Hanwha Life Insurance, Comprehensive Living Insurance Covering Clothes Dryer Repair Costs

Hanwha General Insurance announced on the 7th that it will revise and sell the lifestyle-oriented product "Safe Together Comprehensive Living Insurance 2002," which covers repair costs for home appliances and injury accidents.

[Asia Economy Reporter Oh Hyung-gil] Hanwha General Insurance announced on the 7th that it will revise and sell the lifestyle-oriented product "Safe Together Comprehensive Living Insurance 2002," which covers repair costs for home appliances and injury accidents.

This product, which provides basic coverage for fire injury sequelae, guarantees temporary housing expenses for up to 90 days without any exemption period, with a maximum of 100,000 KRW per day, in case of damage caused by fire, collapse, subsidence, or landslide. The compensation limit for leakage damage in water supply and drainage facilities has also been set at 5 million KRW, the highest in the industry.

Additionally, the coverage for repair costs of home appliances has been expanded to 12 items, including dishwashers, clothes dryers, and garment care devices.

Injury accident coverage has been strengthened with benefits for surgery costs related to traumatic cerebral hemorrhage, cruciate ligament surgery, meniscus surgery, spinal injury surgery, and new cast treatment, providing fracture diagnosis fees up to 5 million KRW by grade. In the driver protection section, the maximum limit for personal injury criminal settlement actual expenses has been expanded to 100 million KRW.

For the first time in the industry, an outdoor activity coverage rider has been newly established to pay diagnostic fees once a year in case of poisoning damage caused by contact with toxic insects or animals.

The eligible age for subscription ranges from 0 to 80 years old, and a short-term payment option has been introduced to allow customers to set the payment period according to their needs.

Ahn Kwang-jin, head of the long-term insurance team at Hanwha General Insurance, explained, "With a single policy, you can protect your and your family's assets from various risks and accidents in daily life, including fire, costs, damages, injuries, liability, and drivers," adding, "This comprehensive insurance strengthens lifestyle-oriented coverage to protect families from everyday life risks and property."

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