NH Nonghyup Bank Launches Bank Industry's First Non-Face-to-Face 'NH Driver Accident Insurance' with NH Nonghyup Insurance

Customer-Centered Untact Products, Subscription Available Using NH Points

On the 7th, Son Byunghwan, the bank president, is directly subscribing to NH Driver's Accident Insurance through smart banking at the NH Nonghyup Bank headquarters in Jung-gu, Seoul.

[Asia Economy Reporter Kangwook Cho] NH Nonghyup Bank announced on the 7th that it has launched the first-ever smart banking exclusive product in the banking sector, 'NH Driver Accident Insurance,' tailored for the untact financial era.

NH Driver Accident Insurance offers coverage for subscribers' traffic accident injuries following the strengthened penalties for accidents in school zones (children protection zones) as of March 25. It provides one-year coverage for necessary accident handling costs in the event of a traffic accident, including ▲fine costs (30 million KRW) ▲traffic accident handling support fund (30 million KRW) ▲attorney fees (5 million KRW) for an insurance premium of about 20,000 KRW.

To enhance customer convenience, the eligible subscription age has been expanded to 19 to 75 years old, and customers can easily subscribe via QR code and pay premiums using NH Points.

NH Nonghyup Bank, which opened the first insurance platform in the banking sector utilizing big data on December 19 last year, currently offers a total of 29 digital insurance products, including 5 types of savings (variable) insurance, 6 types of pension insurance, and 18 types of protection insurance. The company explained that this meets diverse customer needs and makes insurance more accessible to customers who find it difficult.

President Byunghwan Sohn said, "We will continue to provide convenient and beneficial products that meet the diverse needs of customers in line with the untact financial era."

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