Heungkuk Life Insurance Launches Surgery Rider with Benefits Varying by General Anesthesia Duration

Heungkuk Life Insurance announced on the 10th that it has released new riders, including a general anesthesia surgery rider that differentiates the benefit amount according to the duration of general anesthesia.

The newly introduced general anesthesia surgery rider is a surgery coverage product that pays different benefit amounts depending on the duration of general anesthesia. If the insured undergoes surgery under general anesthesia at a general hospital due to illness or accident, up to 1 million won is paid when the anesthesia time is 2 hours or longer, 5 million won is paid for surgery lasting 3 hours or longer but less than 5 hours, and up to 10 million won is paid for surgery lasting 5 hours or longer.

Coverage levels are further enhanced if the surgery under general anesthesia is performed at a tertiary general hospital. In that case, 6 million won is paid for surgery lasting 3 hours or longer but less than 5 hours, and up to 10 million won is paid for surgery lasting 5 hours or longer.

This coverage can be obtained through the following riders: (Non-dividend) General Hospital Illness and Accident General Anesthesia Surgery Rider (2 Hours or Longer), (Non-dividend) General Hospital Illness and Accident General Anesthesia Surgery Rider, and (Non-dividend) Tertiary General Hospital Illness and Accident General Anesthesia Surgery Rider.

At the same time, the company also launched the "(Non-dividend) N Major Diseases Surgery Rider." It departs from the previous limited structure focused on surgery benefits for 2 or 3 major diseases and significantly expands the surgery coverage into 9 groups and 130 diseases. In particular, by broadening the coverage scope around 62 high-frequency diseases, it allows coverage even for relatively minor disease surgeries, including 12 types of benign tumors as well as respiratory and otorhinolaryngologic conditions.

A Heungkuk Life Insurance official said, "We have prepared coverage that customers can tangibly feel through a differentiated benefit structure that reflects the duration of general anesthesia and the actual difficulty of surgery," adding, "We will continue to introduce protection products that reflect changes in the medical environment and surgery trends."

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