The cabinet has approved in principle a National Disaster Insurance System starting in October, covering 30 million households against floods, windstorms and earthquakes. The state will budget about 15.5 billion baht a year for premiums. Initial payments are due within 15 days, with further compensation based on actual damage, capped at 100,000 baht per household per incident. Families of people killed in a covered disaster get 2 million baht. For a small business, this is household-level cover, not business interruption or property cover for the shop itself, so check whether your own insurance and staff/family situation overlap or leave gaps. Details are still being finalised by the Department of Disaster Prevention and Mitigation with the Office of Insurance Commission.