DB Insurance "Broadly Enhanced Coverage, Launch of DB Plus Coverage Health Insurance"

[Asia Economy Reporter Changhwan Lee] DB Insurance announced on the 8th that it has launched the 'DB Plus Coverage Health Insurance,' which strengthens coverage for both new and existing customers, in celebration of its 60th anniversary.

The DB Plus Coverage Health Insurance is the first in the industry to include the 'Hemiplegia Diagnosis Benefit' coverage, which provides up to 500,000 KRW for hemiplegia characterized by muscle weakness in one side of the upper or lower limbs or the facial area.

Hemiplegia, closely related to stroke, most frequently occurs as a sequela of stroke but can also appear as a prodromal symptom of stroke.

Another feature of the new product is differentiated coverage according to life cycle stages, allowing each age group to receive appropriate protection.

For young adults (20s to 30s), before exposure to disease risks, the new coverage includes diagnosis benefits for 41 diseases including hemiplegia diagnosis benefit, aiming to prevent disease progression and reduce treatment cost burdens.

For middle-aged adults (40s to 50s), new coverages such as ‘Da Vinci Robot Cancer Surgery Benefit’ and ‘Home Nursing Treatment Benefit’ have been added to expand treatment coverage following disease onset.

For elderly customers (60 and above), new coverages like ‘Long-term Care Home/Facility Benefit’ and ‘Rehabilitation Treatment Benefit’ have been introduced to prepare for caregiving risks.

In addition to new coverage areas, a ‘Step-up Coverage’ has been newly introduced, which doubles the coverage amount for major coverages such as cancer, heart, cerebrovascular diseases, and chemotherapy costs for customers aged 60 to 70, where demand for coverage increases.

The company emphasized that it also offers premium discount benefits as a token of appreciation to existing long-term DB Insurance customers.

For customers who have maintained long-term insurance with a total premium of 50,000 KRW or more for over 10 years, a 15% discount on the first-year sales premium and a 5% discount from the second year onward are provided, enabling broad coverage at affordable premiums.

Enrollment is available from ages 15 to 75, with options including 20-year term, 30-year term, renewable at ages 60 or 70, or fixed terms up to ages 90 or 100, allowing customers to choose according to their preferences.

A DB Insurance official stated, “DB Plus Coverage Health Insurance was developed to fully meet the diverse needs of not only various age groups but also existing and new customers.”

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