On the 6th, NH Nonghyup Life Gyeongnam Headquarters visited Masan City Nonghyup located in Masanhappo-gu, Changwon Special City, Gyeongnam, to hold the first subscription event in Gyeongnam for the revised 2025 product, ‘Jinsimeul Dameun NH Whole Life Insurance’.

Masan City Nonghyup Chairman Park Sang-jin, the first subscriber of "NH Whole Life Insurance with Sincerity" in Gyeongnam.

Masan City Nonghyup Chairman Park Sang-jin, the first subscriber of "NH Whole Life Insurance with Sincerity" in Gyeongnam.

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On this day, Nonghyup Life Gyeongnam Headquarters presented a congratulatory bouquet to Park Sang-jin, the head of the cooperative who facilitated the first contract, and had a discussion about Nonghyup Life’s major initiatives and support plans for 2025.


‘Jinsimeul Dameun NH Whole Life Insurance’ is a revised product of the existing Smart Pay Whole Life Insurance. The death benefit (based on the basic insurance amount) increases by 3% annually, with a maximum payout of 160% of the insured amount. Only contracts that have completed the total payment of the basic premium are eligible for payment completion bonuses and long-term maintenance bonuses.


Additionally, it provides funeral support services in partnership with Nonghyup Sangjo, allowing both the policyholder and their family to enjoy benefits from Nonghyup Sangjo’s funeral service products. The product is available for subscription from ages 15 to 60 and can be easily purchased at nearby agricultural cooperatives.



Jung Dae-hong, Director of NH Nonghyup Life Gyeongnam Headquarters, said, “I feel especially meaningful that the first subscription of the new product was made at Masan City Nonghyup. We will strive even harder to become Nonghyup Life that provides excellent products and services satisfying agricultural cooperatives and farmers.”


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

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