KB Insurance "Popular Ubyungja Insurance, 30,000 Policies Sold in August"

[Asia Economy Reporter Changhwan Lee] KB Insurance announced on the 7th that its disease-affected insurance has gained popularity, with about 30,000 policies sold in August alone, driven by the increase in subscribers to the 'KB Oh! Smart Simple Health Insurance' launched last month.

The company explained that the 'KB Oh! Smart Simple Health Insurance' accounts for about 40% of KB Insurance's disease-affected insurance subscribers since its launch, leading the popularity of disease-affected insurance.

This product is an ultra-mild disease-affected insurance product that offers coverage similar to comprehensive health insurance for healthy standard-body customers, with reasonable premiums (about 85% of existing mild disease-affected insurance premiums) compared to existing mild disease-affected insurance.

Anyone can subscribe to this product if they do not fall under the disclosure items called '3-5-5.'

The '3-5-5' (▲whether there has been hospitalization, surgery, or additional medical examination opinions within the last 3 months ▲whether there has been hospitalization or surgery within the last 5 years ▲whether diagnosed with, hospitalized for, or undergone surgery for any of the 8 major diseases within the last 5 years) disclosure allows for simple insurance subscription without submitting separate documents.

Earlier this month, KB Insurance added new products to strengthen the competitiveness of its disease-affected insurance products. For healthy disease-affected customers who want long-term coverage at reasonable premiums, they added no-surrender and three-year maturity products to the 'KB Oh! Smart Simple Health Insurance,' and for severe disease-affected customers, they included caregiver daily allowance (usage/support) coverage in 'The Simple Health Insurance.'

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