insurance policies Archives

Insurance Policies Increasingly Popular Among Registered Foreigners

SEOUL, April 18 (Korea Bizwire) — Among the foreigners registered in South Korea, the share of those who subscribe to insurance policies has been on an upward trend and such foreigners showed a high preference for health insurance primarily due to concerns about illness, a report showed Sunday. The number of foreigners registered in South [...]

Pet Insurance Plans Widely Unpopular Despite Exorbitant Medical Charges

SEOUL, Aug. 31 (Korea Bizwire) — The subscription rate for pet insurance policies continues to languish at extremely low levels. The number of contracts for general insurance for dogs and cats stood at 33,621 as of late last year, which was merely 0.4 percent of the estimated number of all pets in the country (8.6 [...]