Bang Khun Thian-Ban Phaeo crane collapses, preliminary survey: Muang Thai Insurance guarantees 22 million baht

The Office of Insurance Commission (OIC) visited the area to provide insurance assistance in the case of the collapse of the Bang Khun Thian-Ban Phaeo elevated road construction crane, and coordinated with the insurance company to urgently provide compensation for insurance damages to the victims.

From the case of the concrete beam (Segment) and crane (Launching Gantry Crane), which are parts and equipment used in the construction of the elevated road, the construction project of Special Highway No. 82, Bang Khun Thian-Ban Phaeo elevated road, Ekachai-Ban Phaeo section 1, Village No. 2, Khok Krabue Subdistrict, Mueang District, Samut Sakhon Province, which collapsed during construction, resulting in 6 deaths and 9 injuries on November 29, 2567.

The Office of the Insurance Commission (OIC) revealed that, following initial field visits by the Regional Insurance Promotion Division of OIC Region 7 (Nakhon Pathom) and the OIC Samut Sakhon Provincial Office (as the site of the incident), in collaboration with relevant agencies, they are urgently verifying insurance coverage and following up on damage reports through the electronic reporting platform for group or major accident cases. They are also conducting on-site visits to facilitate insurance claims for victims and their families, aiming to effectively and fairly utilize the insurance system to alleviate the suffering of the families of those who died and were injured.

An investigation into the damage to life, body, and property resulting from this accident revealed that the project manager responsible for the construction of Highway No. 82, Bang Khun Thian-Ban Phaeo Elevated Road, had insured the crane used for constructing the steel bridge structure with Muang Thai Insurance Public Company Limited. The coverage period is from January 23, 2567, to January 23, 2568, with a sum insured of 22,000,000 baht.

Furthermore, initial investigations revealed that one of the deceased had personal accident insurance with Bangkok Insurance Public Company Limited for 100,000 baht, and also a credit protection policy with Prudential Life Insurance (Thailand) Public Company Limited for 440,488 baht at the time of death/disability, as well as a supplementary accident insurance policy with a fixed coverage of 1,541,732 baht. The benefit payments are in accordance with the terms and conditions of the insurance policies. The primary beneficiary is the bank (as the creditor), and the secondary beneficiary is the wife. Information regarding the insurance policies of other victims is currently being verified.

For the follow-up of compensation payments for the deceased and injured, the Office of the Insurance Commission of Samut Sakhon Province has coordinated with the insurance companies involved in this accident to provide full insurance facilitation for the families of the deceased and injured.

In addition, the OIC is integrating its work with the Thai Life Assurance Association and the Thai General Insurance Association to further investigate whether the deceased and injured in this accident had other types of insurance.

If it is later discovered that the victim has purchased additional insurance of other types, they will receive additional compensation according to the insurance contract specified in all respects. If you would like to inquire for more information about insurance, you can call the OIC hotline at 1186.

Read news related to All insurance circles can be found here.