Muan-gun, Bicycle Insurance Enrollment for All Residents

Up to 20 Million KRW Coverage for Disability from Injury for One Year

Muan County has enrolled all its residents in bicycle insurance. (Photo by Muan County)

[Asia Economy Honam Reporting Headquarters, Reporter Oh Hwanju] Muan-gun, Jeollanam-do (Governor Kim San) announced on the 22nd that it has enrolled all residents in bicycle insurance so that they can ride bicycles with peace of mind.

The coverage period is one year from the 22nd to March 21 of next year, and all residents registered in Muan-gun are automatically enrolled without any separate procedures.

Coverage benefits are available for bicycle accidents regardless of the accident location, and residents who are not riding a bicycle can also claim insurance if an accident occurs due to a bicycle in operation.

The coverage details include 200,000 to 600,000 KRW for diagnoses of 4 to 8 weeks or more after an accident, consolation money of 200,000 KRW for those diagnosed for more than 4 weeks and hospitalized for 6 days or more, up to 20 million KRW for permanent disability ranging from 3% to 100%, 20 million KRW in case of death (excluding those under 15 years old), up to 20 million KRW for fines incurred when causing injury or death to others (excluding those under 14 years old), up to 30 million KRW when criminal prosecution and settlement are required after causing injury or death to others (excluding those under 14 years old), and up to 2 million KRW for attorney fees (excluding those under 14 years old).

Additionally, overlapping coverage with personal indemnity insurance is possible, and claims can be made within 3 years from the date of occurrence if the accident happened during the coverage period.

For more details regarding bicycle insurance, inquiries can be made to the Muan-gun Office Regional Development Division or the NongHyup Insurance Counseling Center.

Governor Kim San said, “We have enrolled all residents in bicycle insurance to ensure smooth compensation in case of bicycle-related accidents,” and added, “We will continue to do our best to create an environment where residents can ride bicycles with peace of mind.”

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