Dongyang Life has introduced a mini insurance product that covers heat and cold-related illnesses for a premium starting at 100 won.
The company announced on August 3 the launch of the ‘(Non) Our WON Mini Climate Illness Coverage Insurance.’
This product provides a 100,000 won payout for diagnoses of heat-related illnesses such as heat stroke, sunstroke, and heat exhaustion during the summer, as well as cold-related illnesses like frostbite and hypothermia during the winter.
The insurance term is one year, and the premium is paid in a single lump sum. Individuals aged 20 to 70 can enroll. For a 40-year-old, the premium is 130 won for men and 150 won for women, providing coverage for one year after a single payment. The product can be purchased at Dongyang Life's nationwide branches and through exclusive agents.
A representative from Dongyang Life stated, “As heatwaves and cold snaps become more frequent, climate-related illnesses have become a common risk for everyone. We will continue to introduce lifestyle-oriented products that reflect changes in climate and living environments.”
Currently, Dongyang Life also offers mini insurance products that cover influenza, benign tumor removal surgery, hypertension, diabetes, and traffic accidents.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.