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)
-
BLACKPINK star Jisoo tests positive for COVID-19, to miss world tour stop in Osaka
-
(URGENT) Seoul city sends alert to residents to prepare for evacuation after N. Korea's launch
-
Seoul city sends alert to residents to prepare for possible evacuation after N. Korea's launch
-
N. Korea fires what it claims to be 'space launch vehicle' southward: S. Korean military
-
Flights from typhoon-hit Guam to S. Korea to resume Monday: ministry
-
Fifty Fifty chart on Billboard Hot 100 for 10th week with 'Cupid'
-
BLACKPINK star Jisoo tests positive for COVID-19, to miss world tour stop in Osaka
-
(URGENT) Seoul city sends alert to residents to prepare for evacuation after N. Korea's launch
-
S. Korea slams N. Korea's planned satellite launch, warns of consequences
-
N. Korea fires what it claims to be 'space launch vehicle' southward: S. Korean military
-
Suspect in grisly Busan murder sent to prosecutors for further probe
-
Napoli's Kim Min-jae named Serie A's best defender, makes Team of the Season
-
Military continues salvage operation for North Korean rocket debris
-
(4th LD) S. Korea, U.S., Japan to operate system for sharing real-time N.K. missile warning data 'within this year': Seoul's defense chief
-
(LEAD) Military continues salvage operation for North Korean rocket debris