Mirae Asset Life Launches Customized Protection Insurance Allowing Direct Design of Desired Coverage

Mirae Asset Life Insurance launched a customized insurance product called "The Insurance I Design" on the 6th, allowing customers to freely design coverage with their desired premiums.

[Asia Economy Reporter Oh Hyung-gil] Mirae Asset Life Insurance launched a customized insurance product called 'The Coverage Insurance I Design' on the 6th, allowing customers to freely design coverage with their desired premiums.

This 'DIY (Do It Yourself)' product enables subscribers to directly configure the price and coverage range by utilizing various riders. By combining the main contract with over 30 riders, major coverages such as cancer, surgery, hospitalization, and disease-related disabilities can be insured up to age 100 without premium increases.

The basic coverage includes accidental death protection, with added coverage for disease diagnosis, hospitalization, and surgery, allowing customers to select their preferred coverage and premium size. It also covers surgeries for diseases with high incidence rates among middle-aged and elderly populations, such as hepatitis, pneumonia, hypertension, diabetes, arthritis, and ophthalmic diseases. By subscribing to the three major geriatric lifestyle disease diagnosis riders, customers can prepare for diagnoses of diseases rapidly increasing among the elderly, such as shingles, gout, and specific glaucoma.

Additionally, by choosing the 'Disease Intensive Coverage Plan,' coverage is provided from diagnosis to surgery and hospitalization for the most common cancers, acute myocardial infarction, and brain diseases among Koreans. The 'Accident Intensive Coverage Plan' focuses on accidents in daily life, such as traffic accidents. The 'Well-Aging Plan' covers geriatric diseases frequently occurring in the elderly, such as hearing loss and artificial joints.

Through a simplified disclosure type, elderly or patients with pre-existing conditions can also subscribe, and by introducing a type without surrender value, the premium burden has been reduced.

Choosing the type without surrender value eliminates surrender value during the payment period, and premiums can be reduced by up to approximately 20% compared to the basic insurance premium depending on subscription conditions.

Oh Eun-sang, Head of Product Development at Mirae Asset Life Insurance, emphasized, "Coverage needed by individuals and families varies in each situation, and this customized product provides the best choice and optimal coverage for each subscriber."

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