MTL observes need for longer-term protection

Thailand's demographic transition requires policymakers, healthcare providers and insurers to focus on the interconnected pillars of life span, health span and wealth span, says Mr Sara.

Medical inflation and inadequate retirement savings are reshaping how insurers design lifetime health protection as Thailand becomes a "super-aged" society, says Muang Thai Life Assurance (MTL).

MTL chief executive Sara Lamsam said Thailand must ensure longer lives are matched by better health and stronger financial security if it is to "successfully navigate an ageing society".