"If No Accidents, Insurance Premium Refunded"... Samsung Fire & Marine Introduces Car Insurance 'No Accident Refund' Special Contract

10% Premium Refund for No Accidents

On the 16th, Samsung Fire & Marine Insurance announced the launch of the 'No-Accident Refund Rider' for its One-Day Auto Insurance to provide tangible benefits to customers who drive safely.

This rider allows customers to receive a refund of 10% of the paid premium, up to a maximum of 30,000 KRW, if no accidents occur during the insurance period. Notably, this rider is automatically applied to all Samsung Fire & Marine Insurance One-Day Auto Insurance policyholders without any separate subscription request or additional premium payment.

Samsung Fire & Marine Insurance's One-Day Auto Insurance is a short-term auto insurance that can be purchased for a minimum of 6 hours up to a maximum of 10 days when temporarily driving someone else's vehicle or a rental car. Anyone holding a driver's license can subscribe even without owning a vehicle under their name. It is popular among the 20s and 30s generation who mainly use shared vehicles such as rental cars and car-sharing services. The One-Day Auto Insurance can be easily subscribed to via mobile through Samsung Fire & Marine Insurance Direct's 'Chak' application and website. The No-Accident Refund Rider will be applied starting from contracts with coverage beginning on the 23rd.

A Samsung Fire & Marine Insurance representative stated, "This product was planned to provide benefits to customers who drive safely and to reduce social costs caused by automobile accidents," adding, "We will continue to launch various products that can contribute to customers and society."