Gyeongbuk Yeongyang Offers 'Happiness for 10,000 Won'... Happiness Insurance Service for 700 Low-Income Residents

Free Enrollment in 'Manwonui Haengbok Insurance', Post Office Public Interest Accident Insurance Business Agreement

Wind power generation image.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Gwiyeol] The 'Happiness for 10,000 Won' insurance is coming to low-income residents of Yeongyang-gun, Gyeongbuk.

On the 18th, Yeongyang Post Office, GS Wind Power Co., Ltd., and Yeongyang-gun signed a business agreement to provide a free subscription service for the public injury insurance 'Post Office Happiness for 10,000 Won Insurance' for low-income residents in the Yeongyang area. The happiness insurance will be implemented from August until the support funds run out.

The 'Happiness for 10,000 Won Insurance' is available to household heads and members aged 15 to 65 who belong to the lower-income bracket as defined by the National Basic Livelihood Security Act.

It is a product that provides coverage for accidents and injuries for one year with a payment of 10,000 won. The Post Office will cover 33,700 won per male and 22,200 won per female, GS Wind Power will provide a budget of 7 million won, and Yeongyang-gun will actively guide eligible recipients to receive the support benefits.

About 700 eligible individuals can visit the Yeongyang Post Office or other post offices located in Yeongyang-gun from August 1 to enroll for free without paying the insurance premium. During the insurance period, this public insurance covers survivor benefits due to accidents (accidental death benefit of 20 million won), accident hospitalization (10,000 won per day), and accident surgery (up to 1 million won). After one year, re-enrollment is possible with a maturity benefit of 10,000 won.

Oh Do-chang, the governor of Yeongyang-gun, said, "Through cooperation among public institutions, we will provide better welfare services to marginalized residents in the Yeongyang area and strive to offer customized welfare services."

Kim Ki-hwan, CEO of GS Wind Power, also said, "We are glad that the precious 10,000 won can be a reliable support for neighbors in need, and we will make various efforts for community welfare."

Additionally, Kang Myung-sook, director of Yeongyang Post Office, said, "Through this agreement, low-income residents below the lower-income bracket living in the Yeongyang area will receive benefits for free," and added, "The Post Office will strive to strengthen its public role as a national institution."

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