KBW Explainer | Living Off Your Death Benefit: How Korea’s New Insurance Model Redefines Retirement

Related: Korea to Introduce First-Ever “Life Insurance Pension” Allowing Policyholders to Receive Death Benefits While Alive Understanding the Policy Shift Beginning October 30, South Koreans will be able to access a portion of their life insurance death benefits while still alive — transforming a traditionally posthumous payout into a living financial asset. The Financial Services Commission [...]