Former staff of fallen COVID insurer rally to demand overdue payments

[snoop1130]

 

A group of former employees of the now-defunct “The One Insurance” company rallied in front of Thailand’s Office of the Insurance Commission (OIC) since this morning (Thursday) to demand their unpaid compensation.

 

Speaking on behalf of the laid-off workers, a labour activist said that about 300 former employees of the firm have not received any compensation almost two months after the closure of the company.

 

According to the law, the Non-Life Insurance Fund is technically obliged to pay laid-off workers overdue salaries, severance pay and other benefits, estimated at about 82 million baht plus 15% interest, within 30 days of the January 14th announcement that those laid off will get paid.

 

Full Story: https://www.thaipbsworld.com/former-staff-of-fallen-covid-insurer-rally-to-demand-overdue-payments/

 

-- © Copyright Thai PBS 2022-01-27

 

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[Thailand]

Apparently a few more to come that cannot meet their commitments.

[clivebaxter]

We had our car insured with them, we are meant to get a refund but not banking on it

[hotchilli]

12 hours ago, snoop1130 said:

According to the law, the Non-Life Insurance Fund is technically obliged to pay laid-off workers overdue salaries, severance pay and other benefits, estimated at about 82 million baht plus 15% interest, within 30 days of the January 14th announcement that those laid off will get paid.

Best of luck pursuing that.

[hotchilli]

12 hours ago, Thailand said:

Apparently a few more to come that cannot meet their commitments.

Happy to take the premiums.... 

[robblok]

3 minutes ago, hotchilli said:

Happy to take the premiums.... 

As long as money has not been drained in some illegal way then it seems they certainly did not WIN from it it. But that is up to auditors. 

[ChipButty]

12 hours ago, clivebaxter said:

We had our car insured with them, we are meant to get a refund but not banking on it

I know a guy who's insurance company went bust (not this one) he didnt even know about had been driving his car around uninsured, he obviously never got anything back not even a phone call or an email 

[Thailand]

Just switched companies for my car insurance yesterday after hearing, and just about confirmed, that my current one is about to go under.