KB Kookmin Bank Donates Funds to Support Free Insurance for Low-Income Families

[Asia Economy Reporter Sim Nayoung] KB Kookmin Bank announced on the 2nd that it has signed a business agreement with the Seoul Regional Self-Sufficiency Center Association and the Seoul Central Post Office of the Korea Post (Director Park Taehee) to provide free public injury insurance for low-income groups.

Under this business agreement, KB Kookmin Bank will donate a total of 50 million KRW to the Seoul Regional Self-Sufficiency Center. The donation will be used to support free enrollment in the Korea Post's public insurance product, "Happiness Insurance for 10,000 Won," targeting vulnerable groups. Subscribers to the "Happiness Insurance for 10,000 Won" can receive coverage for accidental death benefits, hospitalization fees, and surgery costs without any separate insurance premium burden.

A KB Kookmin Bank official stated, "We hope that the free insurance support through this agreement will provide practical help for the economic independence and living stability of low-income groups," and added, "We will continue to do our best to maintain ongoing interest and support for socially vulnerable groups."

Meanwhile, KB Financial Group is continuously practicing "Finance that Changes the World," fulfilling corporate social responsibility and co-growing with society by applying ESG throughout its corporate activities.

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