Hanwha Life Launches 'Neulgyeote Care Insurance'... "Comprehensive Coverage for All Caregiving Processes"

[Asia Economy Reporter Ki Ha-young] Hanwha Life announced on the 26th that it has launched the industry's first 'Hanwha Life Neulgyeote Care Insurance,' which comprehensively covers all caregiving processes from diagnosis to hospitalization, nursing care, disability, and rehabilitation.

This product consists of the main contract Type 1 Partial Surrender Refund (50% during the payment period, 100% after the payment period) and Type 2 Standard Plan.

Under the main contract, the insured's long-term care status is classified into mild, moderate, and severe, providing long-term care diagnosis funds up to 45 million KRW (based on a subscription amount of 15 million KRW). Each stage is distinguished according to the elderly long-term care system grades, with additional coverage for behavioral disorders related to dementia.

In particular, through the 'Caregiver Support Fund Rider (renewal),' caregiver support funds are guaranteed in cash up to 150,000 KRW per day for hospitalization of 30 days or more, regardless of the type of nursing hospital. Caregiving funds are also paid to reduce the burden on families when surviving after diagnosis of specific severe disabilities (excluding intellectual and mental disabilities), long-term care, the three major diseases, and other chronic illnesses.

Additionally, for the first time in the industry, home care (home nursing) is covered through a rider, and rehabilitation treatment is guaranteed for all diseases or injuries, not limited to specific diseases or accidents.

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