How can I find a more affordable health insurance policy in Thailand for my family?

@Brook *******

you sound like a fool!

@Jeremy *******

I use Allianz global and no claims my first two years. Price keeps going up every year even if no claims and I have the 2025 usd deductible. My only chronic disease is hypothyroidism and I pay for my meds so that no issues from it.

@Henry ********

Here’s what a bit of research can do for you…,

WR Life Health Insurance Research Notes

Identity and Location

• Full Legal Name: WRLIFE CLAIMS AND OPERATIONS MANAGEMENT LLP

• Company Type: Limited Liability Partnership (LLP)

• Incorporated On: 10 September 2015

• Registered Office Address (Base): 44 Broadway, Stratford, London, England, E15 1XH (UK)

• Status: Active

• Role in Thailand: Functions as an insurance broker/group, not a direct insurer. It uses Assist International Services (AIS) as a local contact point and claims management service in Bangkok, Thailand.

Ownership/Partners (Designated Members)

The company is an LLP, and the current active Designated Members are:

• Patrick Michel Lorentz: Country of Residence: Cambodia

• Ashish Sharma: Country of Residence: India

Note: Several Thai nationals, including those associated with Assist International Services, were previously LLP Members but have since resigned.

Business Model

• Model: Described as a “Participative International Medical Insurance” and “customer-owned, and ethical company.”

• Mechanism: Operates on a “participative community philosophy where members are co-owners with real shares.”

• Licensing: Holds one insurance license and one broker license (according to one source). Another source states it is a UK broker unlicensed in Thailand.

Negative Feedback and Claim Payout Concerns

• Allegations: Serious allegations exist, including that WRLife is “effectively a Ponzi scheme,” a “nothing shelf company in the UK with zero financial backing and no underwriter.”

• Claim Payouts:

◦ Positive Feedback: Some Trustpilot reviews praise quick claim processing and good service.

◦ Negative Feedback: Other reviews and forum discussions (e.g., AseanNow, Facebook groups) report “excuses for not paying claims in full,” “lack of communication,” and general warnings against the company.

◦ Regulatory Concern: The fact that it is a UK-registered LLP and a broker (not an insurer) in Thailand, with payments sometimes directed to a local service provider (AIS), raises questions about its regulatory oversight and financial backing for large claims.

◦ Financial Stability: The “participative” model and the lack of a clear, major underwriter are the core of the financial stability and claim payout concerns. The model is questioned as to what happens when a large number of claims are made.