Delivery workers who complete traffic safety education or install safety devices can receive discounts of up to 11% on their commercial transportation insurance premiums.
The Ministry of Land, Infrastructure and Transport and the Delivery Service Mutual Aid Association announced that they will increase the discount rate for the currently operating special provisions related to traffic safety from a maximum of 5% to 11%, encouraging voluntary safe driving efforts among delivery workers.
This measure aims to alleviate the financial burden of insurance premiums following the mandatory insurance enrollment for commercial transportation and to enhance incentives for safe driving.
Delivery workers who complete traffic safety education, which includes practical driving training, or install a digital tachograph (DTG) will see their discount rates increase by 5% each. The discount for those with a front license plate on their two-wheeled vehicles will also rise from 1.5% to 5%.
Each discount category can be applied cumulatively, allowing workers to benefit from a maximum insurance premium reduction of 11% solely from traffic safety-related discounts.
The expanded discount rates will apply to new contracts or renewals of the mutual aid association's commercial transportation insurance starting from the 21st. Existing policyholders can also receive discounts by enrolling in the special provisions.
The mutual aid association plans to launch a specialized product for driver injury support later this year, reflecting the nature of work that often results in serious injuries and immediate income loss during delivery-related traffic accidents.
It remains to be seen whether the expanded discount rates will reduce the financial burden on delivery workers while encouraging the installation of safety devices and participation in training.
* This article has been translated by AI.
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