Lina Life Launches New Dental Insurance with Relaxed Underwriting for Elderly Customers

[Asia Economy Reporter Changhwan Lee] LINA Life Insurance announced on the 30th that it will launch the ‘(Non) THE ONE Simple Dental Insurance,’ which allows elderly individuals with a history of periodontal disease treatment to enroll.

The ‘(Non) THE ONE Simple Dental Insurance’ is a product with relaxed underwriting standards designed for customers aged 50 and above who previously found it difficult to enroll in dental insurance due to a history of periodontal disease treatment. The observation period for periodontal disease has been shortened from the past 5 years to 1 year, and whether medication was taken for dental caries is no longer checked.

Accordingly, when applying for insurance, customers can enroll by disclosing whether they currently wear dentures, have received cavity treatment within the past year, have experienced natural tooth loss due to periodontal disease, or have a history of periodontal surgery.

Another advantage is that the product is designed so that customers can secure essential coverage through the main contract and select additional coverage according to their needs.

The main contract includes coverage for fillings without limits on the number or treatment materials, annual coverage for dentures and scaling (tartar removal) once per year, and annual coverage for up to three bridges and implants, thereby reducing the treatment cost burden for customers.

Additionally, coverage for crown treatment, pulp treatment, permanent tooth extraction, periodontal disease treatment, intraoral radiography, and panoramic imaging can be tailored to the customer’s characteristics.

The ‘(Non) THE ONE Simple Dental Insurance’ is available for individuals aged 51 to 75 (varies by channel), and the monthly premium (based on 1 million KRW coverage for implants) is approximately 53,850 KRW for men and 42,900 KRW for women at age 55.

Juhan Bae, Head of Product Development at LINA Life Insurance, said, “We developed this product based on the insight that the need for dental insurance increases with age, but actual enrollment is difficult. LINA Life Insurance will always strive to understand what coverage customers truly need and develop products that can ease their concerns.”

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