KB Insurance Launches 'KB Smart Driver Insurance' with Added Bicycle Accident Coverage

KB Insurance announced on the 8th that it has revised and launched the direct-only 'KB Smart Driver Insurance,' which includes coverage related to bicycles.

[Asia Economy Reporter Oh Hyung-gil] KB Insurance announced on the 8th that it has revised and launched the direct-only 'KB Smart Driver Insurance' which includes coverage related to bicycles.

It offers three plans: 'Driver Plan', 'Driver + Bicycle Plan', and 'Bicycle-Only Plan', making it easy to subscribe while expanding the scope of coverage for bicycle accidents.

In the case of the Bicycle-Only Plan, it provides various coverages for risks that may arise from bicycle accidents, including ▲fine costs ▲attorney fees ▲traffic accident handling support funds, as well as ▲death and disability ▲fracture consolation money ▲cast treatment costs ▲dislocation and nerve damage compression consolation money ▲injury scar restoration surgery costs.

In addition to coverage for bicycle accidents, the driver insurance coverage has been enhanced by adding compensation for automobile accident injury consolation money based on injury grades in car accidents, compensation for damages caused by retaliatory driving in car accidents, and coverage for injury scar restoration surgery costs.

The same coverage has also been added to the 'One-Day Driver Plan', which allows short-term (1 to 7 days) subscription when driving someone else's car or a shared vehicle (such as a rental car).

Kim Seong-beom, Executive Director of KB Insurance Direct Headquarters, said, "With the increase in outdoor leisure activities due to COVID-19, we launched this product so that customers can ride bicycles in a safer environment," adding, "We will continue to strive to develop products that reflect changing environments and customer needs."

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