Kyobo Lifeplanet Launches 'ePlus Children's Comprehensive Insurance'

Gibseu, Burns and Fractures, Essential Coverage Including Hospitalization Fees from Day One

[Asia Economy Reporter Ki Ha-young] Kyobo Lifeplanet Life Insurance announced on the 13th that it has launched the '(Mu)e-Plus Children's Comprehensive Insurance,' which consists of essential core coverage.

The newly launched (Mu)e-Plus Children's Comprehensive Insurance is a children's insurance that covers accidental disability, accidental fractures, hospitalization, surgery, and cancer diagnosis. It has the advantage of providing hospitalization expenses coverage of up to 100,000 KRW from the first day of hospitalization. It also covers common occurrences in children such as casts (100,000 KRW), burns (second-degree severe or higher, 100,000 KRW), and specific legally designated infectious disease diagnoses (300,000 KRW). There is no limit on the number of times coverage can be claimed for infectious disease diagnosis fees or cast treatment fees.

The (Mu)e-Plus Children's Comprehensive Insurance can provide coverage from fetus to up to 100 years old when selecting the 100-year maturity option. Since it is a non-renewable product, coverage is guaranteed at the initial premium rate until maturity. Additionally, if subscribed with a 30-year maturity, it offers practical coverage at a reasonable premium. (Monthly premium 7,680 KRW, insurance amount 10 million KRW, male age 5, 30-year payment, monthly payment, pure coverage type basis)

If you have multiple children, the benefits double. Even if only one child is enrolled in this insurance, a multi-child discount is available if there are two or more children. A 3% discount applies for two children, and a 5% discount applies for three or more children.

Kim Jung-woo, head of the Digital Marketing Team at Kyobo Lifeplanet, said, "The newly launched (Mu)e-Plus Children's Comprehensive Insurance was prepared focusing on essential basic coverage by prioritizing customer needs. As a leading digital life insurance company in Korea, we have strived to offer customers a more cost-effective product by reducing operating expenses compared to face-to-face channels."

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