NH Nonghyup Life Launches Campaign to Help Customers Recover Their Assets

NH Nonghyup Life announced on the 28th that it will conduct the "Customer Asset Recovery Campaign" to notify customers of unclaimed insurance benefits and other assets.

[Asia Economy Reporter Oh Hyung-gil] NH Nonghyup Life Insurance announced on the 28th that it will conduct a 'Customer Asset Recovery Campaign' to inform customers about unclaimed insurance benefits.

The campaign targets refund payments or insurance benefits that remain unclaimed even after the expiration of the claim period for matured or lapsed (canceled) insurance contracts, as well as pensions not received after the start of pension payments and insurance benefits not received after maturity.

Applications for payment can be made through the Nonghyup Life Insurance website, by phone, or in person, and payments can be received after identity verification. When applying by phone, payment is made after confirming the registered automatic transfer account and completing identity verification via ID and mobile phone, with additional authentication requirements possibly applied for payment amounts exceeding 5 million KRW.

An NH Nonghyup Life Insurance official stated, "We plan to actively recover dormant customer assets through various methods such as sending notification letters, phone guidance, utilizing guidance systems during customer transactions, and automatic payment of small dormant insurance benefits."