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Financial Supervisory Service Awards Promotion Idea Contest for Eradicating Insurance Fraud

The Financial Supervisory Service and the Life and Non-Life Insurance Association announced on the 11th that they held an awards ceremony for the anti-insurance fraud promotional idea contest.


A total of 98 entries were submitted in the video and poster categories, and seven winners were ultimately selected. The winning works will be used as joint promotional materials by the Financial Supervisory Service and related organizations next year, across various media such as YouTube, Instagram, and outdoor exhibitions and advertisements.


Financial Supervisory Service Awards Promotion Idea Contest for Eradicating Insurance Fraud Award-winning work of the Financial Supervisory Service Governor's Award. Provided by the Financial Supervisory Service.

The Grand Prize (Financial Supervisory Service Commissioner Award) in the video category was awarded to "Insurance Fraud is a Crime! You Cannot Escape Punishment (Hong Seontak)." The video was praised for its excellent message delivery by depicting patients inflating like balloons to represent the exaggeration of hospitalization costs.


A Financial Supervisory Service official said, "We appreciate the submission of promotional ideas through this contest that help the public empathize with the seriousness of insurance fraud and raise awareness," adding, "Insurance fraud causes insurance premium increases and is a representative financial crime that infringes on people’s livelihoods by increasing their economic burden. Continuous attention and action are necessary to eradicate it."


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