Insured group, insured, possibility of replacing personal loss during retirement from December – Sport trend

Employees who have joined the group insurance plan are eligible for individual insurance when they retire in the future. People who have lost their personal insurance may temporarily suspend the loss of their existing personal insurance if they automatically join the group room insurance automatically after joining the company.

On 28 January, the Financial Supervisory Commission and the Financial Supervisory Service announced the establishment of a link between the medical insurance for common rooms and personal accident insurance.

This is to ensure that the health insurance cover is maintained without interruption depending on the life cycle. Personal loss is a real loss insurance that the consumer adheres to through individual examination, and the group hand is a product that joins as a group at work.

Group and individual damage insurance If the link between insurance products is strengthened, it is possible to prevent people who joined the group room at the time of employment from not benefiting from the insurance. insurance coverage after retirement.

In this regard, the financial authorities have allowed employees who have joined the group room for more than five years to move to personal loss in one month. If you do not have a history of treatment for 10 diseases such as cancer, leukemia, hypertension and myocardial infarction, you can pbad to the bodily injury without examination.

However, at the time of conversion, the most similar personal loss sold by the insurer is replaced by the actual personal loss.

Beginning next month, it will be possible to stop the payment of existing bonuses and personal loss guarantees if individual subscribers lose redundancy in the meeting room for business or other reasons. This measure aims to avoid the double burden of insurance premiums.

If the retirement ends because of the loss of the hands of the group, the personal injury that was suspended can be resumed. The suspended personal loss will be taken back without examination and the guarantees such as the guarantee elements and the amount of the guarantee will apply in the same way as the personal loss before the suspension.

Consumers of financial products may request the reimbursement of their personal loss and their suspension from an insurance company dealing with personal and bodily losses.