Insurance firms to compensate school bus blaze victims

[snoop1130]

 

Insurance companies, in collaboration with the Office of the Insurance Commission (OIC), are set to provide compensation to the families of the deceased and injured following the school bus blaze tragedy. Each person affected is entitled to an initial compensation of 660,000 baht (US$19,940).

 

The devastating incident, which occurred on October 1, claimed the lives of 23 students and teachers from Wat Khao Praya Sangkharam School in Uthai Thani. They were on an educational trip to Nonthaburi. Additionally, five individuals sustained injuries.

 

In a statement, the OIC confirmed it has examined the insurance details related to the incident and is ensuring fair compensation for the families affected.

 

The OIC’s investigation revealed that the bus had compulsory motor insurance with Viriyah Insurance. The policy, which began on April 30 and ends on June 30, 2025, covers death or permanent disability at 500,000 baht (US$15,105) per person. For injuries, the maximum medical expenses are capped at 80,000 baht (US$2,420) per person.

 

For loss of organs, the compensation ranges from 200,000 to 500,000 baht (US$6,040 to 15,105) per person. Permanent disability is compensated at 300,000 baht (US$9,060) per person, while inpatient treatment at a hospital attracts daily compensation of 200 baht (US$6) for up to 20 days.

The bus also had voluntary motor insurance, type 3, with Mittare Insurance Plc. This one-year policy, which started on June 30, provides coverage for third-party damage to life, body, or health up to 500,000 baht (US$15,105) per person, with a maximum of 10 million baht (US$302,040) per incident. Property liability is covered up to 600,000 baht (US$18,120) per incident.

 

Bus fire

 

Legal heirs of the deceased will receive compensation from the compulsory motor insurance, averaging no more than 10 million baht (US$302,040) per incident. The voluntary motor insurance, type 3, also offers an average payment of no more than 10 million baht (US$302,040).

 

Additionally, Wat Khao Praya Sangkharam School had group accident insurance with Viriyah Insurance. This one-year policy, which started on May 15, covers death at 80,000 baht (US$2,420) per person and medical expenses at 8,000 baht (US$240) per person per incident, said the OIC.

 

“Most of the deceased were from Uthai Thani, so the OIC office in Pathum Thani coordinated with the Uthai Thani office to facilitate insurance compensation. The office coordinated with the insurance company.”

 

For those injured and hospitalised, the OIC has contacted the insurance company to provide initial compensation for medical expenses under the compulsory motor insurance act, amounting to 30,000 baht (US$905) per person.

 

The OIC added that the commission is also liaising with the Thai Life Assurance Association and the Thai General Insurance Association to determine if the victims or deceased had any additional insurance coverage, reported Bangkok Post.

 

“If the passengers have other insurance, they will receive all rights according to the insurance contracts.”

 

By Bright Choomanee

Picture courtesy of Bangkok Post

 

Source: The Thaiger

-- 2024-10-04

 

 

[Artisi]

All sweet, pay-out and all's forgotten - in the eyes of the authorities only. 

[Gottfrid]

Even if a child can not be placed with a price tag, as the families lost a loved one. However, it was a quite big compensation this time, and that is the positive side.

[nakhonandy]

No amount of compensation will replace the dead.

However, for the first time I can recall the figures mentioned are at least not ridiculously low. 

[dinsdale]

5 hours ago, Gottfrid said:

Even if a child can not be placed with a price tag, as the families lost a loved one. However, it was a quite big compensation this time, and that is the positive side.

Let's make it more positive by the government matching it or even doubling it. Your comment is a platitude.

[Gottfrid]

3 minutes ago, dinsdale said:

Let's make it more positive by the government matching it or even doubling it. Your comment is a platitude.

Yeah, ask the families. They probably tell you it would have been better with nothing.

[CallumWK]

Reading in the OP the amounts insured with different companies, the 660.000 baht doesn't match up with those amounts by far.

Now let's wait for the next news update where it is confirmed they actually have paid, because insurance companies will find something that excuses them from paying.

[dinsdale]

3 minutes ago, Gottfrid said:

Yeah, ask the families. They probably tell you it would have been better with nothing.

Ridiculous and puerile comment. I'm saying the govt bears some responsibility as seems to be evidenced by a whistleblower's account of corruption within a government dept. Of course corruption within a govt department in Thailand is what's known as a truism. 

[hotchilli]

12 hours ago, Artisi said:

All sweet, pay-out and all's forgotten - in the eyes of the authorities only. 

Just as the government and Land Transport Department would like it.

Sweep this one under the carpet quickly, no more scrutinising the inspectors or department.

[Gottfrid]

Let´s take this from the beginning @dinsdale, as that was not at all what you posted. We will follow the conversation:

13 hours ago, Gottfrid said:

Even if a child can not be placed with a price tag, as the families lost a loved one. However, it was a quite big compensation this time, and that is the positive side.

Above, I started with pressing on that you can not put a price on a child, but that I considered, and was surprised, that the compensation was quite big this time. I saw that as something positive.
 

8 hours ago, dinsdale said:

Let's make it more positive by the government matching it or even doubling it. Your comment is a platitude.

Here, you are you are posting that my comment is a to used comment to be interesting as well as you mention that I didn´t put much thought into it, by using the word platitude. By doing that, you also give your first sentence a meaning of sarcastic attitude. Something that was not necessary at all, as I only mentioned that it was a positive that the compensation was of size this time. But as said above, I did say that no price could be placed on losing a child.
 

8 hours ago, Gottfrid said:

Yeah, ask the families. They probably tell you it would have been better with nothing.

