Ensuring Livelihood Stability and Building a Social Safety Net
On March 3, Seongju County in North Gyeongsang Province announced that it is taking the lead in ensuring residents' livelihood stability and building a robust social safety net by enrolling residents in the "Seongju County Residents' Safety Insurance," which compensates for damages from various accidents that may occur due to disasters or in daily life.
The Residents' Safety Insurance is automatically provided to all residents registered in Seongju County without the need for separate enrollment or premium payments, and it can be claimed in addition to any other personal insurance policies. Notably, this year four new coverage items have been added, expanding the total to 22 categories and increasing the maximum benefit to 20 million won.
The main coverage items include: ▲ Death due to natural disasters or social disasters ▲ Death or permanent disability caused by agricultural machinery accidents ▲ Medical expenses for injuries caused by wild animals ▲ Emergency room treatment costs for dog bite incidents. Policyholders can directly apply to the insurance company for compensation within three years of the accident by submitting the necessary supporting documents.
An official from Seongju County stated, "The Seongju County Residents' Safety Insurance is a welfare program that provides benefits to all residents who have suffered damages from sudden disasters or accidents," adding, "We will continue to operate the program effectively so that it can provide practical support for the safe daily lives of our residents."
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