BB did that to me at the branch my GF used. I said no. Tried another branch of BB and got an account without any mention of insurance. In a sense it’s a bribe because they get commission (I’m guessing).
Have you noticed the sidewalks, zebra crossings, driving etc here in Thailand? That pretty much sums up what kind of protection you can expect as a consumer. Probably should keep your shopping to the Central brand if you want to expect “quality” like back home.
The other option though not the correct way would be to check in when you get those reminders just to keep on schedule if you won’t be gone for long periods 🤷♂️