Yongin City Senior Voice Phishing Insurance Enrollment Tops 3,000

Free enrollment through November 30; compensation of up to 10 million won based on losses and policy terms
Prevention education at welfare centers and senior colleges with NH Nonghyup Bank and the Korean Senior Citizens Association

Yongin Special City in Gyeonggi Province said on November 12 that more than 3,000 people had enrolled in the Senior Voice Phishing Compensation Insurance program it launched with NH Nonghyup Bank.

Yongin Special City Mayor Lee Sangil (left) and NH Nonghyup Bank Yongin Branch Manager Park Jongbok (right) pose for a commemorative photo with senior citizen Song Nansun, the 3,000th person to enroll in the "Senior Voice Phishing Compensation Insurance." Provided by Yongin City.

Applications for free enrollment are open through November 30. If an enrollee falls victim to voice phishing, they can receive compensation of up to 10 million won, depending on the amount of the loss and the insurance policy terms.

In July 2026, Yongin City signed a business agreement with NH Nonghyup Bank and the Cheoin, Giheung, and Suji district chapters of the Korean Senior Citizens Association in Yongin to support older residents in enrolling in the insurance. Community welfare centers and senior colleges provided voice phishing prevention education and guidance on enrollment and compensation procedures. The city will continue to provide enrollment guidance with relevant organizations through the application deadline.

Song Nansun, 79, the 3,000th enrollee, said, "I was very worried because I often heard stories about people around me falling victim to voice phishing, but I feel reassured that I can enroll in the insurance for free. I will be even more cautious about calls and messages from people I don't know, and I want to tell my family and neighbors about the importance of preventing voice phishing."

A Yongin City official said, "Preventing voice phishing is more important than anything else, so we will provide guidance on prevention education and insurance enrollment and strengthen the financial safety net to protect older residents' retirement assets."

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