Orange Life Launches 'Junior Cube Comprehensive Health and Accident Insurance' Covering Children's Entire Life Cycle

Customized Lifetime Coverage for Children with 20 Non-Renewable Riders Without Premium Increase

[Asia Economy Reporter Ki Ha-young] Orange Life announced on the 1st that it has launched the 'Orange Junior Cube Comprehensive Health and Injury Insurance (Non-dividend, Non-surrender Refund Type)' which provides customized coverage for a child's entire lifetime with 20 types of non-renewable riders without premium increases.

This product offers coverage from infancy to 100 years of age, allowing customers to customize the coverage focus according to their preferences.

The product is structured with accident disability coverage as the main contract and includes customized riders that cover various diseases that may occur from infancy through growth stages. If diagnosed with a herniated disc and surgery is performed for direct treatment, it covers 3 million KRW per surgery, and for surgery related to computer overuse diseases, it covers 300,000 KRW per surgery (when subscribed to the herniated disc and computer overuse disease surgery riders).

Additionally, subscribing to the skin disease surgery rider provides 300,000 KRW per skin disease surgery, and the fracture cast treatment rider pays from accident fracture diagnosis benefits to cast treatment benefits. There are also riders that cover hospitalization for diabetes, otitis media, lung diseases, respiratory diseases, appendicitis, burns, and major specific infectious diseases (intestinal, tuberculosis, viral infections) as defined in the policy terms.

Even after becoming an adult, customers can select necessary coverage from 20 types of non-renewable riders and 2 types of renewable riders that provide coverage up to 100 years of age. All riders except the junior specific disease hospitalization rider can be designed to provide coverage until 100 years of age. It covers diagnoses of general cancer, high-cost cancer, gender-specific cancers, and minor cancers, as well as cerebral hemorrhage, cerebrovascular diseases, acute myocardial infarction, and ischemic heart disease. There are also various hospitalization-related riders such as intensive care unit hospitalization rider, emergency room visit rider, junior specific disease hospitalization rider, and first-day hospitalization coverage rider (renewable) to prepare for different situations.

If joining with family members, customers can enjoy the Cube Customer Love Family Discount benefit. If a family member is a policyholder or insured person of the 'Orange Cube Comprehensive Health and Injury Insurance' contract maintained with the company, after applying for the premium discount, paying the 2nd to 60th premiums (including rider premiums) will grant a 5% monthly discount.

Choosing the Type 1 (Value Type) 'Non-surrender Refund Type' means there is no surrender refund during the premium payment period, but the same coverage can be received with lower premiums compared to Type 2 (Standard Type). After completing the payment, the surrender refunds for Type 1 and Type 2 are the same. The eligible age for subscription is from 0 years old up to a maximum of 14 years old, and the insurance period can be selected between maturity at age 30 or age 100.

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