Woongjin Preed Life Joins Forces with Samsung Life Insurance to Launch 'Health Care Service'

Expanding Life Care Services into Health and Caregiving

Woongjin Preed Life said on the 21st that it had signed a memorandum of understanding (MOU) with Samsung Life Insurance at its headquarters in Jung-gu, Seoul, on the 20th for a comprehensive business partnership.

Through the agreement, the two companies plan to work together in various areas, including developing collaborative service products, joint marketing and promotions, and designing customer benefits.

Woongjin PreedLife signed a memorandum of understanding (MOU) with Samsung Life Insurance for a comprehensive business partnership at its headquarters in Jung-gu, Seoul, on the 20th.

The companies plan to launch their first joint service, a health care service, as early as late October. Woongjin Preed Life expects the service to ease the burden of care traditionally shouldered by families by providing step-by-step support, from routine health management to care following a diagnosis of a serious illness.

The company said that by expanding its life care services and infrastructure into health and caregiving, it has moved a step closer to a total life care platform that serves customers throughout their lives.

Moon Ho-sang, CEO of Woongjin Preed Life, said, "With two leading companies in prepaid funeral services and life insurance joining forces, we will use the health care service as a starting point to provide high-quality services that customers can truly appreciate."

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