Hyundai Marine & Fire Insurance Donates 100 Million KRW to Support Gangneung Wildfire Relief
Long-term Insurance Premium Payment Deferral... Prompt Insurance Payouts
Hyundai Marine & Fire Insurance donated 100 million KRW to provide emergency relief for residents affected by the wildfires in the Gangneung area of Gangwon Province.
On the 21st, Hyundai Marine & Fire Insurance announced that it had delivered the relief funds through the Korean Red Cross. The funds will be used for forest restoration in the affected areas and for providing food and emergency supplies to support the livelihoods of disaster victims.
Additionally, for customers affected by the wildfire, the company will defer long-term insurance premium payments for six months and expedite insurance claim payments.
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Cho Yong-il, CEO of Hyundai Marine & Fire Insurance, said, "We extend our deepest condolences to the residents of the Gangneung area who have suffered great damage from the wildfire," and added, "We hope this will help them recover their daily lives as quickly as possible."
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