Seongbuk-gu Enrolls in Resident Safety Insurance Providing Up to 10 Million KRW Coverage

Effective from February 1... No separate registration required... All Seongbuk-gu residents eligible for benefits
... Claims must be filed within 3 years from the date of the incident

[Asia Economy Reporter Jongil Park] Seongbuk-gu (Mayor Lee Seung-ro) is operating the ‘Seongbuk-gu Residents Safety Insurance’ again this year, following last year.

The coverage limit is up to 10 million KRW.

The ‘Seongbuk-gu Residents Safety Insurance,’ implemented since last year, serves as a kind of safety net to help residents overcome difficulties such as death or permanent disability caused by various disaster accidents.

The detailed coverage items include ▲death and permanent disability from gas accidents ▲legal cost support for medical accidents ▲burn surgery expenses ▲death from water play accidents ▲support per person for youth abduction, kidnapping, and hostage situations ▲injury treatment expenses from school zone traffic accidents. The insurance payout for death and permanent disability is up to 10 million KRW, and in case of burn surgery, 1.4 million KRW is covered per surgery.

Separately, for ▲death and permanent disability caused by explosion, fire, collapse, landslide ▲death and permanent disability while using public transportation ▲death and permanent disability from robbery injury ▲death from natural disasters, insurance payouts can be received through Seoul City’s ‘Seoul Citizens Safety Insurance.’

This year’s ‘Seongbuk-gu Residents Safety Insurance’ is operated by analyzing past performance to preserve the original purpose and intent of the insurance, while excluding overlapping coverage items with the ‘Seoul Citizens Safety Insurance.’

Enrollment in the insurance is automatic for any resident registered in Seongbuk-gu without a separate application. To claim insurance benefits, one must submit a claim form and related supporting documents to the insurance company when a claim event occurs.

Coverage can overlap with personal indemnity insurance, and claims can be made within three years from the date of the accident.

Lee Seung-ro, Mayor of Seongbuk-gu, stated, “This year, we have implemented the ‘Seongbuk-gu Residents Safety Insurance’ to establish a practical institutional safety net for residents. Although the scope of beneficiaries is currently limited due to lack of awareness about the program, we hope it will be widely known and utilized as a ‘filial insurance’ supporting residents’ life stability.”

For more detailed information about the ‘Seongbuk-gu Residents Safety Insurance,’ inquiries can be made through the call center or the Urban Safety Division of Seongbuk-gu Office.

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