DB Insurance Revises 'Chamjoheun Motorcycle Driver Insurance'... "Coverage for Electric Kickboard Accidents"

Coverage for All PMs Including Electric Kickboards
Accident Protection with Monthly Premiums Under 10,000 KRW

[Asia Economy Reporter Ki Ha-young] DB Insurance announced on the 10th that it has launched five new coverages through the 'Chamjoheun Motorcycle Driver Insurance' that can guarantee the risk of injury while driving personal mobility devices, represented by electric kickboards.

The newly developed coverages are structured to provide protection for death caused by traffic accidents while driving personal mobility devices such as electric kickboards, as well as sequelae with a disability payment rate of 80% or higher, fracture surgery expenses, injury treatment expenses, and daily hospitalization allowance during hospitalization. People who use personal mobility devices such as electric kickboards without driving motorcycles can subscribe to insurance through a dedicated plan, and coverage is available not only when personally owned and used but also when used through sharing services.

Coverage related to bicycles has also been added to comprehensively cover last-mile transportation means. Among the existing coverages related to motorcycle drivers, cost coverages such as traffic accident settlement support funds that guarantee criminal settlement money in case of traffic accidents and attorney appointment fees that cover the cost of hiring a lawyer have been strengthened.

This product is available for subscription from ages 18 to 70 and operates with 3, 5, 10, 15, and 20-year fixed terms or 3 and 7-year renewal cycles, allowing customers to choose according to their preference. However, for personal mobility devices such as electric kickboards, it is operated with a maximum 10-year term regardless of the total insurance period. This is a measure considering the actual usage years of electric kickboards and similar devices.

A DB Insurance official said, "'Chamjoheun Motorcycle Driver Insurance' was developed to provide coverage areas that customers need," adding, "When subscribed together with 'Chamjoheun Driver Insurance,' it will be possible to provide comprehensive coverage for personal transportation means."

Meanwhile, DB Insurance was the first in the industry to launch motorcycle driver insurance in 2017 and remains the only company currently selling the product.

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