WRLife medical insurance - experiences?

[jerrymahoney]

11 minutes ago, Etaoin Shrdlu said:

WRLife knows this. 

 

This is something that the policyholders and prospective policyholders should also know in order to be able to make an informed decision about selecting WRLife's insurance offerings.

Thank you. You should let them know what they should do.

[Etaoin Shrdlu]

52 minutes ago, jerrymahoney said:

 

 

But would be satisfied if a large travel medical insurer said this:

Insurance Underwriter: Certain Underwriters at Lloyd’s, London, rated “A” (Excellent) by AM Best.

 

-- with no indication as who who is the underwriter or where domiciled?
 

 

 

Lloyds is domiciled in London and subject to regulatory oversight there, so domicile, financial status and jurisdiction are answered by this statement. The policy would likely state the Lloyds company or syndicate(s) actually providing cover, so this would satisfy knowing the insurer specifically. I suspect that the broker would also advise the identity of the insurer if asked before the policy was issued. So, yes, this would be satisfactory for me.

[bradiston]

30 minutes ago, bt2017 said:

Information re: WRlife can be obtiained from the UK Govt. Companies register which shows they're a Limited Liability Partnership - I have followed this company on & off it was registered in 2015 when it had minimal assets of around 6000GBP. I've never found anyone who's had a successful claim or otherwise with this co. I did speak to AA Insurance and also a broker in CM about them earlier this year both said they were an option but had no further info about them. I believe they have an agent in Samui but not spoken to them. It all seems a little secretive. 

 

There have been a few who have said their claims were successful, here, and elsewhere. And AA in Pattaya seem confident in Wrlife. Not a lot to make an informed decision, but you have to go with your own assessment. This might involve cost, alternatives, can you trust anybody anywhere in any case, agent's opinion, opinions here, bar talk, live chat, Siri, Google, trustpilot, scamadvisor, you name it. Eventually it's your sleepless nights that are the issue. 10k THB pm to get some bxxxxx rest. Ok, I'm in. Nothing's guaranteed in this life, except death and tax. Is Wrlife ant less likely to pay out than the competition? No idea. But at least I can afford to find out.

 

[scorecard]

On 8/7/2022 at 11:43 AM, scubascuba3 said:

Attractive because they are cheaper, that's it, that's all you'll hear. Find out who underwrites them and what regs they follow, then you have something to go on

Do they cover oldies (78)?

 

Will they provide just bed and board cover?

 

Will they provide inpatients only cover?

 

Can you please share some basic details of premiums or perhaps a website address?

 

Thanks. DO they

[Etaoin Shrdlu]

44 minutes ago, jerrymahoney said:

 

 

You are getting rather tedious with your they need to do this and they need to do that.

Nobody really needs to do anything and I suppose I should shut up. I'm getting kind of tired of it, too, so I will stop commenting on this topic. Please be assured that I did not intend to upset or aggravate you or anyone else.

 

 

[bradiston]

Just now, scorecard said:

Do they cover oldies (78)?

 

Will they provide just bed and board cover?

 

Will they provide inpatients only cover?

 

Can you please share some basic details of premiums or perhaps a website address?

 

Thanks. DO they

https://www.wrlife.net/

[jerrymahoney]

32 minutes ago, Etaoin Shrdlu said:

The policy would likely state the Lloyds company or syndicate(s) actually providing cover, so this would satisfy knowing the insurer specifically

No. All they say is 'Certain underwriters at Lloyd's wi and they nowhere state the domicile of the underwriter who issues the policy. The AM Best 'A' rating is the underwriter - not Lloyd's

 

That was an actual policy not a hypothetical. And getting further to any discussion of Lloyd's is way above my pay-scale

Edited August 18, 2022 by jerrymahoney

[bradiston]

Just now, Etaoin Shrdlu said:

Nobody really needs to do anything and I suppose I should shut up. I'm getting kind of tired of it, too, so I will stop commenting on this topic. Please be assured that I did not intend to upset or aggravate you or anyone else.