Because of your sarcastic comment, and you way of presenting that I didn´t put any thinking into it as well as I did not make it interesting enough for you, I delivered a sarcastic comment back, but with a lot of pressure and truth.

7 hours ago, dinsdale said:

Ridiculous and puerile comment. I'm saying the govt bears some responsibility as seems to be evidenced by a whistleblower's account of corruption within a government dept. Of course corruption within a govt department in Thailand is what's known as a truism. 

As a reaction to that, you point out how ridiculous and puerile my last comment was. Sure, in a way you are right, but it only served as a reply to your sarcastic comment. So, let´s just say 1-1 in the pissing contest. After that you are lying! You are posting that you said something you have not even mentioned. Also irrelevant as a reply to my comment, as I never mentioned anything about it. As a last thing, of course there are corruption. We all know that. The question, though: What have all this to do with me posting that they for once at least tried to compensate with a fairly substantial amount?

[retarius]

I totally disagree with this. The buses were illegally modified in a way that will invalidate the insurance policy....like if you are caught drink driving. The bus company, its owner, vehicle inspector and all associated with this filthy practice should be summarily thrown in jail to wait for the trial for 23 murders. 

[jippytum]

5 minutes ago, retarius said:

I totally disagree with this. The buses were illegally modified in a way that will invalidate the insurance policy....like if you are caught drink driving. The bus company, its owner, vehicle inspector and all associated with this filthy practice should be summarily thrown in jail to wait for the trial for 23 murders. 

I agree the tragic number of fatalities was due to the illegal gas cylinders. If this makes thr insurance invalid the bus company is responsible to pay compensation. 

[ronster]

So if medical expenses are capped at 80000bht then who will pay the rest ?

Or are they planning on dumping the injured with a medical bill which they will deduct from insurance payout for injuries etc .

[brianthainess]

10 hours ago, CallumWK said:

Reading in the OP the amounts insured with different companies, the 660.000 baht doesn't match up with those amounts by far.

Now let's wait for the next news update where it is confirmed they actually have paid, because insurance companies will find something that excuses them from paying.

Well IMHO they should not have to pay out, as it was an illigal gas modification, they do deserve compensation but, the government should be paying, it was their inspectors who took bribes to pass the bus safe. 

[brianthainess]

1 hour ago, retarius said:

I totally disagree with this. The buses were illegally modified in a way that will invalidate the insurance policy....like if you are caught drink driving. The bus company, its owner, vehicle inspector and all associated with this filthy practice should be summarily thrown in jail to wait for the trial for 23 murders. 

I agree. 

[brianthainess]

11 hours ago, nakhonandy said:

No amount of compensation will replace the dead.

However, for the first time I can recall the figures mentioned are at least not ridiculously low. 

I would get nearly the same on my #3 car insurance, ...............

[Emdog]

One might think the insurance companies might exert influence to make transport safer in Thailand, due to own self interest in keeping payouts as low as possible: no bus fire, dead students: no payout to families.

Same self interest ought to apply to other areas: driver insurance, commercial & home insurance... not good business to ensure death traps and habitually drunk drivers....

[kiwikeith]

16 hours ago, Artisi said:

All sweet, pay-out and all's forgotten - in the eyes of the authorities only. 

I'm surprised that the insurance companies are going to pay considering that the bus wasn't legally fit for the road, however I am pleased that they are going to pay  .

It's small money for the loss off innocent children. 

[impulse]

At the very least, maybe this will push the insurance companies to do their own inspections to make sure the vehicles they're insuring aren't death traps. 

 

Even if the official inspectors are bent as a dog's hind leg.

 

[FritsSikkink]

11 hours ago, nakhonandy said:

No amount of compensation will replace the dead.

However, for the first time I can recall the figures mentioned are at least not ridiculously low. 

Absolutely right on the first one.

Second one, need to wait if they pay as the bus company breached the law by modifying the vehicle.

Personally, i would like to get it in coins and shove it in the behind of the company owner.

[SAFETY FIRST]

On 10/4/2024 at 4:40 PM, snoop1130 said:

Each person affected is entitled to an initial compensation of 660,000 baht (US$19,940).

I heard on the local radio station yesterday that the deadbeat fathers some who left the mother and child shortly after birth and have had no interaction are claiming insurance. 

 

[KannikaP]

On 10/5/2024 at 9:27 AM, brianthainess said:

the government should be paying, it was their inspectors who took bribes to pass the bus safe.

Or maybe the Inspectors should be contributing.

[MikeandDow]

29 minutes ago, SAFETY FIRST said:

I heard on the local radio station yesterday that the deadbeat fathers some who left the mother and child shortly after birth and have had no interaction are claiming insurance. 

 

It is normal in Thai culture for the mothers and fathers to leave kids with grand parents

how do you know the fathers are deadbeats ?? that is an assumption not a fact, how do you know the mothers and fathers have no interaction with there kids another  assumption not a fact learn how to post

[SAFETY FIRST]

10 minutes ago, MikeandDow said:

It is normal in Thai culture for the mothers and fathers to leave kids with grand parents

how do you know the fathers are deadbeats ?? that is an assumption not a fact, how do you know the mothers and fathers have no interaction with there kids another  assumption not a fact learn how to post

I never said mothers have no interaction it's the deadbeat fathers who disappear, never to be seen again.

It was reported on the radio. 

Read my comment. 

 

You need to learn 😡.

What you are saying is nonsense. 

 

 

[Captain Flack]

A couple of bickering posts have been removed, discuss the topic not each other.