Toss Insurance introduced five "Lunar New Year Holiday Insurance Checkpoints" on February 11, recommending that people review them in advance to protect their health and daily life during the holiday period.
The Lunar New Year holiday is a time when people often travel long distances and there can be gaps in access to everyday services such as medical institutions, so simply reviewing your insurance coverage in advance can help reduce unexpected burdens afterward. First, it is worth checking your parents' insurance even if they are currently receiving hospital treatment or taking medication. It is easy to assume that people with pre-existing conditions cannot get insurance. However, there are insurance products for people with existing medical conditions, as well as plans for such customers within each insurer's standard (healthy) products, which can offer wider coverage and higher limits while lowering premiums. In particular, for parents' insurance, it is important to first consider why it is needed, such as whether it is sufficient compared to treatment costs or whether it fills any coverage gaps, rather than focusing only on whether they can enroll.
Second, it is advisable to check whether you are covered for "family personal liability in daily life." Damage to neighboring homes caused by water leaks while the family is away for an extended period, or accidental incidents caused by everyday carelessness, can be covered by a family daily life liability insurance policy. This coverage is often included as a rider in comprehensive insurance, driver insurance, or homeowners fire insurance. If you have moved in the past, you should also check whether your new address has been properly updated.
Third, for older insurance policies, you should review the level of coverage relative to premiums and check the basic management information. This is because they may not sufficiently reflect the current medical environment or medical cost levels, resulting in inadequate coverage for the premiums paid. You should confirm whether management information such as changes to automatic transfer accounts or cards, renewal dates, and changes in address or occupation has been accurately updated, and check whether there is any unnecessary overlapping coverage. Doing so will allow you to benefit more effectively from your insurance when needed.
Fourth, as car travel becomes more frequent, you should review the scope of coverage in both your auto insurance and driver insurance. With more long-distance driving, driver changes, and family members taking turns at the wheel, the risk of accidents increases accordingly. It is important to check whether the driver scope and age conditions in your auto insurance policy match the actual driving situation, and to make use of temporary driver riders where appropriate. Since criminal settlement payments, fines, and attorney fees can be covered by driver insurance, it is recommended to review the key coverage items and limits in these policies.
Lastly, given recent changes in the way indemnity health insurance claims are processed, it is helpful to familiarize yourself in advance with the procedures for filing claims. As the use of clinics and hospitals may increase after the holiday, understanding the indemnity insurance claim process beforehand can reduce confusion when you need to file. Recently, under the government-led digitalization of indemnity insurance claims, it has become possible to file claims without submitting paper documents through apps such as "Silsun24" (Indemnity 24), so it is advantageous to check in advance how to file claims with the relevant insurers.
A Toss Insurance representative said, "Simply reviewing your insurance coverage once before the Lunar New Year holiday can help reduce burdens after the holiday," adding, "We hope you will refer to these checkpoints carefully selected by our insurance experts, check whether you are prepared in a way that fits your own life situation, and enjoy a secure and reassuring holiday."
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