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Thailand backs disaster cover for 30m households

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Thailand's Cabinet has approved in principle a national disaster insurance system intended to cover around 30 million households against floods, windstorms and earthquakes.

The decision was made at the Cabinet meeting on 1 September 2026 and announced the following day by government spokesperson Ratchada Thanadirek. The government will support insurance premiums under a shift away from post-disaster relief towards cover arranged before a disaster occurs.

The proposed scheme would provide household protection for the three specified hazards, with payments structured differently according to the type of event.

How the proposed payouts work

For flooding, the first payment would be 10,000 baht per incident per household.

For windstorms or earthquakes, households would receive an initial 5,000 baht per incident within 15 days. Further payment would then be based on the actual damage, with total compensation capped at 100,000 baht per incident per household.

A death benefit of 2 million baht per person would apply where a death results from one of the disasters covered by the scheme.

The Cabinet said the approach should allow affected people to receive protection and compensation more quickly, while enabling the state to manage disaster risks and budgets more systematically.

What remains to be decided

The Department of Disaster Prevention and Mitigation and the Office of Insurance Commission have been instructed to develop the national disaster insurance system as quickly as possible.

Other agencies have also been told to provide necessary information and examine whether existing regulations and laws should be repealed, amended or adjusted. The aim is to avoid overlap with current disaster-relief and compensation measures.

The announcement does not say when cover will begin, how households will be enrolled, or whether any claims conditions will apply. It also gives no detail on how the programme will interact with existing home insurance policies.

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3 September 2026


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