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[Alpha Biz=(Chicago) Reporter Kim Jisun] Dongyang Life Insurance will reduce the coverage limit of nursing insurance.
Products that have lowered the limit on dementia at senior hospitals of nursing insurance will be sold at the request of the Financial Supervisory Service to reflect them immediately.
According to the insurance industry on the 25th, Tongyang Life Insurance's GA (Insurance Agency) sales channel announced on the 22nd that it would reduce the limit on dementia at the upper general hospital for nursing. The notice includes the phrase "request for immediate implementation by the Financial Supervisory Service," which is interpreted as the financial authorities ordering the industry to reduce nursing insurance coverage.
The notification includes specific instructions such as "Not to design two or more accounts today (22nd)," "Only existing subscriptions can be deposited by today," and "All written, mobile and electronic subscriptions can only be deposited by September 22." In other words, if you subscribe to nursing insurance starting this week, you will subscribe to a product with a smaller compensation limit than before.
An official of Dongyang Life Insurance replied, "It is true that the information has been announced."
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
