Gwangju Seo-gu "Small Business Owners, Enroll in Wind and Flood Disaster Insurance"

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Seo-gu, Gwangju Metropolitan City (Mayor Seo Daeseok) has launched a campaign to promote citizens' subscription to flood and windstorm insurance.

According to Seo-gu on the 3rd, flood and windstorm insurance is a policy insurance that compensates for property damage caused by natural disasters such as typhoons, heavy rain, heavy snow, and earthquakes.

A portion of the total insurance premium is supported by the government and local governments, making it possible to subscribe at an affordable premium, with differential support applied from a minimum of 52.5% to a maximum of 91% depending on the subscription target.

The subscription targets have been expanded from existing houses and greenhouses to include stores and factories operated by small business owners, allowing more citizens to benefit.

In particular, for stores and factories, 59% support is provided, which is expected to alleviate the economic burden of relatively small-scale small business owners.

Subscription to flood and windstorm insurance is possible through the websites of each insurance company. For more details, inquiries can be made to the National Disaster Safety Portal, the Seo-gu Office Safety General Division, or private insurance companies.

A Seo-gu official said, “Natural disasters mostly occur unexpectedly and have a high probability of causing widespread damage,” adding, “We hope many citizens subscribe to flood and windstorm insurance to help protect their property and families from natural disasters.”

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