I do not really like to get up in peoples business, and will not here, but I have to note that there seems to be a piece of information missing that would allow us to understand this. Mainly because what has been posted does not fit with my understanding of how insurance works, and I have recent and ongoing experience in this area.. As someone who has lived (and worked) here for nearly 25 years, I am always learning something new. I will not at this point, for example, go on a long rant about the fucking arcane Thai inheritance laws.
If Armstrong does not want to provide the missing piece of the puzzle, that is his right, and I will simply shrug and leave it as another piece of Thailand that I do not understand, because at the end of the day - not my problem.