Meritz Financial Employees Voluntarily Donate Disaster Relief Funds for 'COVID-19'

[Asia Economy Reporter Park Jihwan] Meritz Financial Group has decided to implement a voluntary donation program involving all employees to overcome the economic crisis caused by the novel coronavirus infection (COVID-19) and to share the pain of local communities.

This donation aims to align with the government's emergency disaster relief fund policy, which seeks to support those struggling due to the prolonged COVID-19 pandemic and to assist the livelihoods of vulnerable groups.

About 2,700 employees from affiliated companies, including Meritz Financial Group, securities, fire insurance, capital, asset management, and alternative investment management, who earned more than 50 million KRW last year, will participate in the donation based on voluntary decision-making. After participating in the donation, the company will guarantee anonymity and provide the corresponding amount to employees in need of support.

Since the early stages of COVID-19, Meritz Financial Group has supported disaster area medical staff and marginalized groups with quarantine supplies and food by each affiliate. They have prioritized the review and prompt payment of long-term and automobile insurance claims from affected customers and allowed a six-month grace period for premium payments for confirmed customers, ensuring quick disbursement of insurance policy loans.

A Meritz Financial Group official emphasized, "This donation is voluntarily participated in according to the free personal will of employees," and added, "We hope that a culture of voluntary donation, led by social leaders and high-income groups, will spread widely."

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