The OIC will issue an order for insurers to cut COVID-19 premiums by 20%, while a few companies are now submitting to apply for COVID-19 allergy protection insurance. Prepare to consider fair conditions before the COVID vaccine enters Thailand.
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Mr. Suthipon Thaweechai, Secretary General of the Insurance Business Regulatory and Promotion Commission or OIC revealed that there are currently 2-3 insurance companies submitting matters to the OIC. To apply for a COVID vaccine allergy protection insurance The OIC will consider details of conditions for the insured to be fair. If the COVID-19 allergy insurance is added, considering that if there is a COVID-19 allergy insurance coverage, it would be more comprehensive. Because the insurance company had already insured for COVID-19 protection, which would cover only in case of COVID, pay the insurance premium Or death from COVID pay insurance premiums But does not cover allergy to the Covid Vaccine And not died COVID insurance is not covered. Which the OIC will consider early to catch up before the COVID-19 vaccine Will come to Thailand
In addition, there will be an order for insurance companies to reduce COVID-19 premiums by 20% because if looking at the insurance premiums purchased in a collapse compared to the insurance claims, there is a pretty difference. Allowable reduction As for any insurance company who wants to reduce the premium more than 20%, it can be suggested.
For COVID insurance, there are currently 9 million in total, most of them will expire their coverage in March. According to the data of the COVID insurance claim until the end of December In 2020, there are approximately 77-78 million baht and it is expected that in January. By 2021, the amount will rise to 90-100 million baht.
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