Government Plans Disaster Insurance Coverage for 20 Million Households

According to a report by Prachachat Business, Deputy Prime Minister Pakorn Nilprapan is preparing to present a new disaster insurance proposal at the upcoming mobile cabinet meeting in Songkhla. The initiative aims to provide government-funded insurance coverage against three specific natural disasters: floods, windstorms, and earthquakes.

The plan targets 20 million households located in high-risk areas across Thailand. The primary objective of this policy is to reduce the long-term fiscal burden on the state by streamlining the relief process and ensuring faster compensation for affected citizens. If approved, the government anticipates the program could be implemented by October 1, coinciding with the peak of the annual flood season.

For residents and travelers, this proposal represents a significant shift in how the Thai government manages disaster recovery. While the scheme is intended to provide a safety net for vulnerable populations, it remains a proposal awaiting formal cabinet approval. Details regarding the specific criteria for 'high-risk' areas and the exact scope of coverage have not yet been finalized. Stakeholders are currently waiting for the outcome of the mobile cabinet meeting to confirm whether the plan will proceed as scheduled and how it will be integrated into existing disaster management frameworks.