Mandatory Dangerous Dog Insurance from Today... "Fines up to 3 Million Won for Violations"
Mandatory Enrollment in Dangerous Dog Insurance Starting from the 12th
[Asia Economy Reporter Ki Ha-young] Starting today, owners of designated dangerous dogs who fail to subscribe to dangerous dog insurance will face fines of up to 3 million KRW.
According to the Ministry of Agriculture, Food and Rural Affairs on the 12th, the revised Enforcement Decree and Enforcement Rules of the Animal Protection Act will take effect today. Accordingly, owners of legally designated dangerous dogs who do not subscribe to liability insurance will be subject to penalties.
Dangerous dogs are defined as Dosa dogs, American Pit Bull Terriers, American Staffordshire Terriers, Staffordshire Bull Terriers, Rottweilers, and their mixed breeds.
Existing owners of dangerous dogs must subscribe to dangerous dog insurance by today to compensate for damages to others' life, body, or property caused by the dangerous dog. Violations will result in fines of up to 3 million KRW. The fine structure is 1 million KRW for the first violation, 2 million KRW for the second, and 3 million KRW for the third. New owners must subscribe to dangerous dog insurance from the day they acquire the dangerous dog.
Existing pet insurance policies include coverage for cases where a pet dog attacks and injures another person. However, most coverage amounts are set around 5 million KRW, and it is sometimes difficult to obtain insurance for large or dangerous dogs, highlighting limitations in compensating damages caused by dangerous dogs.
Dangerous dog insurance compensates up to 80 million KRW per person in cases of death or permanent disability, 15 million KRW per person for injuries, and at least 2 million KRW per incident for injuries caused to other animals.
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Following Hana Insurance's launch of a dangerous dog insurance product on the 25th of last month, NH Insurance and Samsung Fire & Marine Insurance launched products this month. The annual premium is about 15,000 KRW per dog. Other insurers are preparing to launch products by adding special clauses to pet insurance.
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