Amongst the Directors of WrLife are a number of Thai's who are also Directors of Assist International Services(AIS) in Bangkok. AIS handle all the Insurance claims for WrLife. AIS is owned by Dr.Boon Vanasin who is the Chairman/Owner of the Thonburi Hospital Group.
WrLife is not regulated in Europe or Thailand. Their General Insurance Licence is held in the Territory of St.Kitts & Nevis and ReInsurance Licence in UAE. WrLife policies are underwritten by AMS Underwriters at Lloyds of London.
My guess that the finance behind the operation is the Owner of Thonburi Hospital Group and that the offshore set up is to avoid tax & regulatory issues.
So far have not heard of any issues with unjustified non payment of claims.
Am not making any recommendations to buy or not just giving some facts
God sake I'm quite healthy. And my intention to have a claim some day is not very distinctive.
But I know from a friend with a hip replacement in Chiangmai RAM Hospital. It was fully paid.
The best is: go for a quotation, then ask for the papers and then decide.
This comes from an American I suppose. Obviously you like teachers with a gun, students killing other students, neighbour killing neighbour?
In addition your statement is wrong🙏