Boseong-gun Increases Coverage Amount of Residents' Safety Insurance to 20 Million Won

Full Insurance Premium Covered by Military, 11 Coverage Items Allow Overlapping Claims with Other Insurances

[Boseong=Asia Economy Honam Reporting Headquarters, Reporter Park Cheon-seok] Jeollanam-do Boseong-gun (Governor Kim Cheol-woo) announced on the 30th that it has raised the coverage limit of the 'Citizen Safety Insurance,' which has been implemented since last year, to a maximum of 20 million won.

The increased coverage applies to disasters and accidents occurring from July 1st onward.

Citizen Safety Insurance automatically enrolls all residents registered in Boseong-gun (including foreigners) without any separate subscription procedure, and the insurance premium is fully covered by the county.

To claim insurance benefits, citizens who suffered damage anywhere in the country or their legal heirs must submit a claim form and related documents to the Korea Local Finance Association within three years from the date of the accident.

Overlapping compensation is possible regardless of other insurances.

The detailed coverage items include a total of 11 categories: △death from natural disasters (including heatstroke, sunstroke, and cold wave), △death and permanent disability from explosion, fire, collapse, public transportation use, robbery, and agricultural machinery accidents, △death from drowning accidents, △injury treatment expenses from traffic accidents in school zones for children under 12 years old, etc. According to Article 732 of the Commercial Act, compensation for death is not provided for those under 15 years old.

Kim Cheol-woo, Governor of Boseong-gun, said, "By raising the coverage limit of the Citizen Safety Insurance, which all citizens are enrolled in, we expect to improve the livelihood stability and safety welfare of local residents," and added, "We will continue to do our best so that residents can feel a safer Boseong."

Meanwhile, detailed explanations about the Citizen Safety Insurance can be obtained through the Safety and Construction Division of Boseong-gun and the Korea Local Finance Association.

Boseong=Asia Economy Honam Reporting Headquarters, Reporter Park Cheon-seok kun5783@asiae.co.kr

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