Lotte Insurance "Give Kids Insurance as a Gift for the New Semester"

[Asia Economy Reporter Changhwan Lee] Lotte Insurance announced on the 7th that it has launched the 'let:gift Kids Insurance,' an easy-to-gift insurance product, through its direct channel to mark the new school term.

The insurance premium for the kids insurance launched on this day is available in three plans with single payment options of 10,000 KRW, 30,000 KRW, and 50,000 KRW.

The eligible age for subscription is from 0 to 13 years old (based on insurance age), and coverage is provided for one year upon premium payment. Additional coverage is possible without any deductible even if the child is already enrolled in other children’s insurance policies.

It features essential coverages for children’s insurance such as diagnosis fees for post-traumatic stress disorder (PTSD), fracture surgery fees, fracture diagnosis fees (excluding tooth fractures), burn diagnosis fees, and scar restoration surgery fees for injuries. It also carefully includes treatment fees for influenza antiviral drugs and emergency room visit fees.

A Lotte Insurance official stated, “To celebrate the new school term, we have launched let:gift Kids Insurance, a children’s insurance product that anyone can easily subscribe to and gift,” adding, “We will continue to release innovative insurance services (products) that enhance customer convenience.”

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