"Insured Loss" NongHyup Official Threatened with Club, Man in His 40s Booked

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] A man in his 40s who threatened an Nonghyup official with a blunt weapon, claiming he suffered losses after being induced to purchase insurance, was arrested by the police.

The Gwangju Western Police Station announced on the 17th that they have booked A (in his 40s) without detention on charges of special intimidation and are investigating him.

A is accused of taking out a blunt weapon and threatening branch manager B in the branch manager's office of a Nonghyup branch in Seo-gu, Gwangju Metropolitan City, around 10 a.m. the previous day, demanding compensation for losses due to early termination of insurance.

He had signed up for whole life insurance at B's recommendation, but was told that this product did not provide actual expense coverage for his treatment items.

He then canceled the insurance early, but when he received less money back than the amount he had actually paid, he could not contain his anger and committed the crime.

A is known to be denying his charges.

The police plan to investigate the exact circumstances of the incident.

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