K-Bank and Hyundai Marine & Fire Launch 'Automobile and Motorcycle Insurance'

On the 19th, K Bank announced that it has partnered with Hyundai Marine & Fire Insurance to launch automobile and motorcycle insurance.

Through this partnership, K Bank now offers automobile insurance services from three non-life insurance companies, including KB Insurance and DB Insurance. This is the first time motorcycle insurance, targeting motorcycle riders, has been launched.

Hyundai Marine & Fire Insurance's automobile and motorcycle insurance can be purchased by selecting the 'Hyundai Marine & Fire Direct Automobile' option under the 'Insurance' tab in the K Bank application (app).

To celebrate the launch of Hyundai Marine & Fire automobile insurance, customers who sign up will receive either a 30,000 KRW cashback or a 30,000 KRW fuel voucher. These benefits are available when newly subscribing to Hyundai Marine & Fire automobile or motorcycle insurance through K Bank with a card payment of 300,000 KRW or more.

K Bank plans to form an additional partnership with Samsung Fire & Marine Insurance within the year to provide automobile insurance services from the four major non-life insurance companies in Korea.

K Bank is the only internet-only bank offering insurance services. These include ▲ automobile insurance (Hyundai Marine & Fire, KB Insurance, DB Insurance) ▲ driver insurance (KB Insurance) ▲ savings insurance (Hanwha Life) ▲ cancer insurance (KB Insurance, ABL Life) ▲ child insurance (KB Insurance) ▲ health insurance (ABL Life) ▲ pet insurance (Meritz Fire & Marine Insurance).

A K Bank representative said, “With the launch of Hyundai Marine & Fire automobile insurance, we have expanded the range of choices and benefits. We will continue to enhance customer benefits through new partnerships with various insurance products.”

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