DB Life Insurance Launches "Health 100 My Choice Integrated Insurance"... Coverage Up to Age 100 for Healthy Customers

If You Remain Healthy Without Cancer, Stroke, or Acute Myocardial Infarction,
Coverage Extended with "No-Accident Maturity Extension Type"

DB Life Insurance announced on May 16 that it launched the "Health 100 My Choice Integrated Insurance" on May 12, which extends the coverage period for customers who maintain good health, without requiring additional premiums.

This new product automatically extends the insurance period to age 100 if the policyholder remains healthy without developing any of the four major diseases?cancer, stroke, acute myocardial infarction, or receiving a long-term care grade of 1 or 2?up to age 85. It is a "no-accident maturity extension type" product that guarantees coverage up to age 100 without extra premiums.

In particular, as Korea enters a super-aged society and the need for caregiving, health, and long-term care increases, the product is designed with related riders to help customers prepare for a secure retirement.

Depending on customer needs, the caregiver hospitalization rider allows policyholders to choose between 180 or 365 days of coverage, reducing gaps in the coverage period.

If the policyholder is assessed as having a long-term care grade of 1 to 3, a special rider provides monthly living expenses for life, alleviating the financial burden in old age.

Additionally, the company introduced the "Simple (355) My Choice Integrated Insurance," a simplified underwriting product that lowers the barrier to entry for customers with pre-existing conditions who have had difficulty obtaining insurance due to their medical history.

The head of DB Life Insurance's product development department stated, "We designed this product to provide tangible benefits at more reasonable premiums for healthy customers and to help them prepare for a more secure retirement through various riders such as caregiver and long-term care options," adding, "We will continue to develop products that meet our customers' health needs and requirements."