Most Koreans have more than one insurance policy
SEOUL, Sept. 28 (Yonhap) -- More than 9 out of every 10 South Koreans have more than one insurance policy, a survey showed Wednesday.
The survey on 1,200 South Korean adults released by the Korea Insurance Research Institute showed that 93.8 percent of people had individual life insurance coverage, down from 96.7 percent last year.
It also showed that 73.4 percent had individual life insurance while 76.2 percent owned individual non-life insurance.
The survey said that 81.8 percent of South Korean households had life insurance, while 88.9 percent had non-life insurance.
Still, South Koreans are reluctant to purchase life insurance through the Internet, though South Korea is one of the world's most wired countries.
Only 6.2 percent said they purchased insurance coverage through the Internet and 80.4 percent of the respondents said they had no experience in searching for insurance premiums or related information on the Internet, citing a lack of trust and their preference to have face-to-face meetings with life insurance agents.
The Korea Insurance Research Institute said that local insurers need to enhance public confidence in insurance information on the Internet.
entropy@yna.co.kr
(END)
-
Ateez to drop new Japanese EP next week
-
S. Korea to resume issuing short-term travel visas, e-visas next month
-
Gov't to significantly increase international flights to meet travel demand
-
(2nd LD) BTS wins three Billboard Music Awards, marking 6th year to win an award
-
Crypto investor probed over allegedly visiting house of Terraform's CEO
-
S. Korea to send condolence delegation to UAE over death of president
-
(LEAD) Yoon, PPP lawmakers travel to Gwangju en masse to commemorate 1980 democracy uprising
-
(URGENT) N. Korea says fever symptoms reported among more than 18,000 people Thursday alone amid COVID-19 outbreak
-
(LEAD) Presidential secretary resigns amid controversy over remarks on homosexuality
-
(3rd LD) N. Korea reports 6 COVID-19 deaths amid 'explosive' spread of fever
-
S. Korea to resume issuing short-term travel visas, e-visas next month
-
(LEAD) At least 8 injured in S-Oil refinery explosion in Ulsan: firefighters
-
At least 4 injured in S-Oil refinery explosion in Ulsan: firefighters
-
(2nd LD) 8 injured in S-Oil refinery explosion in Ulsan: firefighters
-
(3rd LD) N. Korean missile or nuclear test very possible during Biden's Asia trip: Sullivan