And [South Korea gimseunghan financial newspaper reporter] insurers stopped or reduced the insurance premiums paid cards from last year, but rather increasing the premiums paid card.
According to the 18th card to pay premiums for the insurance industry last year, life insurance companies increased by 11.9% from 1.9597 trillion won compared to the previous year to 2.1922 trillion won.
The ratio of the total premiums paid card debit account is 3%, paid agents, cashew room rangdeu still insignificant or premiums paid cards proportion than has been increasing every year.
The high proportion of payment cards showed a liner life. Life of Linus card payment performance accounted for 36% of total premiums paid 574 billion won to 694 billion won △ △ 2014 years has steadily increased each year to 622.1 billion won in 2015. Following Shinhan Life Insurance 458.4 billion won, a 289.7 billion won net AIA Group Limited.
According to industry insiders, "but other companies are likely to have reduced in size as a credit card payment fee issue, liner life is respect for the customer to choose a variety of payment methods," he said. He added that "places a high premium income, such as Samsung Life will not come this problem seriously approached for medium and small insurers may be charged a burden."
In addition, it is also a slight increase KDB Life credit card payment rate. KDB life began to collapse in April last year, the card payment card payment scale was discontinued in September from fully. And the movement of KDB Life is to reduce the size card payment is contradictory results.
Why insurers reduce premiums paid card payment is due to the high card fees paid. Unlike pure protection-type insurance Endowment insurance dolryeojwoya back at maturity if the customer has paid the premium. But with the prolonged low interest rate environment hagieneun pay a card fee of up to 2% to 3% in the insurance admission it is bound to be a loss in revenue aspects. This reason that they have resulted in insurers struggling to asset management stopped paying premiums paid cards or allow only specific card products.
According to the disclosure Korea Life Insurance Association, Hanwha Life currently 25 insurance companies, Allianz Life, Kyobo Life, KDB Life, IBK pensions, ING Life, including nine saga insurance and without the payment credit card, KB Life Insurance, MetLife Life, etc. 4 dog insurance is available from the payment of any premium card products.
In addition, Samsung Life has been only for a specific card to be only pure protection-type and TM only, and only applies to Internet-only products to reduce the payment card payment scale.
The card industry has an atmosphere that acknowledges how much the insurance company paid card limit.
It is one kadeueop officials to "pay insurance premiums cards from the same principle to pay the savings to the card. As a result of popular card and use it to encourage people naturally insurance payment cards also think that card payment is possible "and" to pay insurance card is simply intended for the convenience of guests and revenue is not relevant, "he said.
Another official said, "The pay savings insurance card to a form that is received onto a goddess. Life insurance and protection-type insurance is understood that some insurers allow savings insurance payment cards, but you can pay by card because the interest will incur costs in boheop industry perspective, "he said.
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