Thailand launches National Disaster Insurance on October 1, 2026

Thairath•Politics•1d ago

Reader Briefing

The Thai Cabinet has approved the National Disaster Insurance system to cover approximately 30 million households against floods, windstorms, and earthquakes starting October 1, 2026.

•The National Disaster Insurance system will provide coverage for floods, windstorms, and earthquakes.
•Coverage extends to approximately 30 million households from October 1, 2026, to October 1, 2027.
•Maximum coverage is 100,000 baht per household per peril, with 2,000,000 baht for death.
•The system aims to shift disaster management from post-event relief to proactive risk transfer.

Overview

•The Cabinet approved the establishment of the National Disaster Insurance system as proposed by the Ministry of Interior through the Department of Disaster Prevention and Mitigation.
•Ekkaphop Phianphiset stated the system shifts the government from a reactive stance to proactive risk management due to the increased frequency and severity of disasters.
•The system covers approximately 30 million households based on Department of Provincial Administration statistics as of September 10, 2026.
•Maximum coverage is 100,000 baht per household, consisting of initial compensation (10,000 baht for floods; 5,000 baht for windstorms/earthquakes) and additional amounts.
•Coverage includes 2,000,000 baht per person in the event of death resulting from the covered disasters.
•The coverage period is set from October 1, 2026, to October 1, 2027.
•The Office of Insurance Commission and the Thai General Insurance Association are tasked with procuring standard and reliable insurers.
•The Department of Disaster Prevention and Mitigation will act as the budget receiving and disbursing unit for insurers.

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Source: Thairath (Original)

Key Entities

Person

Ekkaphop Phianphiset(เอกภพ เพียรพิเศษ)

Spokesperson for the Prime Minister's Office.

Organization

Cabinet(คณะรัฐมนตรี)

The body that approved the National Disaster Insurance system and assigned the Budget Bureau for funding.

Ministry of Interior(กระทรวงมหาดไทย)ℹ️

The ministry that proposed the National Disaster Insurance system.

Department of Disaster Prevention and Mitigation(กรมป้องกันและบรรเทาสาธารณภัย)

The agency that proposed the system and will serve as the budget receiving and disbursing unit.

Bureau of Registration Administration, Department of Provincial Administration(สำนักบริหารการทะเบียน กรมการปกครอง)

The source of housing statistics used to determine the 30 million household coverage.

Budget Bureau(สำนักงบประมาณ)

The entity assigned by the Cabinet to allocate the budget for the insurance system.

Office of Insurance Commission(สำนักงานคณะกรรมการกำกับและส่งเสริมการประกอบธุรกิจประกันภัย)ℹ️

The office working with the Thai General Insurance Association to find qualified insurers.

Thai General Insurance Association(สมาคมประกันวินาศภัยไทย)

The association working with the Office of Insurance Commission to procure insurers.

Policy

National Disaster Insurance System(ระบบประกันภัยพิบัติแห่งชาติ)

A government system to transfer disaster risk and provide compensation for households affected by floods, windstorms, and earthquakes.