MG Sonbo, Launches Driver Insurance with Monthly Premium of 2,900 Won
[Asia Economy Reporter Oh Hyung-gil] MG Insurance announced on the 3rd that it has launched the 'JOY Driver Insurance (29 Plan)' with a monthly premium of 2,900 KRW regardless of age or gender on its online channel 'JOY Direct.'
It currently offers the lowest premium among driver insurances on the online insurance supermarket Insurance Damoa. It covers 10 million KRW for traffic accident death insurance, 20 million KRW for fine expenses, 5 million KRW for automobile accident lawyer fees, and 30 million KRW for traffic accident support funds.
In particular, if no accidents occur after enrollment, an 8% discount on the monthly premium is applied annually, and customers can subscribe 24 hours a day without a digital certificate via PC, mobile, or a dedicated app.
MG Insurance also operates standard and strong plans for consumers who want more coverage, such as automobile accident injury compensation and fracture diagnosis fees.
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An MG Insurance official said, "This product, which guarantees drivers' administrative and criminal liabilities, is an essential product that every driver must have," adding, "We have newly developed practical and affordable products to lead the popularization of driver insurance."
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