Storm and flood damage insurance subscription rate soaring, earthquake, hurricane preparation '

[Korea gimmingyeong financial newspaper News] recently has become popular, such as wind and water damage insurance is up to 10 million. Earthquake, hurricane damage last fall seems to be due to subsequent.

National Security Division is dwaetdago said last September 12 this year, February 13 is the aggregate number of storm and flood damage insurance cases from 99 961.

In particular, from September 1 this year until the end of January, the number of homes subscribe showed that 31% increase from the 6314 cases recorded last year 10 011 88 642 cases.

Greenhouse area also joined the same period surged 327% YoY to 42.7㏊ 182.5㏊.

In September last year, Gyeongbuk, Ulsan, Busan and South Gyeongsang Province suffered the earthquake and Typhoon Chaba, damage homes subscription rate was increased to 62%. Growth in Ulsan region amounted to 737%.

Safety Division is to be analyzed thus voluntarily joined the villagers suffered a disaster for insurance to join the surge of storm and flood damage insurance against the risks actively spiral.

The wind and water damage insurance is supported by the Government of 55-92% of total insurance premiums in the province to support the government policy. In some municipalities, such as jeonbukdo has also come forward to additional support for premium budambun residents.

Safety Division is described as "wind and water damage insurance is because they quickly decided to pay a stipulated amount of compensation items prior accident superior product than private earthquake insurance.



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