Gwangju Seo-gu Implements 'Gumin Safety Insurance'... Establishing a Social Safety Net

[Asia Economy Honam Reporting Headquarters Reporter Shin Dong-ho] The Seo-gu District Office of Gwangju Metropolitan City (District Mayor Kim I-gang) has been implementing the ‘Resident Safety Insurance’ since February to provide minimum living stabilization funds to residents affected by various accidents and disasters, helping them return to daily life.

According to Seo-gu on the 21st, the insurance coverage applies to all residents registered in Seo-gu (including registered foreigners and overseas Koreans with residence reports) and is automatically enrolled or terminated upon moving in or out without any separate subscription procedures.

The coverage includes protection against damages caused by 10 types of accidents and disasters such as explosions, fires, and landslides, with insurance payouts up to 15 million KRW depending on the type of accident.

In particular, to prepare for summer disasters, benefits are also provided for death caused by water play accidents and diagnoses of heat-related illnesses.

So far, two Seo-gu residents have received support benefits for burn surgery costs (1 million KRW per session), and Seo-gu plans to analyze the performance of insurance claims over the next year to develop coverage items that residents can feel directly and to further expand the coverage amounts.

A Seo-gu official stated, “Through the Resident Safety Insurance, we expect residents to receive minimum living stabilization and compensation for damages from various safety accidents,” adding, “We will continue to build a better social safety net for residents and do our best to create a ‘Safe City Seo-gu.’”

For detailed information on insurance claims, inquiries can be made to the representative insurance company, DB Insurance.

Asia Economy Honam Reporting Headquarters Reporter Shin Dong-ho baekok@asiae.co.kr

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