Samsung Life Launches 'Popcorn Savings Insurance Season 2'

Enhanced Travel and Monimo Benefits

Samsung Life Insurance announced on the 18th that the 'Samsung Popcorn Savings Insurance,' which was launched last year and surpassed 20,000 subscriptions, is starting Season 2.

The Samsung Popcorn Savings Insurance broke the mold of traditional insurance products with complex structures and long-term commitments, allowing anyone to easily subscribe without burden and accumulate target funds in a short period, gaining great popularity among customers.

Season 2 maintains these advantages while adding benefits of a 'combo product.' In Season 2, customers can choose to subscribe to either the 'Jelly Combo' or the 'Travel Combo' according to their funding goals. It is also possible to subscribe to both at once, providing an opportunity to efficiently prepare funds for different purposes.

The 'Jelly Combo' focuses on the Monimo Special Jelly benefits. Upon mission success, more special jelly is provided than in Season 1. Customers who subscribe to the 'Travel Combo' receive practical coupons usable for travel, ranging from a minimum of 10,000 KRW to a maximum of 25,000 KRW depending on the amount, making it excellent for preparing travel funds.

Samsung Popcorn Savings Insurance Season 2 is an exclusive product on Samsung Financial Networks' integrated platform 'Monimo.' It can be easily subscribed through the Monimo application. The subscription age ranges from 20 to a maximum of 65 years old. The basic monthly premium can be selected from 50,000 KRW, 100,000 KRW, 150,000 KRW, or 200,000 KRW. If needed, an additional payment of 50% of the monthly basic premium can be made once a week (up to 24 times).

The interest rate of 3% per annum applies to the basic premium, and an additional interest rate is applied to the additional premiums based on the number of additional payments. For example, if the weekly additional payment challenge is achieved for a total of 24 weeks, an 8% annual interest rate applies to all additional premiums.

A premium prepayment function has also been added. Premium prepayment can be applied for at the initial subscription. It is possible to prepay for the remaining 5 months of the payment period. A 3% annual interest rate applies to the prepaid premiums.

A Samsung Life Insurance official said, "Season 2 is an upgraded product that adds benefits with two combo products to Season 1, which realized the vision of 'insurance beyond insurance.' Samsung Life Insurance will continue to introduce innovative products and services to provide customers with unique financial experiences."