Hanwha Life Eliminates Coverage Limits for Recharge and Prosthetic Treatments in 'Smile Teeth Insurance'

[Asia Economy Reporter Oh Hyung-gil] Hanwha Life launched the 'Smile Tooth Insurance' on the 2nd, which removes the coverage limits for filling and prosthetic treatments.

Insurance payments are provided without annual limits on the number or frequency of filling treatments (including amalgam, glass ionomer, resin treatments, and other treatments) and prosthetic treatments (limited to implants and bridges).

In particular, when selecting the main contract type 1 (additional coverage for re-implanted implants), coverage for re-implanted implants on the corresponding tooth is available one year after implant treatment expenses occur. Re-implanted implant treatment is covered up to 500,000 KRW per implant, and payment is made only once for the same site.

Additionally, the product includes five special coverage options related to teeth and oral diseases: crown treatment coverage, specific implant alveolar bone graft treatment coverage, imaging and temporomandibular joint disorder coverage, oral cancer coverage, and minor dental treatment coverage.

The eligible age for enrollment is 15 to 70 years for type 1 additional coverage for re-implanted implants, and 0 to 70 years for type 2 general coverage. The insurance period is based on the main contract with a 5-year or 10-year term and is automatically renewed up to age 80.

For a 40-year-old enrolling in type 1 additional coverage for re-implanted implants with a main contract amount of 10 million KRW and a 5-year term, the premium is 14,600 KRW for men and 11,210 KRW for women. When subscribing to all five special coverage options (special contract amount of 10 million KRW), the premium is 22,310 KRW for men and 17,800 KRW for women at age 40.

Sung Yoon-ho, head of product development at Hanwha Life, said, "One in three people in the nation suffers from dental diseases, but many give up treatment due to expensive costs. This product was developed to address that." He added, "Compared to existing products, it offers wider coverage limits and adds new coverage with reasonable premiums, making it a competitive product."

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