More than 2,000 locals queue up to claim Covid-19 insurance after companies go broke

More than 2,000 Thais queued up at Suan Lum Night Bazaar Ratchdapisek in Bangkok to claim money from their Covid-19 insurance. Thais use the phrase “Found-Paid-Done” for the collection of insurance monies owed to them. The office of the Thai Insurance Commission is adjacent to the Suan Lum Night Bazaar. Some people had slept in front of the building for a day, in order to be at the front of the queue.

The “found-paid-done” Covid-19 insurance was very popular among Thai people as it was offered at an affordable price starting from 500 baht. Almost every insurance company offered the insurance at the beginning of the pandemic when the disease wasn’t spread as quickly as it did in the middle of last year and in the recent Omicron surge.

After the number of infections increased, many insurance companies were unable to cover the rising number of cases and hospitalisations….