Ace Insurance Partners with Kakao to Launch 'Chubb Jikyeoju Homes Home Insurance'

[Asia Economy Reporter Changhwan Lee] Ace Insurance announced on the 8th that it has partnered with Kakao to launch the 'Chubb Jikyeojwo Homes Home Insurance.'

'Chubb Jikyeojwo Homes Home Insurance' covers risks that may occur in residential life, such as fines due to fire, inter-floor noise damage, and theft or damage of general household goods.

In the case of fire fines, compensation is provided up to 20 million KRW depending on the violated clause, and if general household goods are damaged or stolen due to robbery or theft, coverage is provided up to 10 million KRW.

If the inter-floor noise measurement results exceed the legal standards, compensation of up to 500,000 KRW can be received.

If repairs are made at an official AS designated center for breakdowns of six major home appliances commonly used in households, such as TV, washing machine, refrigerator, and air conditioner, the repair costs can be compensated up to 1 million KRW. The eligible age for subscription is from 20 to 80 years old, and the insurance period is one year.

The insurance can be purchased in the form of a mobile voucher through KakaoTalk Gift, and recipients of the gift can enjoy insurance benefits by simply entering basic information without any additional cost.

Edward Cobb, President of Ace Insurance, said, “With the launch of Chubb Jikyeojwo Homes Home Insurance, we expect customers to be able to more efficiently prepare for risks they may face in their homes.”

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