Government covers 55% to 100% of storm, flood and earthquake disaster insurance premiums — guidance ahead of the rainy season and typhoons
Source material is a Korean government announcement (in Korean).
For storm, flood and earthquake disaster insurance taken out ahead of the rainy season and typhoons, the government covers 55% to 100% of the premium. You can ask about taking out a policy on 044-205-5990 to 044-205-5996 or through the National Safety 24 website.
Key facts
| Insurance covered | Storm, flood and earthquake disaster insurance |
|---|---|
| Government share of premium | 55% to 100% |
| Enquiry phone number | 044-205-5990 to 044-205-5996 |
| Where to enquire | National Safety 24 website |
Last checked:
Guidance has been issued on taking out storm, flood and earthquake disaster insurance ahead of the rainy season and typhoons. The government covers 55% to 100% of the premium for storm, flood and earthquake disaster insurance. You can ask about taking out a policy by calling 044-205-5990 to 044-205-5996 or through the National Safety 24 (국민안전24) website.
Summaries below are factual notes based on government announcements and primary sources — not evaluations or opinions.
FAQ
How much of the premium is covered for storm, flood and earthquake disaster insurance?
The government covers 55% to 100% of the premium.
Where do I ask about taking out a policy?
You can ask about and take out a policy by phone on 044-205-5990 to 044-205-5996 or through the National Safety 24 website.