Carrot Sonbo Launches Accident Insurance Covering 20 Leisure Activities Including Golf and Hiking

Carrot Insurance launched the 'SmartON Leisure Accident Insurance' on the 29th, a single insurance policy that covers various leisure activities such as golf, hiking, cycling, and swimming.

[Asia Economy Reporter Oh Hyung-gil] Carrot General Insurance launched the 'SmartON Leisure Accident Insurance' on the 29th, which covers various leisure activities such as golf, hiking, cycling, and swimming with a single insurance policy. It is the first 'transforming insurance' in Korea.

This insurance applies the concept of a switch that is turned on only when needed, allowing the insured to select one of over 20 leisure activities such as golf, hiking, cycling, fishing, and swimming each time the switch is turned on.

For example, if you play golf today, hike tomorrow, and ride a bicycle the day after, you turn on the switch each time to subscribe to insurance for the new activity.

Based on a one-day designated activity, differentiated premiums are calculated: 2,990 KRW for golf, 1,062 KRW for hiking, 984 KRW for fishing, and 798 KRW for cycling.

In case of accidental death or permanent disability caused by leisure activities, up to 100 million KRW is paid, and a diagnosis of fracture entitles the insured to a 100,000 KRW diagnosis benefit. When golf is selected, an additional hole-in-one congratulatory payment of 1 million KRW and golf liability coverage of 10 million KRW are provided as standard.

If the insured drives themselves to leisure activities, a one-day driver insurance costing around 400 KRW per day can also be added.

A Carrot General Insurance official said, "This new concept product allows the most immediate and reasonable insurance subscription by paying premiums only for the risk of the required activity when needed," adding, "We expect it to become an essential insurance for customers planning various leisure activities."

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