All Daejeon Citizens Automatically Enrolled in 'Bicycle Insurance'

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The city of Daejeon has enrolled all Daejeon citizens in bicycle insurance.

The city announced on the 27th that it has subscribed to DB Insurance Co., Ltd.'s bicycle insurance, providing insurance services for one year from the 28th of this month to May 27th of next year.

The insurance automatically covers all Daejeon citizens without any separate enrollment procedure, and the city bears the full cost of the premium.

Daejeon citizens who qualify as insured persons can receive insurance benefits for personal accidents occurring while using a bicycle anywhere nationwide, as well as for pedestrian accidents caused by another person's bicycle.

The coverage items include ▲death from bicycle accidents ▲permanent disability from bicycle accidents ▲bicycle injury diagnosis consolation money ▲fines from bicycle accidents ▲attorney fees for bicycle accident cases ▲and bicycle traffic accident handling support funds.

The compensation amounts according to coverage items are up to 17 million KRW for death and permanent disability from bicycle accidents; consolation money for diagnosis is paid once, ranging from 100,000 KRW for 4 weeks (28 days) or more to 500,000 KRW for 8 weeks or more. Additionally, if the diagnosed person is hospitalized for 6 days or more among those diagnosed for 4 weeks or more, an extra 200,000 KRW can be received.

Also, fines for bicycle accidents are up to 20 million KRW per accident, attorney fees are covered up to 2 million KRW, and bicycle traffic accident handling support funds are capped at 30 million KRW per person.

For more detailed information about the bicycle insurance, please refer to the city website (City News) or contact the Construction and Road Division at City Hall.

Kang Gyu-chang, Director of the Transportation and Construction Bureau, said, “Enrolling in bicycle insurance is a safety measure to alleviate concerns about possible accidents when using bicycles and to reduce worries about accident risks,” adding, “The city expects that subscribing to bicycle insurance will serve as an opportunity to increase citizen participation in cycling.”

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