Quote:
Originally Posted by wantasian
... . I'd love to read about Thai culture, mentality, etc. about insurance.
... .
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-- Today,(
28th.), I chatted again with the lady about ins'ce. here in TH., (she has worked for both Siam Comm'l. Bk. and for NY. Life Ins'ce. - for the latter as a directrix.),.
-- Basically the older gener'n. of Thais, unless they're well enough educated and have money to spare, do
not believe in ins'ce.. '
Why spend money for something - such as illness - that might never happen?'.
- The middle gener'n. will insure if they have to: the banks mandate ins'ce. as a condition of obtaining loans: home, educ'n., car, or other forms of pers. tpt.
etc. etc..
- Many condo's., gated communities and suchlike either have blanket ins'ce. or else require members to take-out their own ins'ce..
- The younger gener'n. are MORE conscious of ins'ce., and are targeted by ins'ce. co's. to buy Life Ins'ce. as a basic minimum - '
Better to invest one's savings in one's own life ins'ce. than in a bank.',
is their theme.
-- I suspect that the good lady's obs'vns. apply to the class of people with whom she dealt: the better educated and more monied persons than the avg. and more workaday manual workers who make-up the bulk of BKK's. population.
-- E&OE., as mainly reported speech. --