NH Nonghyup Insurance Launches 'Non-Dividend Two-Pass Ultra-Simple Health Insurance'

Patients with chronic diseases and elderly can enroll by notifying only two items

[Asia Economy Reporter Ki Ha-young] NH Nonghyup Property & Casualty Insurance announced on the 5th that it has launched the 'Non-Dividend Two-Pass Ultra-Simple Health Insurance,' which allows people with pre-existing conditions and the elderly to enroll by disclosing only two items.

The Non-Dividend Two-Pass Ultra-Simple Health Insurance has a shortened disclosure period of up to one year, making it easier for elderly individuals or those with pre-existing conditions to enroll. The disclosure items are limited to ▲ whether there has been any doctor's opinion regarding hospitalization, surgery, or additional tests within the past three months, and ▲ whether there has been hospitalization or surgery due to illness or injury within the past year.

In particular, the product introduces a premium waiver system, allowing policyholders to receive premium payment exemptions upon diagnosis of cancer (excluding carcinoma in situ), cerebral hemorrhage, or acute myocardial infarction.

This product is a comprehensive health insurance plan that covers not only the three major diseases?cancer, brain diseases, and heart diseases?but also various coverages such as injury, illness hospitalization, and surgery. It provides coverage up to 20 million KRW for cancer and acute myocardial infarction diagnoses, and strengthens coverage for brain-related diseases, offering up to 45 million KRW for cerebral hemorrhage diagnosis.

The Non-Dividend Two-Pass Ultra-Simple Health Insurance is available for individuals aged 20 to 80 and operates as a renewable plan with terms of 10, 15, 20, or 30 years, extending coverage up to age 100. Consultations and enrollment are available nationwide through Nonghyup agricultural cooperatives and NH Nonghyup Property & Casualty Insurance agents.

This content was produced with the assistance of AI translation services.