Hana Life Launches Cancer Insurance Allowing Direct Design of Desired Coverage

[Asia Economy Reporter Oh Hyung-gil] Hana Life announced that it will start selling the 'Cancer Insurance You Can Choose in Your Hand,' which allows customers to directly design their coverage by selecting only the necessary guarantees, through the Hana Bank mobile app starting from the 19th.

Customers can choose coverage for only the cancers they want among stomach cancer, colorectal cancer, lung cancer, liver cancer, bile duct and gallbladder cancer, pancreatic cancer, male-specific cancers, female-specific cancers, and minor cancers.

Except for minor cancers, a diagnosis payment of 10 million KRW will be provided if diagnosed with the selected cancer. Breast cancer and female reproductive cancers, as well as male reproductive cancers, which have a high incidence rate, are covered with the same amount as general cancers. Even if diagnosed with a cancer not selected (excluding minor cancers), all premiums are waived.

This non-renewable product with no premium increase is available for subscription from ages 20 to 60, with coverage periods of 10 or 20 years, and customers can choose between annual or lump-sum payments. For example, a 30-year-old male selecting stomach, lung, and liver cancers with a 20-year maturity and annual payment can receive 10 million KRW in cancer diagnosis coverage for 8,170 KRW per year.

Kim In-seok, CEO of Hana Life, explained, "This product is designed to prepare for cancer without burden," adding, "It is an excellent product not only for essential preparation of cancer diagnosis funds but also for strengthening coverage by selecting the necessary cancers according to individual lifestyles."

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