Yeongdeungpo-gu, Seoul's First Support for Injury Medical Expenses (Up to 2 Million KRW)
Seoul's First Autonomous District Introduces Injury Medical Expense Support... Nationwide Coverage for Disaster Safety Accidents... Injury Medical and Funeral Expenses Covered up to 2 Million KRW per Person Until September 30 Next Year
[Asia Economy Reporter Jong-il Park] Yeongdeungpo-gu (District Mayor Chae Hyun-il) has officially launched the Gu-min Life Safety Insurance from the 1st of this month to compensate residents for damages and stabilize their lives in case of various disasters and safety accidents.
Accordingly, residents of Yeongdeungpo-gu can receive compensation up to 2 million KRW per person for medical expenses due to injury or funeral expenses caused by disasters or safety accidents from October 1 of this year to September 30 of next year.
The scope of disasters and safety accidents applies to all regions nationwide.
Previously, Seoul City and some local governments have introduced and implemented safety insurance for residents, which mainly cover death and permanent disability. In contrast, Yeongdeungpo-gu’s Gu-min Life Safety Insurance provides coverage for actual medical expenses such as injury medical costs and funeral expenses. This is the first time among Seoul’s autonomous districts that such coverage has been offered.
The coverage targets all residents registered in Yeongdeungpo-gu, including registered foreigners, and does not require a separate insurance subscription process as enrollment is automatic through resident registration.
For more details, inquiries can be made to the Yeongdeungpo-gu Gu-min Life Safety Insurance Reception Center.
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Chae Hyun-il, Mayor of Yeongdeungpo-gu, stated, “In these difficult times due to COVID-19, we have introduced life safety insurance that covers injury medical expenses to prepare for unexpected disasters and safety accidents. We will strive to prioritize the health and safety of our residents and create a safe and open city, Yeongdeungpo.”
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