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Thailand Sets Life Insurance Coverage Goal.
Byline: Charoen Kittikanya
Aug. 1--The government's goal of having 30 percent of the population covered by life insurance by 2007 is attainable only if insurance companies and sales agents focus more on expanding coverage in the provincial areas, industry experts said at a seminar held on the first National Life Insurance Day yesterday.
"Currently, over 50 percent of the 9.5 million people, or 15 percent of Thai population, who have life insurance policies are in Bangkok," said Sutti Rajitrangson, the president of the Thai Life Assurance Association.
Bangkok's proportion needs to be reduced to 30-40 percent over the next four years, if the ...
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