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Bancassurance refers to extensive sales of insurance products by financial institutions, such as banks, as an insurance agent or a broker for financial convergence and advancement of the financial industry, and convenience of consumers |
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KEB is also selling various insurance products, including pension insurance, savings insurance, traveler¡¯s insurance, and business comprehensive insurance. |
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Insurance Products of KEB |
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| Classification |
Description |
| Pension Insurance |
Pension insurance is life insurance promising to pay a fixed amount yearly or monthly when an insurant lives until his/her death or for a fixed period. |
| Long-term Savings Insurance |
As is a product satisfying savings and assurance at the same time, long-term savings insurance allows to arrange a sizable sum of money, such as marriage fund, housing fund, education fund and business fund, while being provided with assurance from disaster simultaneously. |
| Travel & Leisure Insurance |
Tour insurance compensates for all risks, such as physical accidents including bodily injury and diseases as well as damages to personal effects and compensation-responsible damages, that may occur from the time of leaving and returning a residential area for domestic and overseas tours, business trips and overseas linguistic study. |
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Various insurance products, such as general accident insurance, automobile insurance, security insurance and personalized insurance other than those insurances mentioned above. |
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Insurance products appropriate for a necessity of a customer may be purchased through consultation of our professional life bankers. |
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The best product can be purchased by comparing various insurance products of 13 affiliated life insurance/property and casualty insurance companies. |
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An emphasis on providing competitive products and excellent service to meet customer needs remains our basic business philosophy. |
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You can purchase Insurance products conveniently any time anywhere at a nearby KEB branch and through the Internet. |
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We provide opportunities for benefits of preferential services for prime customers. |
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We are committed to delivering security, quality and value. |
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Matters requiring Attention |
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In case of purchasing insurance in Korea by foreigners, a necessary document (any one of foreigner registration card, written facts on foreigner registration and passport, and domestic address registration certificate) must be furnished to purchase insurance. |
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Foreigners must pass the underwriting standards of an insurance company to purchase insurance. |
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