 

 

Hey, you contributed a lot of good advice and comment. Don't feel bad! I think everyone would like a bit more transparency from them. Even my agent agreed. It was quite frustrating trying to tease out the information I had when I signed up, but in the end, it was just a put up or shut up to my brain. Too many questions! But I think maybe they're learning.

[scubascuba3]

1 hour ago, jerrymahoney said:

Thank you. You should let them know what they should do.

You'd think customers would want to know but according to this thread no

[Lorry]

1 hour ago, Etaoin Shrdlu said:

We haven't heard from anyone who has had a complaint about WRLife and we have heard of at least a couple of people getting claims paid, so that is certainly something to take comfort from.

Some complaints on a Vietnam forum

https://www.expat.com/forum/viewtopic.php?id=782846

 

https://www.expat.com/forum/viewtopic.php?id=782986

[jerrymahoney]

19 minutes ago, scubascuba3 said:

You'd think customers would want to know but according to this thread no

Not my problem.

[scubascuba3]

5 minutes ago, jerrymahoney said:

Not my problem.

If you say so, let's see how it pans out

[jerrymahoney]

7 minutes ago, scubascuba3 said:

If you say so, let's see how it pans out

Well for me -- not even  2 months into the WrLife policy after 15 years of no claims with CIGNA Global and BUPA Thai pre-Aetna which they knew from the policy application -- they paid for surgery that they will require +/- 7 years to break even from my premiums.

Edited August 18, 2022 by jerrymahoney

[DPKANKAN]

Try Thai Muang Insurance. My mates wife works for them. Got my Insurance at 64 years old. Includes health hospital cover, accident insurance and lump sum for the missus on death.

Been in hospital a cupla times and been excellent no problems.????????????????

[Chris.B]

On 8/10/2022 at 4:25 PM, bradiston said:

 and talked at length with Benny, a very nice man. 

Benny is a nice man.    

 

[Lorry]

On 8/17/2022 at 5:03 PM, brewsterbudgen said:

WRLife are certainly new in the Thai market, so it's not surprising they are relatively unknown.  

Thailand is their main market, they are a Thai company, directors all Thai (except Patrick Lorentz), associated with THG as others mentioned. 

[bradiston]

1 minute ago, Lorry said:

Thailand is their main market, they are a Thai company, directors all Thai (except Patrick Lorentz), associated with THG as others mentioned. 

There were a couple of links to a 2018 Vietnamese forum discussing Wrlife. So not that new.

[brewsterbudgen]

8 hours ago, Lorry said:

Thailand is their main market, they are a Thai company, directors all Thai (except Patrick Lorentz), associated with THG as others mentioned. 

They are certainly good (or, maybe active) at marketing, especially on Facebook.  

[jerrymahoney]

1 hour ago, brewsterbudgen said:

They are certainly good (or, maybe active) at marketing, especially on Facebook.  

The old saw quote in advertising is first attributed to 'pioneer' merchant John Wannamaker (1838-1922) who said: 

'Half the money I spend on advertising is wasted; the trouble is I don't know which half. '

 

WrLife has been running this advertorial link on ThaiVisa/AseanNow since October 2019:

Advertorial Ethical, Participative And Affordable Medical Insurance For Expatriates

Either they are getting good results and new policy holders from this paid ad or they are not as good marketers as Brewsterbudgen says above.

[brewsterbudgen]

6 hours ago, jerrymahoney said:

The old saw quote in advertising is first attributed to 'pioneer' merchant John Wannamaker (1838-1922) who said: 

'Half the money I spend on advertising is wasted; the trouble is I don't know which half. '

 

WrLife has been running this advertorial link on ThaiVisa/AseanNow since October 2019:

Advertorial Ethical, Participative And Affordable Medical Insurance For Expatriates

Either they are getting good results and new policy holders from this paid ad or they are not as good marketers as Brewsterbudgen says above.

Their Facebook activity is intense; not paid-for advertising (although they do that too) but prolific posting with many visible enquiries.  

