Unlock Exclusive Savings: Hanwha Life Insurance Introduces H10 Health Insurance for Low-Risk Customers
Hanwha Life Insurance Launches H10 Health Insurance for Low-Risk Customers
Premiums are approximately 12% lower than existing company health insurance
Hanwha Life Insurance has launched ‘Hanwha Life H10 Health Insurance’, a new product designed for customers with no history of hospitalization or surgery within the past 10 years. This insurance plan offers premiums that are approximately 12% cheaper than before, making it an attractive option for those with mild symptoms or a clean bill of health.
The development of this product reflects the growing trend of insurance consumers with no history of hospitalization or surgery within 10 years, thanks to advances in medical technology and increased interest in health management. Hanwha Life Insurance H10 Health Insurance expands the period of hospitalization and surgery to the last 10 years during the application screening, resulting in lower premiums.
There are two types of applications available: the ‘Easy Application Type (10 years)’ for patients with mild symptoms, such as menopause, and the ‘Health Application Type (10 years)’ for customers who want to prepare comprehensive health insurance in advance while they are healthy. Both types guarantee benefits that are in high demand from customers, including diagnosis, hospitalization, surgery, and treatment of major diseases, as well as cancer treatment costs and caregiver support.
This product is designed to be customized to the coverage desired by the subscriber and is non-renewable with no increase in insurance premiums. Additionally, customers can choose the 3 major disease premium exemption rider, which provides premium exemption when diagnosed with common cancer, stroke, or acute myocardial infarction.
Koo Chang-hee, head of the product development team at Hanwha Life Insurance, stated that the company expects H10 Health Insurance to be well-received by insurance consumers with mild symptoms or good health, as they can receive various coverages at a lower price than existing products.