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Thailand's Office of Insurance Commission Distributes Initial Disaster Compensation in Lamphun Province

Prachachat

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Key summary

On October 24, 2026, Ms. Wilairat Saengkaew, Deputy Secretary-General of the Office of the Insurance Commission (OIC), accompanied by Mr. Jesaeth Thai-seth, Deputy Minister of Interior, visited Lamphun Province to distribute initial disaster compensation under the National Disaster Insurance Policy. The visit followed severe flooding and windstorms on October 4-5, 2026, which damaged homes in 10 villages across two districts. At a ceremony at Ban Mai Si Bun Ruean Community Hall in Ban Hong District, OIC officials handed out an initial payout of 10,000 baht per household to 235 affected households in Tambon Pa Plu. The National Disaster Insurance Policy covers floods, windstorms, and earthquakes for approximately 30 million homes nationwide without requiring individual premiums or payments. While the initial payout is 10,000 baht per home, additional compensation up to a maximum of 100,000 baht per claim can be processed based on actual damage levels. The OIC coordinates with the Department of Disaster Prevention and Mitigation, local authorities, and the Thai Insurance Association to verify claims and ensure fair distribution.

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Prachachat

Read original ↗https://www.prachachat.net/finance/news-2085509

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