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Mutual-Aid Insurance for Small Businesses to Launch in September, Free Benefits for About 1 Million People in 7 Regions
AI 3-line summary
- Free mutual-aid insurance for small businesses will be fully launched in September in seven regions: Gyeongnam, Gyeongbuk, Gwangju, Jeonnam, Jeonbuk, Jeju and Chungbuk.
- According to the Financial Services Commission, seven local governments will operate the program with a mutual-aid fund from the life and non-life insurance industries, totaling 14 billion won, or 2 billion won each.
- The type of insurance, enrollment method and eligible recipients differ by region, so residents should check the announcements and guidance of their respective local government.
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Read the full article (machine translation) → Original article (Korean): 소상공인 상생보험 9월 출시…7개 지역 약 100만 명 무료 혜택
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