Heungkuk Life Launches Two Online Insurance Products to Support Pink Spiders' Victory

[Asia Economy Reporter Ki Ha-young] Heungkuk Life Insurance announced on the 20th that it has launched new online channel products, (Non-)Heungkuk Life Pink Spiders Savings Insurance and (Non-)Heungkuk Life Hellini Protection Insurance, to support the Pink Spiders volleyball team’s championship in the 2020-2021 season.

The online savings insurance is a fixed interest rate type with principal guaranteed (after 1 month of subscription), offering an annual compound interest rate of 3.5%. The eligible subscription age is from 19 to 57 years old for men and from 19 to 60 years old for women. Monthly premiums range from 50,000 KRW to a maximum of 200,000 KRW (1-year maturity), and up to 10,000 people can subscribe.

The Hellini Protection Insurance is a short-term mini insurance that covers treatment for major injuries that may occur during sports activities. It covers surgeries for specific spinal injuries, fracture surgeries due to accidents, cruciate ligament surgeries, and emergency room visit benefits. The premium is a one-time payment of 9,900 KRW (1-year maturity), regardless of gender, and subscription is available for those aged 19 to 50.

Meanwhile, Heungkuk Life Insurance is also holding an event to commemorate the launch of the online savings insurance and to support the Pink Spiders volleyball team’s championship this season. Customers who subscribe to the online savings insurance and agree to marketing use will receive a 10,000 KRW department store gift certificate.

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