Sejong-si, Bicycle and PM Safety Insurance... "Coverage Anywhere Nationwide"

[Asia Economy (Sejong) Reporter Jeong Il-woong] Sejong City announced on the 25th that it will enroll citizens in bicycle insurance so that those who suffer damages from bicycle and Personal Mobility (PM) safety accidents can receive insurance benefits.

The insurance is automatically applied to all citizens with an address in Sejong (including foreign registrants) without any separate procedures.

The insurance coverage period is from the 16th of next month to March 15th of next year, and insurance benefits will be provided regardless of where the accident occurs nationwide during this period.

The insurance covers all bicycles, including electric bicycles, and PM accidents. However, commercial and shared PMs are not eligible for insurance benefits.

In the event of death or permanent disability due to a bicycle traffic accident, up to 5 million KRW is covered; for injuries diagnosed for 4 weeks or more, a consolation payment of up to 500,000 KRW is provided; and for those diagnosed for 4 weeks or more who are hospitalized for 6 days or longer, 200,000 KRW is guaranteed.

Insurance claims must be submitted to the insurance company with supporting documents within 3 years from the date of the accident to receive payment.

However, the insurance coverage is based on the accident date, so accidents occurring before the 16th of next month will be covered under last year's insurance terms.

For inquiries regarding insurance claims, contact the city's Public Transportation Division or DB Insurance.

Ahn Jong-su, head of the city's Public Transportation Division, said, “We will widely promote the bicycle insurance enrollment to ensure that no citizen who suffers an accident is left without coverage,” and added, “We hope citizens always wear protective gear and follow safety rules when using bicycles and PMs.”

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