Boseong-gun Enrolls All Residents in Comprehensive Safety Insurance

Published 16 Oct.2023 15:13(KST)

Up to 24 Types Covered, Maximum 30 Million KRW Guaranteed, Claims Allowed Within 3 Years of Accident

Boseong County in Jeollanam-do announced that it is operating the ‘Boseong County Citizen Safety Insurance’ for all residents of the county.

This insurance automatically covers residents registered in Boseong County (including registered foreigners) without any separate procedures. Residents who suffer unexpected damages such as natural disasters, fires or collapses, and agricultural machinery accidents can receive assistance through this insurance.

[Image courtesy of Boseong-gun]

The insurance covers a total of 24 items with a maximum of 30 million KRW for accidents occurring anywhere domestically or overseas, and the county fully pays the insurance premiums.

Insurance claims can be filed with the Korea Local Finance Association within three years from the date of the accident. Coverage can overlap with personal insurance; however, according to Article 732 of the Commercial Act, compensation for death is not provided for those under 15 years of age.

Boseong County introduced the citizen safety insurance system in 2020, and as of 2023, a total of 280.7 million KRW has been paid out for 23 cases over four years through the citizen safety insurance.

The number of claims includes 19 agricultural machinery accidents, 2 drowning accidents, 1 fire accident, and 1 dog bite accident.

Kim Cheol-woo, the governor of Boseong County, said, “The citizen safety insurance is a good system that provides support funds to local residents who suffer from disasters and safety accidents, contributing to stability in life during crisis situations,” and added, “We plan to actively promote the insurance so that all local residents can enjoy its benefits.”