Seodaemun-gu Resident Safety Insurance Covers Up to 16 Items, the Most Among Seoul Autonomous Districts

▲Gas Accidents ▲Drowning ▲Youth Abduction ▲Additional Coverage for Recognition of Medical Casualties

[Asia Economy Reporter Jongil Park] Seodaemun-gu (Mayor Moon Seok-jin) has expanded the coverage of the 'Resident Safety Insurance,' which aims to alleviate the physical and economic difficulties of residents who suffer unexpected accidents, from the previous 11 items to 16 items?the largest number among Seoul's autonomous districts.

The insurance period is from April 26, 2020, to April 25, 2021, marking the second consecutive year following the previous one-year period.

The previous coverage included ▲death caused by natural disasters such as heatstroke and sunstroke ▲death and permanent disability caused by 'explosion, fire, collapse, landslide,' 'use of public transportation,' 'hit-and-run/uninsured vehicles,' and 'robbery' ▲legal fees for medical malpractice lawsuits ▲treatment costs for injuries from traffic accidents in school zones.

Newly added coverages include ▲death and permanent disability caused by gas accidents ▲drowning ▲kidnapping and abduction of youth ▲recognition as a meritorious person in medical service.

The coverage amounts are 12 million KRW for death due to natural disasters, 11 million KRW for death caused by explosion, fire, collapse, or landslide, and up to 10 million KRW for injuries from traffic accidents in school zones.

All residents registered in the district (including registered foreigners) are automatically enrolled as insured persons without any separate subscription procedures, and insurance benefits can be received for accidents covered under the policy occurring anywhere within Korea.

Additionally, insurance claims can be made for accidents occurring during the insurance period for up to three years from the date of occurrence, and duplicate compensation is possible even if the individual has other insurance policies.

Moon Seok-jin, Mayor of Seodaemun-gu, stated, “We promoted the Resident Safety Insurance subscription to help residents and their families overcome natural disasters and accidents,” adding, “Since prevention is the most important aspect of disaster management, we will strive even harder to create a safer community.”

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