NH Nonghyup Insurance Launches Non-Dividend NH Mamdaero Golra Coverage Insurance

NH Nonghyup Property & Casualty Insurance (CEO Choi Moon-seop) announced on the 1st the launch of a new FC channel-exclusive product, "(Non-Participating) NH Mamdaero Golra Coverage Insurance," designed with a simple plan tailored to customer needs. CEO Choi Moon-seop (third from the left in the photo) is taking a commemorative photo for the first subscriber. (Photo by Nonghyup Property & Casualty Insurance)

[Asia Economy Reporter Changhwan Lee] NH Nonghyup Property & Casualty Insurance announced on the 1st that it has launched a customized insurance product '(Non-Participating) NH Mamdaero Golra Bojang Insurance' that allows customers to select coverage according to their needs by subdividing the coverage.

This product consists of a total of four plans: Type 1 Golf Plan, Type 2 Term Plan, Type 3 Surgery Expense Plan, and Type 4 Cancer Plan, allowing customers to choose and subscribe to the plan that suits their characteristics.

The Type 1 'Golf Plan' is characterized by the introduction of coverage for albatross expenses and second hole-in-one expenses in addition to the existing hole-in-one expense coverage.

The Type 2 'Term Plan' covers essential accidental death and disease death, while the Type 3 'Surgery Expense Plan' focuses on coverage for death, permanent disability, and various surgery expenses.

The Type 4 'Cancer Plan' provides broad coverage for cancer diagnosis fees, cancer-related surgery, hospitalization, and treatment.

The subscription age ranges from 15 to 70 years old. The insurance period for the Type 1 Golf Plan is 3, 5, 7, or 10 years; for the Type 2 Term Plan, it is 10, 20, or 30 years; and Types 3 and 4 can be subscribed to with a 10-year renewable term. The payment frequency is monthly, and consultation and subscription for the product are available through Nonghyup Property & Casualty Insurance agents.

An official from Nonghyup Property & Casualty Insurance stated, "This product is composed of essential coverages that are easy for customers to understand in order to lower the entry barrier for subscription," and added, "We will continue to enhance competitiveness through specialized products tailored to each channel and customer segment."

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