[jerrymahoney]

19 minutes ago, brewsterbudgen said:

Their Facebook activity is intense; not paid-for advertising (although they do that too) but prolific posting with many visible enquiries.  

Well I do don't Facebook, but just from their AN/TV advertising I assume they have more policyholders than is indicated by the few who actually post on here.

[anchadian]

On 8/18/2022 at 12:43 AM, 24Catty said:

This thread is hilarious.

Nobody says the obvious:

The people at WR/AIS are well known in the industry. Some of their ventures flopped, some ventures prospered, some ventures fizzled out.

Whether this one will flop or prosper they certainly don't know themselves. 

As long as Dr Boon puts his name behind the whole thing,  you should be pretty safe. How long? God knows.

 

No secrets here.

https://www.thaipbsworld.com/thg-chairman-banned-from-holding-an-executive-post-for-42-months/

[bradiston]

On 8/18/2022 at 12:43 AM, 24Catty said:

This thread is hilarious.

Nobody says the obvious:

The people at WR/AIS are well known in the industry. Some of their ventures flopped, some ventures prospered, some ventures fizzled out.

Whether this one will flop or prosper they certainly don't know themselves. 

As long as Dr Boon puts his name behind the whole thing,  you should be pretty safe. How long? God knows.

 

No secrets here.

Not being part of the industry, except as a customer, I am not privy to these details. Who are "The people at WR/AIS"? Nobody seems to know. And by whom are they well known in the industry? And what other ventures have they been involved in? All sounds very murky.

[jerrymahoney]

Dr Boon at age 83 cannot be executive or serve on the board of an SET listed company namely Thonburi Health Group. That doesn't affect his ownership or being CEO any of privately held company.

 

His wife will take his spot on the board.

 

And while it may be easy to set up a UK company, for WrLife it has been there since 2015 so it has gone 7 years without Armageddon.

 

And if people want to come on here and say you didn't do your proper due diligence and bought a pig-in-a-poke, that can be their opinion. After 5 years with CIGNA Global - no claims, I looked at my other options and decided WrLife would best fit my needs.

 

If others don't want to buy into it, want to buy something else, or go the self-insured route, that is up to them.

Edited August 30, 2022 by jerrymahoney

[sabaijai]

On 8/13/2022 at 4:14 PM, BigStar said:

One of the advantages of foresight: get Thai SS health insurance. I'm done worrying about private insurance.????

How to do that?

[KannikaP]

On 8/30/2022 at 8:21 AM, jerrymahoney said:

After 5 years with CIGNA Global - no claims, I looked at my other options and decided WrLife would best fit my needs.

And do you expect to go a further 5 years with WrLife with no claims.

Yes, I know you claimed for an accident and they paid, but what about an illness?

[jerrymahoney]

8 minutes ago, KannikaP said:

And do you expect to go a further 5 years with WrLife with no claims.

Yes, I know you claimed for an accident and they paid, but what about an illness?

Who knows? But one of the reasons I signed with WrLife late last year was that I could do so with no pre-existing conditions... and a 5 year (actually 15 year including BUPA pre-Aetna) no claims record was good proof of that.

[BigStar]

20 hours ago, sabaijai said:

How to do that?

Be under sixty and work a year or two for a Thai company/institution in which you're enrolled in Thai SS. Upon leaving, retain the insurance and keep up the monthly payments, about B450 a month. Just got a free comprehensive eye exam from an ophthalmologist/retina specialist yesterday. All good!

[sabaijai]

On 9/6/2022 at 2:02 PM, BigStar said:

Be under sixty and work a year or two for a Thai company/institution in which you're enrolled in Thai SS. Upon leaving, retain the insurance and keep up the monthly payments, about B450 a month. Just got a free comprehensive eye exam from an ophthalmologist/retina specialist yesterday. All good!

Thanks 

[KannikaP]

On 8/15/2022 at 7:21 PM, jerrymahoney said:

And then you cancelled your WrLife policy per your August 8 posts.

And i have finally cancelled it again, for good this time due to non or unsatisfactory replies from Lorentz.