Samsung Fire & Marine Insurance, Easy Enrollment for Elevator Accident Liability Insurance with Unique Number

[Asia Economy Reporter Oh Hyung-gil] Samsung Fire & Marine Insurance announced on the 24th that customers can easily subscribe to Elevator Accident Liability Insurance by simply entering the unique elevator identification number of the building.

Elevator Accident Liability Insurance, which became mandatory in September last year, covers liability for damages caused by accidental incidents related to elevators owned, used, or managed by the insured. Those required to subscribe must renew their insurance before the policy period ends, and failure to subscribe may result in a fine of up to 5 million KRW.

The elevators subject to subscription include elevators, escalators, and wheelchair lifts. Although automobile elevators were previously covered under Parking Lot Liability Insurance, they are now required to subscribe to Elevator Accident Liability Insurance.

Samsung Fire & Marine Insurance has introduced a system where entering just the unique 7-digit elevator identification number automatically reflects the location and elevator details. The unique elevator identification number can be found by searching the address on Elevator Civil Complaints 24 or the National Elevator Information Center.

Additionally, when subscribing to Samsung Fire & Marine Insurance's Elevator Accident Liability Insurance, there is no need to report the subscription details separately, as the relevant elevator data is automatically sent daily to the Korea Elevator Safety Agency.

A Samsung Fire & Marine Insurance official stated, "We have improved the system so that customers who must subscribe to mandatory insurance annually can do so easily," adding, "We will continue to strive to provide convenient services to our customers."

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