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I read discussions at the Thaivisa forum that most of the local insurance policies give the companies the right to raise premium at ridiculous rates at renewal when they found out that you have a long term illness, like cancer. Would you know if this is true? Thanks.
I’ve seen people warn against that possibility (and point out that the plans they advocate don’t do it), but all policies I looked at when signing mine had a disclaimer that prices would not be raised on an individual basis. However, I do hear about friends who have their premiums increase (and then decrease when they renegotiate), which certainly sounds like that could be the case.
I recommend checking the fine print and ask your broker about it. Feel free to get in touch in case you’d like me to share the contact details of one.
Of course if you already have it at signing and didn’t mention it, they’ll probably just cancel your coverage entirely and potentially ask back for payments already made on your behalf.