"Ensuring Safety in Daily Life"... 'Seocho Residents' Guardian Angel' Life Safety Insurance
Compensation for Natural and Social Disasters, Permanent Disability, and Injuries
Automatic Enrollment for Seocho-gu Residents, Premiums Covered by the District
Seocho-gu, Seoul (Mayor Jeon Seong-su) will implement the 'Seocho-gu Resident Life Safety Insurance' starting from the 1st of this month to protect residents from various risks that may occur in daily life.
The Seocho-gu Resident Life Safety Insurance was established to provide a compensation system for various natural disasters (floods, typhoons, etc.), social disasters (fires, explosions, etc.), and various safety accidents, to comfort affected residents and help them return to their daily lives quickly.
The coverage includes three types: ▲natural disasters (floods, typhoons, etc.), ▲social disasters (fires, explosions, etc.), and ▲other injury accidents (falls, entrapment, etc.). The compensation amounts are 10 million KRW for death caused by natural or social disasters, up to 5 million KRW for diagnosis of permanent disability, and 100,000 KRW per diagnosis unit for other injury accidents requiring more than 4 weeks of treatment.
Residents registered with an address in Seocho-gu, including registered foreigners, are automatically enrolled in the insurance without any separate procedures, and the insurance premiums are fully covered by the district. Insurance benefits can also be received in the same way if injuries occur in other regions.
The coverage period is from February 1 of this year to January 31 of next year, and compensation can be received concurrently with personal indemnity insurance as well as the Citizen Safety Insurance operated by Seoul City. Insurance claims must be submitted to the Seocho-gu Resident Life Safety Insurance Consultation Center within 3 years from the date of the accident for incidents occurring during the coverage period.
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Mayor Jeon Seong-su stated, “The Life Safety Insurance will be a reliable guardian angel that ensures the safety and stability of residents' daily lives,” and added, “The district will spare no effort to support residents who suffer damages so that they can fully benefit from the Life Safety Insurance.”
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