The benefit pays a set amount upon childbirth, and claims began in November last year. The company said it designed the coverage to ease out-of-pocket costs at a time when spending typically rises for postpartum care and preparations for raising a child.
The rider has drawn strong interest among women in their 20s and 30s. As of last month, 46.4% of policyholders in that age group enrolled in “Hanwha Signature Women’s Health Insurance 4.0” had added the childbirth benefit rider.
Since coverage began, the number of payouts has steadily increased, with cumulative payments exceeding 800 cases, the company said.
“Because we considered the diverse needs of women customers in their 20s and 30s, demand for childbirth-related coverage continues,” a Hanwha General Insurance official said. The official added that the company plans to keep strengthening customer-tailored coverage and services.
* This article has been translated by AI.
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