Gwangyang City Enrolls All Citizens in Safety Insurance

Insurance Premium Burden, Up to 20 Million KRW Support Based on 15 Coverage Items

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] Gwangyang City, Jeollanam-do announced that it has enrolled in the "Gwangyang City Citizen Safety Insurance" to stabilize the lives and improve the welfare of citizens affected by unexpected disasters or accidents.

The citizen safety insurance covers all residents registered in Gwangyang City, and any Gwangyang citizen can receive benefits without any separate enrollment procedures or insurance premiums.

Additionally, overlapping compensation is possible regardless of the accident location or whether the individual has other insurance coverage, and the coverage period is one year from February 11, 2022, to February 10, 2023.

The coverage includes 15 items such as ▲death from natural disasters (including heatstroke and sunstroke) ▲death or permanent disability from explosion, fire, collapse, or landslide ▲death or permanent disability from injuries sustained while using public transportation ▲death or permanent disability from robbery-related injuries ▲death from drowning accidents ▲death or permanent disability from agricultural machinery injuries ▲injury treatment costs from school zone traffic accidents ▲injury costs from violent crimes ▲dog bite accidents, among others.

The coverage amount is 20 million KRW in case of death, and up to 20 million KRW depending on the degree of permanent disability (3~100%). Especially this year, four additional items were added to expand the coverage benefits: injury costs from violent crimes (up to 1 million KRW), death or permanent disability from dog bite accidents (10 million KRW), and emergency room treatment costs for dog bite injuries (100,000 KRW).

Insurance claims can be made by the victim or legal heirs by submitting a claim form and related documents to NongHyup Property & Casualty Insurance when a claim event occurs, and the claim expiration period is three years from the date of the accident.

Moon Byung-joo, Director of Safety General Affairs, stated, "We focused on providing minimal economic stability so that citizens can live without worry from unexpected accidents," and added, "We will continue to actively promote the citizen safety insurance."

Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr

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