation, the Office of the OIC Has proposed to the OIC (Board) to extend the period of measures to help the insured people And measures to help and repair the insurance industry and related businesses From the original which ended at the end of December 2020, which the board approved to extend the measure until the end of June 2021.
Currently, it is in the process of allowing the Legal Subcommittee to consider details. And will be effective retrospectively from 1 Jan 2021 onwards
Important measures include
1. Extending the grace period Pay premiums directly from the insurance company. For health insurance policies From the original 60, which previously had a total of 420,000 policy users
2. Allow the insured to pay premiums in installments For any miscellaneous insurance policy Which previously had more than 1,100,000 policy users
3. Notification on temporary suspension of travel accident policy for tour businesses and tour guides Previously, there were 6,200 policy users.
4. Notification to stop using the car since 30 days, which previously had the right to use 2,000 policies
5. Relaxation for tourism operators and transport operators Pay the premium in installments. With a total of 26,000 policy users
6. Relaxation to pay car insurance on a daily basis. Has 5,500 policy users
7.Effortment to pay car insurance premiums monthly With 2,000 policy users
8. Relaxation to pay car insurance premiums quarterly. With 3,000 policy users
9.Entire payment of car insurance premiums for a long term (over 1 year), which previously used the right of 100 policies
10. Change miscellaneous insurance coverage With 250,000 policy users
11.Change car insurance coverage Has 5,200 policy users
12.Increase the car insurance coverage period without collecting premiums from 30-90 days with 1,000 policy users.
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