Hana Bank Launches Sale of Mirae Asset Life’s "Guaranteed Performance Dividend Insurance"... "First in the Banking Sector"

Available Exclusively Through IRP Accounts Starting September 1

Mirae Asset Life Insurance announced that it has signed a business agreement with Hana Bank and, beginning on the 1st, will sell the exclusive "Guaranteed Performance Dividend Insurance for Individual Retirement Pension (IRP)" at Hana Bank branches nationwide.

Mirae Asset Life Insurance and Hana Bank held a "Business Agreement Ceremony for the Sale of Guaranteed Dividend Insurance" at Hana Bank's building in Euljiro, Jung-gu, Seoul, and decided to expand supply through bank counters. From the left, Sunpyo Jeon, Head of Pension Sales at Mirae Asset Life Insurance, and Youngsoon Cho, Head of Pension Business Division (Executive Vice President) at Hana Bank, are posing for a commemorative photo. Mirae Asset Life Insurance

According to Mirae Asset Life Insurance, this product combines the investment performance of a performance-based product with the stability of pension payments and is being offered for the first time by a bank.

This is a lump-sum deposit product that can only be subscribed to through an Individual Retirement Pension (IRP) account. Customers who are at least 50 years old can join by depositing the reserve amount at once. After the age of 55, the pension can be received at any desired time, and for those over 55, it is possible to begin receiving the pension immediately upon subscription.

The product is designed so that the principal deposited at the time of subscription is paid out in installments over 20 years, guaranteeing pension payments for 20 years even if there are investment losses. On the other hand, if investment performance is favorable and there is still a reserve after 20 years, pension payments will continue until the funds are fully depleted.

An official from Mirae Asset Life Insurance said, "The guaranteed performance dividend insurance is focused on alleviating customer anxiety over market downturns by combining the long-term and diversified investment effects unique to variable insurance with a guarantee of pension payments."

A Hana Bank representative stated, "Through Mirae Asset Life Insurance's guaranteed performance dividend insurance, we aim to provide a new alternative to middle-aged and retired customers who wish to maintain their mid- to long-term goals even amidst market volatility."

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