iMLife Offers Special Financial Support for Customers Affected by Heavy Rain Damage

iMLife announced on July 29 that it will implement a "Special Financial Support Service" to assist customers affected by recent heavy rains and typhoons in quickly returning to their daily lives and recovering from disasters.

This measure is a proactive response by iMLife to fulfill its role as a financial safety net and to alleviate customers' financial burdens caused by unexpected property and personal losses due to abnormal weather events.

The support includes practical financial benefits such as ▲deferred payment of insurance premiums and insurance policy loan principal and interest ▲waiver of additional interest on overdue interest ▲early payment of insurance claims.

Exterior view of iM Financial Center.

Deferred payment of insurance premiums is available until December 31 of this year from the date of the damage, and coverage specified in the subscribed insurance policy will remain in effect during the deferment period.

For insurance policy loans, repayment of principal and interest can be deferred for a certain period, and additional interest on overdue interest will also be waived. If an insurance claim related to heavy rain damage is filed, up to 50% of the estimated insurance benefit can be paid in advance.

This special financial support will be applied retroactively from July 22 and will be implemented until the end of this year. Customers who have received a decision for disaster recovery funding from the government or local authorities can apply by submitting a "Disaster Damage Confirmation" through the iMLife call center.

Kang Heejung, Head of Customer Service at iMLife, stated, "We would like to express our deepest sympathy to customers experiencing difficulties due to sudden natural disasters," and added, "iMLife will stand with our customers by providing practical financial support to help them recover their daily lives as soon as possible."

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