Hanwha Life Insurance Obtains Exclusive Rights for 'Exercise-Based Health Insurance'

Hanwha Life announced on the 16th that it has obtained exclusive rights for six months to the "Integrated Activity Measurement Index by Health Activity Type" applied in the second-generation health promotion product "LIFEPLUS Exercise Health Insurance," which was launched earlier this month.

[Asia Economy Reporter Oh Hyung-gil] Hanwha Life announced on the 16th that it has obtained an exclusive 6-month license for the "Integrated Activity Measurement Index by Health Activity Type" applied to the second-generation health promotion product "Life Plus Exercise Health Insurance," launched earlier this month.

This insurance is the first in the industry to measure a total of five activities?walking, running, swimming, hiking, and cycling?using a smartwatch, and reflects various activity levels. If the daily average of 7,500 healthy steps is achieved, the insurance premium for the following month is discounted by up to 25% for a maximum of 60 times.

In particular, it was explained that the product received high marks in originality, advancement, and usefulness because it established an integrated management foundation for health management services through Hanwha Life's health management application (app) "Hello."

Last year, Hanwha Life was evaluated to have resolved insurance blind spots for military personnel by launching the industry's first "Life Plus We Will Protect You Peace of Mind Insurance," which developed and incorporated the risk rate of Complex Regional Pain Syndrome (CRPS), known as "military disease."

A Hanwha Life official said, "This exclusive license acquisition is a product that reflects customers' diverse health activity needs beyond existing health promotion products," adding, "We will continue to develop innovative products that reflect customer needs to secure future competitiveness in the healthcare market."

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