Seodaemun-gu Resident Safety Insurance Adds Infectious Disease Death Coverage

Automatic Enrollment for All Seodaemun-gu Residents... Claims Possible Within 3 Years from Accident Date... Coverage Includes Infectious Disease Death, Drowning, Hit-and-Run Death, and Specified Disabilities

[Asia Economy Reporter Jongil Park] Seodaemun-gu (Mayor Moon Seok-jin) has added an infectious disease death coverage item to the residents' safety insurance.

The insurance period is from April 26, 2021, to April 25, 2022, marking the third consecutive year following the previous two years (April 26, 2019 ? April 25, 2021).

The district covers the insurance premiums so that Seodaemun-gu residents can receive financial support in case of unexpected disasters or accidents.

The coverage applies to all approximately 320,000 Seodaemun-gu residents, including registered foreigners, and enrollment is automatic without any separate procedures.

Insurance benefits can be claimed regardless of where in Korea the accident occurs, and claims must be made within three years from the date of the incident during the insurance period.

Additionally, compensation is provided even if the individual has other insurance policies.

The coverage items include ▲death from infectious diseases ▲drowning accidents ▲death and injury with sequelae caused by hit-and-run, uninsured vehicles, or gas accidents ▲kidnapping, abduction, or confinement of youth ▲injuries to persons of merit ▲legal support for medical malpractice, among others.

The coverage amounts are 5 million KRW for death from infectious diseases, up to 5 million KRW for hit-and-run injury sequelae, and up to 10 million KRW for injury compensation to persons of merit and legal support for medical malpractice. However, according to Article 732 of the Commercial Act, children under 15 years old are excluded from death coverage.

The district announced that a total of 49.1 million KRW in insurance payments has been made to eight residents who suffered unexpected accidents so far.

For reference, the existing coverage items of the ‘Seodaemun-gu Residents' Safety Insurance’ such as ▲death from natural disasters, heatstroke, and sunstroke ▲death and injury with sequelae caused by explosions, fires, collapses, landslides, public transportation accidents, and robbery ▲treatment costs for traffic accident injuries in school zones (under 12 years old) are covered under the ‘Seoul City Citizens' Safety Insurance’ within the prescribed limits.

Moon Seok-jin, Mayor of Seodaemun-gu, stated, “We have enrolled in residents' safety insurance to create a safe community through proactive disaster prevention and to support residents and their families who suffer unexpected accidents.”

For more details about the Seodaemun-gu Residents' Safety Insurance, please contact the Safety Management Division of Seodaemun-gu Office.

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