Etaoin Shrdlu

An applicant for insurance has a duty to disclose all material facts that would affect an insurer's decision to accept the applicant's risk, what terms and conditions to offer, and what premium to charge. This duty of disclosure isn't limited to what the applicant can remember or is aware of at the time of application. Many insurers will bow to convenience and accept whatever an applicant puts on the proposal form rather than requiring a detailed medical history from the applicant's medical providers. Then, when a large claim is presented, they conduct the type of underwriting exercise that should have been done at the proposal stage solely for the purpose of denying the claim. Most of us can't remember every detail contained in our medical records going back many years and indeed not all details may have been discussed with the medical professional at the time. We may also not always understand the full implications of our test results or other information contained in our records. This can easily lead to unintentional non-disclosure that may later jeopardize coverage. I would suggest that all applicants not only complete the proposal form, but also obtain and submit their medical records going back as far as possible at the time of application. This may be less convenient initially, but will probably significantly reduce the possibility that an insurer would decline a claim due to non-disclosure. With digitized medical records, this isn't difficult or time-consuming to do. Ask your insurance broker for their recommendations on how to avoid post-claim underwriting as well.

If you opened an account at Bangkok Bank for the purpose of receiving Social Security benefits transmitted via Bangkok Bank's branch in New York, your account will not be able to make transfers via the Bangkok Bank mobile app. You will have to go in person with your passport to a branch and physically withdraw your money. This is the default type of account Bangkok Bank opens if you tell them you are opening it to have Social Security benefits deposited. I was told that this restriction is due to an agreement between Bangkok Bank and the Social Security Administration. If you use Social Security's direct deposit feature, then you can have the funds sent directly to any Thai bank, including Bangkok Bank, and you will be able to transfer funds via mobile apps. You won't, however, be able to use the special Bangkok Bank account that was set up to receive the funds via Bangkok Bank's New York Branch. These accounts can't be converted into a regular account. I know because I attempted to do this a few years ago.

Why would it make you angry? Do you have a financial interest, other than as a policyholder, in WRLife? I would think you would want to get relevant financial, regulatory and licensing information directly from the entities that oversee such matters instead of from the company itself. Here's a link to the Nevis Financial Services Regulatory Commission's list of regulated entities: https://www.nevisfsrc.com/regulated-entities/#general-insurance-companies. Scroll down to the "Licensed International Insurance Entities" and expand the "General Insurance Companies" dropdown. There you'll find WRLife' listed. This is where they are licensed as an insurance company, not in the UK or Thailand or France. Here's a link to Companies House in the UK where WRLife is incorporated: https://find-and-update.company-information.service.gov.uk/company/OC401682/filing-history. Take a look at the statement of account as at 31 December 2022. You'll see specific mention of this company being incorporated under the small LLP regime. No mention if it being an insurer.

Give VISA a call and find out whether the dealer is allowed to do this under their agreement.

In my family's case, on one side the dream was to avoid conscription in the Prussian army. On the other, it was to avoid being murdered by the Nazis. Seems to have worked out well enough on both sides.

Have twice had HA injections administered by Dr. Panya at Bumrungrad after x-rays and consultation. Only one injection was administered each time. The first one lasted more than a year and fixed the issue of my kneecap "catching" and increased range of movement. The second one lasted about a year, but the symptoms and inflammation I had prior to these injections never returned to the level they were before. I am not sure whether the HA injections are responsible for the continuing reduction in symptoms and increase in movement of the knee, but I suspect they may be. It has been seven years since the second injection and my knee is much improved compared to where it was before the injections. Losing weight also helps a lot.

Even basic travel insurance policies often provide third party liability coverage. Third party liability insurance usually also covers defense costs. There are limitations with respect to liability arising out of the use of motor vehicles, but you weren't operating a motor vehicle so it is worth contacting your insurance company and asking for assistance. If you PM me with a copy of your travel policy, I can give you an idea as to whether the policy may respond.

I think the statute of limitations on FBAR non-filing is six years after the due date.

When you say "coming of (sic) motorbike taxi with shopping", do you mean you fell off a moving motorbike, or did you dismount intentionally after the motorbike taxi came to a stop. If the former, what caused you to fall off a moving motorbike taxi? If the latter, where did the motorbike taxi stop to let you get off? In the middle of the road? Next to the sidewalk? Why would a dropped bag be in the path of an oncoming motorbike? Who called the ambulance and why? Did the motorbike taxi stick around and did you get details of the bike and the driver? Lots of details missing.

