"Diagnosis Coverage Isn't Enough"... Tongyang Life Insurance Launches 'Dunden Treatment Expense Insurance'

On September 1, Tongyang Life Insurance announced the launch of its new product, the “(Non-participating) Woori WON Haneun Dunden Treatment Expense Insurance,” which provides comprehensive coverage for diseases and accidents, spanning from examination and diagnosis to surgery and treatment.

The “(Non-participating) Woori WON Haneun Dunden Treatment Expense Insurance” enhances coverage for a range of medical expenses that may arise throughout the actual treatment process, starting from the onset of an illness, unlike existing high-amount coverage products that primarily focus on the diagnosis and treatment of major diseases such as cancer, brain, or heart conditions.

This product offers annual coverage of 50,000 won each for one MRI (magnetic resonance imaging) and one CT (computed tomography) scan per year. In the event of a severe injury due to an accident, it provides up to 2 million won depending on the policyholder’s enrollment type.

Additionally, coverage for large medical expenses incurred during critical treatment processes has been strengthened. For hypothermia treatment, up to 7 million won is provided; for treatment in a general hospital’s intensive care unit, up to 5 million won is covered. If the insured undergoes surgery under general anesthesia for more than three hours in a general hospital, up to 3 million won is paid, and up to 7 million won for the same procedure in an advanced general hospital. The insurance also supports up to 15 annual rehabilitation sessions after treatment, with a maximum of 70,000 won per session, enabling broad support from the occurrence of an accident through to recovery.

A representative from Tongyang Life Insurance stated, “A key feature of this product is that it helps customers manage annual recurring medical expenses, instead of only providing one-off, large-sum coverage for specific diseases or diagnoses.” The representative added, “We will continue to diversify and segment our product offerings to meet various customer needs, expand choices, and further strengthen our product portfolio to increase the practical value of coverage.”

This content was produced with the assistance of AI translation services.