30% Additional Savings for Youth... Shinhan Life Launches Win-Win Financial Product

Minimum Insurance Premium 50,000 Won... Available for Subscription Over 3 Years

Shinhan Life has launched a pension product that allows young people to receive up to 30% more than the basic accumulated amount as part of its win-win finance initiative to help them prepare for a stable retirement.

Shinhan Life announced on the 21st that it has released the 'Shinhan Beautiful Pension Insurance (Non-dividend)'.

This product, targeted at subscribers aged 19 to 39, features the ability to receive up to 30% additional amount on top of the basic accumulated amount at the start of the pension.

In particular, benefits have been enhanced to help young people, such as those starting their careers or preparing for marriage and childbirth, build assets in the mid to long term. First, if subscribers pledge to participate in 'Creating a Beautiful Society' upon signing up, they receive a 5% bonus; 5% upon marriage; and 5% per child born as a 'win-win bonus.' Bonus pension amounts can be received up to a maximum limit of 30%.

Furthermore, if subscribers choose the pension enhancement option, a 'pension start bonus' on the contract holder's accumulated amount will be added at the pension start date, allowing them to receive an increased pension amount compared to the basic plan.

To make it easy for young customers to subscribe without burden, the minimum premium is set at 50,000 KRW. The payment period can be selected from a minimum of 3 years, and pension commencement is possible from age 45. As a digital insurance product for the MZ (Millennial + Z) generation familiar with online sales channels, it can be subscribed to on the KakaoPay platform starting today.

A Shinhan Life official stated, "By adding a higher win-win bonus rate compared to general pension products, we expect to provide practical help to the younger generation," and added, "We will continue to do our best to establish ourselves as an insurance company that practices the value of sharing in our society."

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