Dongyang Life Insurance Donates 150 Million Won for COVID-19 Relief Fund

On the 10th, Dongyang Life announced that it donated 150 million won collected by the company and its employees to the Community Chest of Korea to prevent the spread of the novel coronavirus infection (COVID-19) and support the recovery of local community damages.

[Asia Economy Reporter Oh Hyung-gil] Dongyang Life Insurance announced on the 10th that the company and its employees have donated 150 million won collected together to the Community Chest of Korea to support the prevention of the spread of the novel coronavirus infection (COVID-19) and to help overcome damages in the local community.

The fundraising activity was carried out with the interest and support of China Pacific Insurance Group, the major shareholder of Dongyang Life Insurance.

Since the 2nd, Dongyang Life Insurance has been conducting disinfection work at all kindergartens under the Daegu Metropolitan Office of Education in cooperation with the Daegu Metropolitan Office of Education.

To minimize the economic burden on policyholders or their family members affected by COVID-19, the company has been supporting premium payment deferrals and insurance loan interest payment deferrals for six months starting from the 2nd. Additionally, it is participating in the "Good Landlord Movement" by reducing rent for its own office building.

A Dongyang Life Insurance official said, "Medical staff in severely affected areas by COVID-19 are facing many difficulties due to a shortage of medical supplies, so the company and its employees actively participated in the fundraising." He added, "The donations will be used to purchase relief supplies such as masks, protective suits, and medical equipment, as well as to improve the treatment of dispatched medical staff with accommodations, food, and daily necessities in severely affected areas such as Daegu and Gyeongbuk."

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