The Thailand Office of Insurance Commission’s Registrar issued an order relaxing motor insurance policy conditions for insureds in areas designated as public disaster zones due to storms, allowing insurers to defer collecting and receiving premiums for up to 180 days. The relief applies to motor insurance contracts entered into between 20 July 2025 and 31 December 2025. The measure covers all motor insurance types except private passenger cars in groups 1 and 2 under the motor insurance premium tariff. Where a premium deferral is granted, the insurer must issue a prescribed policy endorsement setting the payment deadline (no later than 180 days from the policy effective date or start of coverage). If an accident occurs during the deferral period, the insurer remains liable under the policy but the insured must pay the premium immediately, and non-payment by the deadline results in the policy terminating when the deadline expires, with the endorsement prevailing over conflicting policy terms.
Thailand Office of Insurance Commission 2025-08-14
Thailand Office of Insurance Commission permits 180-day deferral of motor insurance premiums for policyholders in storm disaster areas
The Thailand Office of Insurance Commission has relaxed motor insurance conditions in disaster zones due to storms, allowing premium deferrals for up to 180 days for contracts between 20 July 2025 and 31 December 2025. This applies to all motor insurance types except private passenger cars in groups 1 and 2. Insurers must issue a policy endorsement setting the payment deadline, and coverage remains active during the deferral period, but non-payment by the deadline results in policy termination.