Dongyang Life Insurance Launches 'With Uri Guardian Angel Project' to Support Adolescent Single-Parent Families

On November 3, Dongyang Life Insurance announced that it had launched the ‘With Uri Guardian Angel Project’ to support the economic independence and emotional recovery of adolescent single-parent families, and donated 300 million won to the Holt Children’s Welfare Association.

The donation ceremony was held at Dongyang Life Insurance’s headquarters in Jongno-gu, Seoul. More than 10 representatives from both organizations, including Sung Daegyu, CEO of Dongyang Life Insurance, and Shin Misook, Chairperson of Holt Children’s Welfare Association, attended the event, marking the beginning of the journey toward self-reliance for adolescent single-parent families.

Adolescent single-parent families are those in which parents aged 24 or younger raise children while balancing school and livelihood. These families, who strive for independence despite financial burdens and social prejudice, require practical and ongoing support. In response, Dongyang Life Insurance has launched the ‘With Uri Guardian Angel Project’ to help adolescent single-parent families achieve economic independence and emotional recovery.

On the 3rd, at the Dongyang Life Insurance headquarters in Jongno-gu, Seoul, Sung Daegyu, CEO of Dongyang Life Insurance (left), is taking a commemorative photo after handing over a donation to Shin Misook, Chairperson of Holt Children's Welfare Association, during the 'With Our Guardian Angel Project' donation ceremony. Dongyang Life Insurance

Through this initiative, Dongyang Life Insurance plans to provide adolescent single-parent families with a comprehensive support program that goes beyond simple financial aid, including financial and economic education, assistance with parenting and future planning, psychological counseling for parents and children, and cultural experiences. In the first year of the program, 100 families will participate and receive various tailored forms of support. The goal is to offer practical and long-term assistance so that adolescent single-parent families can establish a stable foundation for self-reliance and successfully settle into society.

This project is especially meaningful as it marks the first joint social contribution initiative since Dongyang Life Insurance became part of Woori Financial Group in July and participated in the group’s signature public interest program, the ‘With Uri 17 Project,’ to realize the philosophy of ‘Building a Better Future Together.’

CEO Sung stated, “The With Uri Guardian Angel Project is more than just a donation; it is the beginning of a sustainable partnership that provides long-term support so that children and parents can grow together and plan for the future.” He added, “We will continue to realize inclusive growth, a core value of ESG (Environmental, Social, and Governance) management, and establish ourselves as a company that grows alongside the socially disadvantaged.”

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