I once obtained a new passport while outside Thailand. Upon returning, I submitted both my new passport and the old one with the valid non-quota immigrant visa and my residence book. I was stamped in without comment by the immigration officer. Shortly thereafter I obtained a new non-quota immigrant visa in the new passport along with a new endorsement in my residence book. I don't believe there is any need to transfer an existing non-quota immigrant visa into a new passport. Just carry both passports until you get a new non-quota immigrant visa in the new passport.

There's also form 8938 that needs to be filed with the 1040 tax form if one's non-US financial assets exceed certain limits. These limits are higher than the FBAR aggregate limit of USD10,000.

FBAR

It is true that the OIC here is quite consumer-friendly and it is easy to schedule a meeting to discuss a grievance. The downside is that insurers here may offer less broad coverage and have a poorer claims-paying attitude. Offshore insurers may or may not be well-regulated and the relevant regulator may or may not be easy to engage. Large, well-established insurers in the EU and other developed markets probably are. Those incorporated in tax havens in places like the Caribbean might not be.

Yeah, insurers are allowed to set their own underwriting guidelines and in many cases they use thresholds for certain conditions that are lower than those used to indicate clinical disease. Almost all 70+ have pre-existing conditions, even if they aren't always aware of them. It's how the body ages. Commercial insurance is a poor risk transfer mechanism for the over-60 set. The cost of covering everything regardless of whether pre-existing or not would put the premium out of reach for most people. Even the US, that bastion of capitalism, throws the oldies onto the back of the taxpayer via Medicare when they reach the end of their working life and start to have all the age-related conditions that commercial insurers exclude. There just isn't a good solution in the commercial insurance market.

Yes, depending upon the policy wording, an undetected condition that existed at the inception of the policy may be a pre-existing condition according to the definition of such in the policy and therefore excluded. It was still a condition that existed at inception even if no symptoms had yet manifested and the insured was unaware. Some insurers have more liberal definitions, some have more restrictive, and some impose waiting periods for certain conditions. It pays to read the policy and know how it defines pre-existing conditions. Again, if there really were no pre-existing condition then there would not be a basis to deny a claim.

Since gift taxes are levied on the recipient of the gift, not the giver, it would seem that any exemptions and special rates would apply to the recipient's tax liability, not the remitter. Since the giver is the remitter of the gift, then the new interpretation of the rules regarding remittances and the standard PIT deductions and rates would apply to the remitter, not the recipient. Recipient of gift: Subject to gift tax rules. Giver of gift: Subject to PIT and rules on remittances. Both the giver and recipient may be liable for taxes depending upon the various factors involved.

My Samsung S10 phone is on its third battery, both replacements were performed at a kiosk in a shopping mall, not by an authorized Samsung repair facility. No problems so far, except that even the original Samsung battery that came with the phone when new only lasted about two years before it expanded to the point of forcing the case apart. The first replacement did the same. I'm still on the second replacement.

Words can take on different meanings when used in a different context or combined with other words in a sentence. It is a semantics issue, not grammar.

I looked into this a couple of years ago and consulted an attorney in the US who specializes in international estate planning. She happens to be a relative as well. For assets in the US, it is really best to have a US will. For assets located in Thailand, she stated that a Thai will is best, but it is possible to put instructions for Thai assets in the US will should there be no Thai will in existence.

Without confirmation on this matter directly from April, If your policy is silent on this then you should assume that your coverage will lapse on the expiry date. You would then have to start over making a fresh declaration on order to get a new policy. If you have developed a medical condition during the period of the expiring policy or earlier iterations of it, then it will become a pre-existing condition and likely excluded from cover under the new policy.

L'Opera was excellent back in the day. I'll await reports of food and service quality before I give it a try again. Hope this isn't a repeat of what happened to a favorite German restaurant.

Should do like in Thailand: Reenactment by the accused with police and reporters present.

My understanding is that Thai banks request proof of an address in Thailand so that they may open a resident account for the applicant. No Thai address is required to open a non-resident account. If you provided a Thai address, then you most likely have a resident account and are protected.

Until the RD issues clarification to the contrary, yes, at least with respect to a personal income tax liability on Mr. U. However if the purpose of the gift was to evade personal income tax on Mr. U's part, then possibly all bets are off. Mr. T might be liable for gift tax if the amount were large enough.

I think that the purpose of the remittance is irrelevant with respect to the remitter's potential Thai personal income tax liability.