Kyobo Life Insurance Expands Customized Support for Vulnerable Groups at Risk of Going Missing and Social Workers

Kyobo Life Insurance announced on the 28th that it is expanding customized support programs to protect vulnerable groups at risk of going missing, such as children, people with disabilities, and dementia patients, as well as to improve the welfare of social workers, in order to strengthen the social safety net.

On the 5th, Kyobo Life Insurance signed a business agreement with the Seoul Metropolitan Police Agency to promote the activation of pre-registration for missing person prevention. Under this agreement, policyholders of children's insurance or dementia insurance who complete the pre-registration process-including fingerprinting for missing person prevention-will receive a monthly insurance premium discount of 1 to 1.5 percent. The pre-registration system, which involves registering the fingerprints, photos, and guardian contact information of at-risk individuals in advance, is a key safety net that can reduce the average time to locate a missing person from around 90 hours to approximately 1 hour.

To expand pre-registration, Kyobo Life Insurance will strengthen its on-site guidance system centered on its financial planner (FP) organization. Next month, 80,000 informational leaflets will be distributed to exclusive FPs nationwide, so that during customer visits and consultations, FPs can provide detailed guidance on the pre-registration process to households with children, people with disabilities, or dementia patients, and directly assist families who have difficulty completing registration.

Jodaekyu, CEO of Kyobo Life Insurance (left in the photo), and Park Jungbo, Commissioner of the Seoul Metropolitan Police Agency, are posing for a commemorative photo after signing an agreement at the "Seoul Metropolitan Police Agency-Kyobo Life Insurance Business Agreement Ceremony for the Activation of Pre-Registration for Missing Person Prevention," held on the 5th at the Seoul Metropolitan Police Agency in Jongno-gu, Seoul. Kyobo Life Insurance

In July, Kyobo Life Insurance signed a financial business agreement with the Korea Association of Social Workers and has since been providing financial, healthcare, and educational services to 100,000 social workers nationwide. Social workers are key personnel who care for the socially vulnerable at the closest level, and Kyobo Life Insurance believes that improving their welfare has a direct impact on the level of care and the strength of the safety net in local communities.

Major services provided include mandatory legal training and customer service education (Darwin Service), retirement planning and financial planning seminars, discounts at Kyobo Bookstore and Hottracks, as well as remote medical consultations and hospital appointment coordination services. Insurance premium discounts are available up to a maximum of 1.5 percent.

Since 2002, Kyobo Life Insurance has consistently carried out activities for the socially vulnerable and future generations through the Kyobo Dasomi Social Volunteer Group, including the "Dream Goblin Project" to support the growth of protected children, the "Wow Dasomi Sound Light" project for children with hearing impairments, and the Kyobo Life Cup Youth Sports Competition. These activities reflect Kyobo Life Insurance's management philosophy that a company should not merely pursue profit, but also fulfill its social responsibilities as a corporate citizen.

A Kyobo Life Insurance representative stated, "Protecting vulnerable groups at risk of going missing and supporting social workers are critical tasks for strengthening the safety and care systems in local communities," adding, "We will continue to expand our role as a corporate citizen contributing to the establishment of a social safety net where the socially vulnerable can live safely."

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