Up to 20 Million KRW Coverage... DB Launches 'Petbly Companion Dog Insurance'

Coverage for Actual Expenses Within Treatment Cost Limit
Annual Coverage Up to 20 Million KRW Including Surgery Fees

DB Insurance has launched a pet insurance product that provides indemnity coverage for annual treatment costs of up to 20 million KRW for companion dogs.

DB Insurance announced on the 11th that it has released the "Petbly Companion Dog Insurance."

The basic medical expense coverage for pets indemnifies the actual treatment costs incurred within a daily limit. For non-surgical days, coverage is up to 300,000 KRW, and for surgical days, coverage is up to 2.5 million KRW twice a year. There is no limit on the number of days, and including surgery fees, coverage is up to 20 million KRW annually.

For the first time in the insurance industry, an additional coverage rider increases the daily limit up to 1 million KRW for companion dog MRI and CT scans. As the first long-term insurance, a custody cost coverage is also provided, which pays the actual amount spent per day within the insured amount limit when the owner is hospitalized and entrusts the pet to a pet hotel.

In addition to pet medical expenses, some owner coverage such as fracture diagnosis fees and daily hospitalization allowance are included, enabling integrated coverage for both companion dogs and their owners. Furthermore, a premium discount is applied not only for pets with a pet registration certificate but also for those with a biometric registration certificate.

This product is available only for companion dogs aged from 61 days to 10 years and provides coverage up to 20 years of age.

A DB Insurance official stated, "This new product has a simple coverage structure focused on medical expense protection to enhance customer convenience in subscribing," adding, "We will continue to strive to increase interest in pet insurance."

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