Gochang-gun Encourages Enrollment in Wind and Flood Damage Insurance to Cover Typhoon and Heavy Rain Losses

[Asia Economy Honam Reporting Headquarters Reporter Kim Jaegil] Gochang-gun, Jeonbuk, has started encouraging residents to subscribe to ‘Fengshui Disaster Insurance’ to protect private property from various summer typhoons, floods, and heavy rains.

Fengshui Disaster Insurance is an advanced disaster management system in which the government or local authorities subsidize part of the insurance premium that the policyholder must pay, allowing them to cope with unexpected natural disasters such as typhoons, floods, heavy rains, tidal waves, strong winds, storms, and earthquakes at an affordable premium.

Applications for subscription are accepted year-round, and eligible applicants include houses, greenhouses (including vinyl houses), stores operated by small business owners, factories, and more.

Small business owners refer to businesses with five or fewer regular employees (ten or fewer for manufacturing, mining, construction, and transportation companies).

Gochang-gun has set up and is operating Fengshui Disaster Insurance subscription information desks at eup/myeon administrative welfare centers to promote insurance subscriptions this year.

Additionally, the county is actively promoting the Fengshui Disaster Insurance system through village chief meetings and resident briefings.

For other inquiries related to Fengshui Disaster Insurance, contact the Disaster Safety Division Recovery Support Team at Gochang-gun Office or each eup/myeon administrative welfare center.

A Gochang-gun official said, “Damage from typhoons and heavy rains caused by recent abnormal weather is continuously increasing. We will do our best to promote the system so that many residents can subscribe to Fengshui Disaster Insurance at a low cost to minimize damage burdens.”

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