South Korea will allow industry associations to handle simple insurance complaints from 2026 and expand death benefit securitization products to all life insurers, while introducing new tax incentives and support measures for policyholders.
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https://en.infomaxai.com/news/articleView.html?idxno=97686
From Next Year, Simple Insurance Complaints to Be Handled by Industry Associations—Death Benefit Securitization Expanded to All Life Insurers

South Korea will allow industry associations to handle simple insurance complaints from 2026 and expand death benefit securitization products to all life insurers, while introducing new tax incentives and support measures for policyholders.

Yonhap Infomax
South Korea's new death benefit securitization program saw 605 applications and 2.89 billion won ($2.1 million) paid out in its first eight days, signaling growing demand for flexible retirement income solutions among seniors.
#YonhapInfomax #DeathBenefitSecuritization #KoreaLifeInsuranceAssociation #RetirementStability #SurrenderValue #PayoutStatistics #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91344
South Korea's insurance industry is adapting to longevity risk, with new products like death benefit securitization allowing retirees to access up to 90% of their life insurance payouts as annuities, addressing income gaps amid an aging population.
#YonhapInfomax
#LongevityRisk #HanwhaLifeInsurance #DeathBenefitSecuritization #RetirementAssets #FinancialServicesCommission
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88462