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Insurer Set to Ease Load of Coverage Payments for Thai Drivers.

Bangkok Post (Bangkok, Thailand)

| November 06, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Charoen Kittikanya

Nov. 6--Given the country's current economic constraints, a lump-sum payment means an undesirable financial burden for most Thai people.

So services that allow people to pay in installments, with or without interest, have sprung up recently in the financial market.

Among the new providers is Easy Insure Broker Co. Set up early this year with an investment of 10 million baht, the company allows first-class auto insurance buyers to pay in six installments with no interest.

Two installments are available for third-class insurance buyers.

Premium rates were not different from those offered by insurance ...

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Source: HighBeam Research, Insurer Set to Ease Load of Coverage Payments for Thai Drivers.