NH Nonghyup Life Launches Revised 'NH New Medical Coverage Insurance' Offering Premium Discounts for Walking

[Asia Economy Reporter Changhwan Lee] NH Nonghyup Life announced on the 14th that it has revised and relaunched the product 'Essential NH New Medical Coverage Insurance (Walking Type, Renewable, Non-dividend)', linked with the digital healthcare platform 'NH Healthcare'.

The biggest feature of this product is the premium discount linked with NH Healthcare. Through key functions in NH Healthcare, such as achieving daily walking goals and virtual gardening, policyholders can receive discounts on premiums for the main contract and riders.

Virtual gardening is a play service provided by NH Healthcare. By selecting crops and achieving the daily walking goal for 7 days, users can harvest crops. If more than 20 crops are harvested within a year, a 10% discount on the next year's premium is applied. This discount is applicable for up to 5 years from the 2nd to the 6th year after initial enrollment, and the discount is applied each year upon achieving the goal.

The main contract also covers advanced medical technology treatment costs. It guarantees treatments with high cost burdens but easier recovery for serious diseases, such as Da Vinci robot cancer surgery, High-Intensity Focused Ultrasound (HIFU) therapy, ECMO treatment, and therapeutic hypothermia methods.

This product also covers general death and accidental death through the main contract. It guarantees KRW 60 million for general death and KRW 30 million for accidental death (based on a main contract insured amount of KRW 10 million). In case of death by accident, an additional accidental death benefit is paid on top of the general death insurance, totaling KRW 90 million.

Death benefits due to certain infectious diseases that may occur during outdoor activities are also covered under the main contract. If the insured dies from a specified infectious disease, an additional KRW 10 million is paid.

The eligible age for enrollment is from 15 to a maximum of 73 years old. It is a 20-year renewable plan, renewable up to age 100. The insured amount can be subscribed from KRW 5 million up to KRW 10 million in increments of KRW 2.5 million. For a 40-year-old general subscriber with a 20-year payment period and a main contract insured amount of KRW 10 million, the premium is KRW 27,590 for males and KRW 15,534 for females.

Kim Intae, CEO of NH Nonghyup Life, said, "With this product revision, it has been reborn as a product that can directly provide benefits along with customers' health improvement," and added, "We will continue to launch innovative products that not only provide sufficient coverage but also help customers maintain healthy habits in their daily lives."

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