Samsung Life announced on October 20 that it will launch two new products: the 'Samsung Senior Comprehensive Health Insurance' and the 'Samsung Senior Long-Term Care Integrated Treatment Insurance.'
The revised comprehensive health insurance, which follows the launch of the senior health insurance in July, now includes coverage for pneumonia and robotic joint replacement surgery. The newly introduced long-term care integrated treatment insurance focuses on covering treatment costs incurred after long-term care grade assessments.
The comprehensive health insurance covers diagnosis and hospitalization for pneumonia, as well as intensive care treatment. It applies the 'CURB-65' clinical indicator, which assesses the severity of pneumonia, to determine varying insurance payouts based on severity. Additional coverage is available through riders for treatments received at general hospitals or higher-level medical institutions.
Coverage for joint diseases now includes robotic knee joint replacement surgery. This expands the existing coverage for specific joint diseases and injuries, which previously included examinations, diagnoses, surgeries, and joint replacement procedures, to encompass advanced joint treatments.
The long-term care integrated treatment insurance consolidates necessary coverage into a single rider following the assessment of long-term care grades 1 to 5. It covers a range of services from home and facility benefits to hospitalization in nursing hospitals, MRI and CT scans, surgeries, intensive care treatment, blood dialysis, transfusions, and rehabilitation therapy.
This product is designed as a low premium refund type. While the refund amount is low if canceled during the premium payment period, it is structured to exceed a 100% refund rate upon completion of payments. However, the refund rate may fall below 100% depending on the age at enrollment, payment period, and disclosure type.
Both products are categorized into general disclosure, health disclosure, and simplified disclosure types, allowing customers to choose based on their health status. The comprehensive health insurance is available for individuals aged 30 to 75, with payment periods of 15, 20, or 25 years. The long-term care integrated treatment insurance targets those aged 30 to 70, with payment periods of 10, 15, or 20 years.
A Samsung Life representative stated, “We have introduced the comprehensive health insurance with expanded everyday coverage and the long-term care integrated treatment insurance to allow customers to choose according to their needs.”
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.