Postal Savings

Convenient insurance payments

• The grace period for premium payments is two months, one month longer than other insurance companies, and premiums can be conveniently paid at approximately 3,300 post offices distributed nationwide. Premium payments can also be made through the e-Post life website or app, and post office ATMs.
  Benefits include automatic premium deduction through post office or bank accounts, and premium discounts for cases meeting specific criteria, such as households with two or more children when enrolling minor children as the insured.

Convenient loan programs

• To prevent insurance contracts from lapsing or being terminated due to policyholders' financial difficulties during the insurance period, a small loan system is operated allowing policyholders to secure necessary funds using the surrender value as collateral. The loan limit is within 95% of the contract's surrender value (varies by insurance type), and the current base interest rate is 4.00%, lower than other financial institutions. Customers can repay loans anytime by visiting post offices directly or through the Post Office Insurance website or app.

Guarantee of Quality

• Unlike deposit products such as savings accounts, insurance products are complex, and customers sometimes enroll in products different from their original intentions.
  To prevent this, staff are required to explain essential information including key product features when customers want to purchase insurance.
  If sales staff fail to follow this procedure, the policyholder can cancel the contract within three months from the date of establishment. Additionally, to protect policyholders' rights, key management status, financial conditions, and risk management are officially disclosed annually.

Return of profit to our subscribers

• We have been paying dividends since 1995 to return profits from our businesses for the promotion of image as a public insurance enterprise, and to adapt to changing financial market such as; opening of financial market to international investors and flexible interest rates.
  The dividends are accumulated in each payment period and paid in lump sum at the end of contracts, for insurance contract period over two years.
  The dividend payout rate is determined by considering result of operation in each year and domestic/international financial environment.

Product Overview

• Postal Insurance protects family happiness through reasonable premiums and reliable coverage.
  It currently offers 49 insurance products, including 6 pension insurance products for comfortable retirement, 4 savings insurance products for specific fund accumulation, 4 actual expense insurance products to reduce medical cost burden, 11 health and cancer insurance products for healthy living, 2 accident coverage insurance products for unexpected accidents, 6 death coverage insurance products that cover both death and survival, 7 online-exclusive insurance products that can be easily purchased through internet and mobile, and 6 public interest insurance products.
  

<List of Products>

• (NP) Postal Reliable Whole Life Insurance
• (NP) Postal Hanaro OK Whole Life Health Insurance
• (NP) Postal Essential Term Insurance
• (NP) Postal Integrated Health Insurance
• (NP) Postal Diabetes Relief Insurance
• (NP) Postal Wide Health Insurance
• (NP) Everrich Accident Insurance
• (NP) Postal Seatbelt Insurance
• (NP) Postal Health Clinic Insurance
• (NP) Postal New 100-year-old Health Insurance
• (NP) Postal Cancer Care Insurance
• (NP) Postal Dental Insurance
• (NP) DIY hope Insurance
• (NP) Postal Dementia Care Insurance
• (NP) Postal More Reliable Children Keeper Insuranc
• (NP) Postal Simplified Health Insurance (325)
• (NP Postal Easier Health Insurance (355)
• (NP Postal Easier Health Insurance
• (NP) Postal Nursing Care Expense Insurance
• (NP) Postal Indemnity Medical Expense Insurance
• (NP) Postal Indemnity Medical Expense Insurance (For Policy Conversion)
• (NP) Postal Simplified Indemnity Medical Expense Insurance
• (NP) Postal Senior Indemnity Medical Expense Insurance
• (NP) Postal Online Cancer Insurance
• (NP) Postal Online 3 Major Diseases Insurance
• (NP) Postal Online Children’s Insurance
• (NP) Postal Online Children’s Insurance
• (NP) Postal Online Hospitalization and Surgery Insurance
• (NP) Postal Online Comprehensive Health Insurance
• (NP) Postal Online Dementia Care Insurance
• (NP) Green Bonus Savings Insurance Plus
• (NP) Power Savings Insurance
• (NP) Comprehensive Conversion Rider
• (NP) Postal Online Savings Insurance
• (NP) Postal Annuity Insurance
• Postal Annuity Insurance
• (NP) Postal Online Annuity Savings Insurance
• Postal Annuity Savings Insurance
• (NP) Postal Annuity Savings Insurance (Transfer Type)
• (NP) Postal Personal Annuity Insurance (Transfer Type)
• (NP) Postal Nareumi Safety Insurance
• (NP) Shoulder-to-Shoulder Insurance Type
• (NP) 10,000 Won Happiness Insurance
• (NP) Postal Korea Mom Insurance
• Shoulder-to-Shoulder Annuity Insurance
• (NP) Youth Dream Insurance
• (NP) Win-Win Group Plan Insurance
• (NP) Postal Group coverage Insurance
• (NP) Postal Savings Affiliated Insurance

※ (NP) : Non-Par