Financial Authorities: "Prompt Insurance Payment for Fire Damage at 2nd Gyeongin Soundproof Tunnel"

Establishment of a Rapid Compensation Center at the Life and Non-Life Insurance Associations

[Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] Financial authorities have decided to support the prompt payment of insurance claims related to the fire accident at the soundproof tunnel near Bukuiwang IC on the Second Gyeongin Expressway that occurred on the 29th of last month.

The Financial Services Commission and the Financial Supervisory Service announced on the 3rd that they have established a compensation system to ensure the swift payment of insurance claims to victims and injured parties of the soundproof tunnel fire accident.

The financial authorities stated, "A rapid compensation center will be set up at the Life and Non-life Insurance Associations to verify the insurance subscription status of victims and facilitate prompt insurance payments," adding, "We will respond meticulously to ensure that those affected by the accident do not experience any inconvenience regarding insurance claim submissions and payments."

Insurance subscription details can be checked through the Financial Supervisory Service's financial consumer information portal 'Fine' or the Life and Non-life Insurance Associations' 'Find My Insurance' service. Additionally, confirmation is available via phone consultation with the Life and Non-life Insurance Associations.

Earlier, at around 1:49 PM on the 29th of last month, a fire broke out in a 5-ton waste transport truck passing through the soundproof tunnel on the Galhyeon Overpass heading toward Seongnam on the Second Gyeongin Expressway in Galhyeon-dong, Gwacheon-si, Gyeonggi-do. As a result, 600 meters of the total 830-meter-long soundproof tunnel were burned. This incident caused 5 deaths and 41 injuries.