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62 10110 02229293846 023591258 62 The Stock Exchange of Thailand Bldg., Rachadapisek Rd. Klongtoey Bangkok 10110 Tel. (66) 2229 293846 Fax. (66) 2359 1258 Invars 193 / 2011 13 October 2011 Subject
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lt-increase cap grand refers to the maximum amount by which a long-term care insurance premium can increase over a specified period of time.
Insurance companies offering long-term care insurance policies are required to file lt-increase cap grand with the appropriate regulatory authorities.
Insurance companies must provide details on the current premium rate, the maximum allowable increase, and the justification for any proposed rate hikes when filling out lt-increase cap grand.
The purpose of lt-increase cap grand is to prevent insurance companies from imposing excessive premium increases on long-term care insurance policyholders.
Information such as current premium rates, proposed rate increases, and supporting documentation for the need for any premium hikes must be reported on lt-increase cap grand.
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