Free Insurance offered to the foreign customers who remit through Korea Exchange Bank
Subject of Insured
Foreigners who remit US$500(or equivalent in amount of other currency) or more without being offered preferred exchange rate at KEB
Insured Period
1 month from 00:00 of the day after remittance day
Perils Covered
Accidental Death & Disability
Insured Amount
The insured Amount is defined as follows
Remittance
Amount
USD500~USD999
(Type A)
USD1,000~USD1,999
(Type B)
USD2,000~USD2,999
(Type C)
More than USD3,000
(Type D)
Insured Amt. KKRW 3 mil. KRW 5 mil. KRW 7 mil. KRW 10 mil.
* If the insured remit by the currency other than USD, Insured amount will be applied at the conversion rate of the currency to the USD.
Memorandum
Main Exclusion
Willful act of the insured
Self-injury of the insured, suicide, attempted suicide, criminal act or violence
Personal injury occurred to the insured who is a member of the crew of a vessel, a fisherman, a ferryman, or whose job is related with boarding vessels while the insured is aboard
All other exclusions described in "New Group Personal Accident Insurance(II)" policy by Samsung Fire & Marine Insurance Co., Ltd.
Governing law / Jurisdiction: KOREA
Phone number: +82-1588-5114