Is incomplete because many life insurance sales

[Korea gimmingyeong financial newspaper reporter] is incomplete sales of consumer insurance complaints coming to each year up to 6000, the situation appeared to be particularly life insurance complaints soar.

The Financial Supervisory Service (FSS) 13 days Political Affairs Committee, submitted to the National Assembly, with Democrats Park, Yong - Jin 'inadequate description of insurance products (incomplete sales) complaints, complaints, according to data of the last five years amounted to a total of 29 943 cases.

Insurance civil cases has decreased 1473-1925 2012 cases. Life insurance cases, while complaints have increased from the same period of 4576 3984 cases.

Incomplete sold the highest number of complaints the company had a number of Samsung Life Insurance (2936 cases) and Samsung Fire & Marine Insurance (1359 cases). Industry insiders naenwatda analysis of "case because Samsung Life and Samsung Fire & Marine Insurance subscribers are most often civil cases will also increase accordingly.

Non-life insurers are △ Hyundai (1354 cases), △ Dongbu Insurance (1281 cases), △ KB Insurance (939 cases), △ Meritz (893 cases) it showed generally high enough to order a large-scale industry complaints.

In the case of life insurers △ Orient (2520 cases), △ KDB Life (2328 cases), △ Kyobo Life (2044 cases), △ Hanwha Life (1924 cases) were in the order.

This trend is because life insurance products that are sold to major life insurers. Sign up long-term products often compared to a large non-life insurers saw no choice but civil generating elements.

Life insurance variable life insurance products are sold on a lot of complaints also contributed to the increased rate. Variable life insurance is a big risk of loss of principal because the product yield depends on the investment. Insurance industry officials, it is important to know how much insurance cases pay the complaint is not so much the problem is simply a lot of complaints' he said.



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