STG44 Posted December 3, 2020 Share Posted December 3, 2020 Hi people My first post Can somebody give me an idea of the maximum amount of time to payout on a life insurance policy to a thai wife, on the death of her thai husband? Cheers Link to comment Share on other sites More sharing options...
STG44 Posted December 3, 2020 Author Share Posted December 3, 2020 2 minutes ago, STG44 said: Hi people My first post Can somebody give me an idea of the maximum amount of time to payout on a life insurance policy to a thai wife, on the death of her thai husband? Cheers Better to have it and not need it than to need it and not have it Link to comment Share on other sites More sharing options...
racyrick Posted December 3, 2020 Share Posted December 3, 2020 3 hours ago, STG44 said: Hi people My first post Can somebody give me an idea of the maximum amount of time to payout on a life insurance policy to a thai wife, on the death of her thai husband? Cheers I heard it was rather quick, but not sure how long. I know this doesn't help, sorry. Link to comment Share on other sites More sharing options...
ubonjoe Posted December 3, 2020 Share Posted December 3, 2020 I would depend upon whether it was a policy from a insurance company here or back in a person's home country. Here probably quick. But from another country it might take a while. Link to comment Share on other sites More sharing options...
STG44 Posted December 3, 2020 Author Share Posted December 3, 2020 Thanks guys Link to comment Share on other sites More sharing options...
kingofthemountain Posted December 3, 2020 Share Posted December 3, 2020 10 minutes ago, STG44 said: Thanks guys You are welcome nice username by the way long time ago i have been the happy owner of one of these exceptional weapons. Link to comment Share on other sites More sharing options...
STG44 Posted December 4, 2020 Author Share Posted December 4, 2020 17 hours ago, kingofthemountain said: You are welcome nice username by the way long time ago i have been the happy owner of one of these exceptional weapons. Thanks I have only seen them in books, museums and YouTube (Forgotten Weapons) they changed the course of firearms history. 1000 of them even turned up in Syria a couple of years ago Take care ???? 1 Link to comment Share on other sites More sharing options...
kamalabob2 Posted December 4, 2020 Share Posted December 4, 2020 If the insurance company has all the supporting docs, payout should be within 2 weeks.All insurance companies pay bills twice a month.I have been an executor of an expat who died in Thailand. I am sure that all the wife needs to submit is the following: Marriage license copy. Wife ID card copy. Husband ID card or passport copy. Husband death certificate copy. Life insurance policy copy. 2 Link to comment Share on other sites More sharing options...
Farma Posted December 5, 2020 Share Posted December 5, 2020 I've been to funeral wakes where the insurance agent has made a big deal of handing over a large cardboard cheque to the family the same day the person died. 2 Link to comment Share on other sites More sharing options...
kamalabob2 Posted December 6, 2020 Share Posted December 6, 2020 That large cardboard "check" may not be valid tender, but it might be the "policy payout amount". Good marketing move for that agent, and I have seen that "present the cardboard check" in at least one Thai Funeral. Insurance companies in Thailand pay bills twice a month. Often a larger death benefit than $255 US social security death benefit for a Thai spouse who did not ever get in the US Social security system. I am not advocating buying life insurance in Thailand, but I have seen widows set up comfortably and all too often a widow left with a large home to keep up, nice truck and then cut off from expat funding. Link to comment Share on other sites More sharing options...
Neeranam Posted December 6, 2020 Share Posted December 6, 2020 12 hours ago, Farma said: I've been to funeral wakes where the insurance agent has made a big deal of handing over a large cardboard cheque to the family the same day the person died. Me too, it's disgusting. Link to comment Share on other sites More sharing options...
STG44 Posted December 7, 2020 Author Share Posted December 7, 2020 Thanks for your replies guys Link to comment Share on other sites More sharing options...
sirineou Posted December 10, 2020 Share Posted December 10, 2020 I guess it depends to the Insurance company When my Mother in law passed away, my wife got the pay out in the week. The other life insurance that was with the village, paid out 10% immediately to cover funeral expenses and the rest took about three months. That's how it was explained by my wife. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now