Haven’t filed a COVID claim? These Thai insurers are offering refunds – this week only.

Two domestic insurance companies quitting the business after paying out too many policies are offering full refunds this week.

Tomorrow through Friday, Southeast Life Insurance and Thai Insurance customers can head online to scan QR codes from 9am to midnight at their respective websites in order to obtain a refund of the full amount of their premiums.

The decision came after both companies announced they would become the latest insurance firm to cease operations due to a staggering number of COVID-19 claims paid out.

Policies from either company will end on the refund application date – holders who don’t apply by Friday are S.O.L. 

Southeast Life Insurance reportedly paid out approximately THB10 billion (US$300 million) in compensation.

Both companies cited flawed forecasts that the pandemic would end more quickly as a part of their bankruptcy.

The two companies have also filed suit against Insurance Commission Sec-Gen Suttipol Taweechaikarn for forbidding insurance firms from canceling policies with a lump sum payment, a move which hit both companies big.

The companies join the already-shuttered The One and Asia Insurance companies, both of which went under due to corona claim losses.

Despite the COVID task force remaining confident that the worst has passed of the latest, Omicron-fed wave, hospitals continue to be strained. More than 84,000 patients are currently being treated at medical facilities. 

The rate of infection, as measured in confirmed daily cases, continues to hover above 8,000. Sixteen more deaths were reported today.

active” data-title=”Copy: Thai-COVID-cases”>

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

LEGO Botanicals Lucky Bamboo Building Set - Artificial Plant for Indoor Home Décor, Adults Ages 18+ - Fake Plant Decoration for Table, Desk, Office - Gift for Valentines Day - 10344

(110)

$28.99 (as of February 5, 2025 19:27 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

MARBERO Portable Power Station 88Wh Camping Lithium Battery Solar Generator Fast Charging with AC Outlet 120W Peak Power Bank(Solar Panel Optional) for Home Backup Outdoor Emergency RV Van Hunting

(6368)

$75.83 (as of February 5, 2025 19:31 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

Lipfidence Lip Lightening Cream for Dark Lips|Lip Lightener for Smokers and Non-Smokers | Help fade lip discoloration with Alpha Arbutin & Licorice Extract | Scented+Soothing Mint 10ml/0.33fl.oz

(1870)

$22.99 (as of February 4, 2025 20:03 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

All-new Ring Battery Doorbell, Head-to-Toe Video, Live View with Two-Way Talk, and Motion Detection & Alerts (2024 release), Satin Nickel

(5931)

$59.99 (as of February 4, 2025 20:03 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

Reusable Shopping Bags Foldable, Animal Reusable Grocery Bags Extra Large 50LBS Heavy Duty,Machine Washable Reusable Bags for Kitchen

(21)

(as of February 5, 2025 19:27 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)