MG Sonbo, Launches 'Ijoa Children's Insurance' with Enhanced Safety Accident Coverage

MG Insurance announced that it will launch the 'Ijoa Children's Insurance' on the 1st of next month, which enhances coverage for children's injury accidents and support for the latest medical technologies.

[Asia Economy Reporter Oh Hyung-gil] MG Insurance announced that it will launch the 'Ijoa Children's Insurance,' which enhances coverage for children's injury accidents and supports the latest medical technologies, on the 1st of next month.

It is available for subscription from fetus to age 30 and provides customized coverage up to age 100.

Coverage for children's safety accidents has been expanded. It covers hospitalization and surgery costs for multiple injuries in children caused by various accidents that can occur in daily life, such as damage to specific body parts and ingestion of foreign objects, and also covers growth plate fracture diagnosis fees, which can be a significant risk for growing children.

The insurance also supports the latest medical technologies to ensure children receive timely treatment and examinations for high-risk diseases such as cancer. It provides support for essential tests and treatment costs for precise diagnosis, including anti-cancer proton radiation therapy, MRI examination support fees, and PET (Positron Emission Tomography) examination support fees.

It includes coverage specialized for infancy and early childhood risks, such as various common illnesses like influenza, hand-foot-and-mouth disease, precocious puberty, diagnosis fees for specific speech disorders and stuttering, diagnosis fees for certain mental illnesses, and diagnosis fees for severe tic disorders. Additional coverage for hospitalization and surgery for teenage children and rare incurable diseases has been added, and coverage related to newborns and children, such as congenital diseases, tuberculosis, and scoliosis, has been strengthened. Furthermore, coverage for dependents, such as miscarriage diagnosis fees and pregnancy toxemia diagnosis fees, can also be selected.

Uniquely in the industry, it exempts or supports insurance premium payments upon the occurrence of 8 major premium waiver reasons and 8 major premium support reasons. It offers a 5% monthly premium discount for 5 years after 5 years without accidents and up to a 3% discount for families with multiple children.

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