[Korea Kim Ui-seok financial newspaper reporters - a problem which was a long period of unpaid claims suicide controversy should now stop to grab a grand finale. Hanwha life is open three days a board of directors that decides on 'suicide claims not paid in full. Kyobo Life Insurance, the last 'white flag surrender, followed by Samsung Life Insurance. This war of the Financial Supervisory Service and the Life Insurance Big Three Sagan surrounding suicide, the insurance is paid Shem virtually ended with the victory of fact, the financial authorities. One representing the interests of policyholders Financial Supervisory Service said geureogie was correct but also declared the "happy ending" this controversial suicide unpaid claims can be left a few problems or challenges did seokyeonchi.
The first indication that a problem with the rationale and fairness of the sanctions. In fact, at the outset of this case began mistake made insurance policy. Since the disaster killed ensure riders are not included from the beginning of the mortgage insurers and suicide it did not receive the corresponding premiums. However, coverage is the nature of a mutual. Several people pay the insurance premiums shall be paid to those who need this insurance. Suicide is because insurance can also result in raising the burden of other insurance policyholders to pay even though not as much as the riders disaster insurance.
In addition, most of the insured to the insurer stands in comparison to the economy Bona, Bona insurance knowledge. Consumers believe that the terms of the insurance professional insurance, I believe it will obey, contracts and pay insurance premiums. So, look at a customer's perspective insured by insurance companies also violated that promise to unilaterally establish an appointment between each other, so short of showing the look you want to avoid responsibility is why the Supreme Court has no choice but to trust falls. Of course, there is no legal compulsion to pay claims statute of limitations is past. But this issue is a matter of trust that the separator maneunya thou keep the appointment with the customer before the law problems.
FSS will be due corresponding to such a powerful yet be seen as risk overturn the Supreme Court determined that it is the most important and valuable asset to the insurer's trust and faith rather than just giving the customer material. Consumer protection and financial consolidation trend worldwide. At that point the FSS is assessed at this time showed extraordinary commitment.
Nevertheless, the financial authorities this super-disciplinary policy has left the debate on equality of sanctions. The FSS has been described as that of the Big Three suicide unpaid claims deliberately jungjinggye is inevitable, ING Life was equally recognized suicide as unpaid claims and also errors in 2014, only imposed fines of 49 million won. FSS is only imposed fines of 100 million ~ 600 million won for the five life insurers such as MetLife decided to commit suicide last year, claims paid in full. Between the big insurers refuse to pay the full amount determined by the total amount paid to third sanctions that the water level is bound to differ from the FSS explained. I think a reasonable logic, but also committed the same mistake and sanctions based itneunjineun can leave the disciplinary big enough difference between the total amount paid and some questionable payments. FSS sanctioned the water level depends on whether the company violated bulky than if you follow this logic, but point out the large scale of the Big Three insurance unpaid suicide law.
It will also point out that there is a need to move the FSS chaekimron. Financial Supervisory Service asked the responsibilities heaped on enough simple terms lexical mistakes. If so, it ought to be held responsible eungdang also raised the gold wonwon flu crisis failed to properly filter out the gate keeping role and Conditions "should not say."
In replay to a whopping 15 years this crisis dragged the wrong FSS is a self-inflicted situation is also difficult to prevent mucus membrane with a hoe you missed the opportunity to rectify it several times yeosil. Incorrect agreement relating to suicide claims were made in 2001. At the time the insurance policy was effective must be approved by the Financial Supervisory Service (FSS) after checking whether the agreement is fair. The insurance industry, albeit belatedly recognized the problem of the agreement, but suggested that passed through safely and modified several times, the FSS beonbeonhi ignored it. In addition, insurance payments led the litigation surrounding suicide, the FSS also many complaints were raised. Even in 2007, he was also asked to make a ruling the Supreme Court Kyobo life insurance payable to commit suicide.
But such a number of controversial claims relating to suicide Financial Supervisory Service (FSS) and fixed in the agreement not until nine years after the agreement made in 2010 is incorrect. Terms of amendments at the time when the financial authorities as amended agreement only, did not take meaningful action related to insurance money paid whether suicide. Despite a responsibility to rectify the situation is virtually the sidelines. The Financial Supervisory spiral in solving this problem is lowering branded the sanctions in 2014, ING Life. Given that suicide-related insurance products sold since 2001, it came gotta spiral will act in a whopping 13 years jinaseoya.
Suicide claims the problem was several times prime time over the past 15 years. FSS has spent just shed it. Sanctions are rights of the Financial Supervisory Service. All authority has a responsibility to follow the law. Financial Supervisory Service (FSS) prior to exercise your right of sanctions will look back really hurts is that you have the proper duties accordingly.
The situation in the insurance suicide white flag of surrender, the Big Three insurance companies have ended in victory for FSS is raised pointed out that Korea's financial setback for at least 10 years. Financial Supervisory Service over the jump had the power to beyond devastate a company roots is evidence that the law financial companies would try to just a matter of looking instructs noticed more and more financial authority Financial Supervisory Service Be as autonomy, exert window Please, will not believe, no matter how to say.
The Big Three are not good at talking. The talk Yen sanctions that have a reasonable basis, and should be the collateral adequacy and equity. Otherwise pushed took on the 'gwaessimjoe' or 'court of public opinion "is just give recognition. Public law and logic can sometimes vary. And finally, a large number of life insurance companies in the hope to see the ad as false n. Seriously been promoted as "Love Insurance", "hot companions."
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