insurance

Is it difficult to receive unemployment benefits? “We need to increase the employment insurance coverage rate”
Korean

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The Ministry of Employment and Labor announced on the 29th the ‘Employment Service Advancement Plan’, which aims to change the employment policy centered on unemployment benefits to employment service. Controversy is expected as it will only make it difficult for job seekers to receive unemployment benefits without mentioning the issue of poor low-wage jobs. The Ministry of Employment and Labor announced on the 29th that it had deliberated and decided

UAE’s unemployment insurance scheme begins on January 1
Middle East

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Abu Dhabi: The United Arab Emirates (UAE) is set to introduce mandatory UAE unemployment insurance from Sunday, January 1, 2023. The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) said the new plan, which was originally announced in May, provides compensation of up to three months for public and private sector employees who have lost their jobs. The unemployment insurance scheme aims to create a low-cost job safety net that

Russian and Ukrainian ships will lose insurance against war risks
Russian

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The world’s largest association of insurers will not be able to insure ships in Russia, Ukraine and Belarus against military risks. About it writes Reuters. The International Group of P&I Clubs (or IG P&I) was forced to abandon ship insurance due to the departure of the so-called reinsurers from the region. Reinsurance companies that cover the risks of insurers, as a rule, annually renew contracts with insurance clients on January

Health Insurance Financial Reasons Recession of Protection “Even Park Geun-hye didn’t change the coverage”
Korean

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Regarding President Yoon Seok-yeol’s announcement on the 15th that he would abolish ‘Moon Jae-in Care’ due to deteriorating health insurance finances, Justice Party representative Lee Jung-mi said, “If this government’s concern is not only to criticize the previous government, there can be no such deterioration.” severely criticized. Representative Lee Jeong-mi said at the Commerce Executive Committee held at the National Assembly main building this morning, “No administration in the past,

National treasury support for health insurance, Park Min-joo “extension of sunset period” 
Korean

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Second Vice Minister of Health and Welfare Park Min-soo announced on the 9th that the sunset deadline for national treasury support for health insurance would be extended. Vice Minister Park said in an interview with KBS Radio’s ‘Choi Kyung-young’s Strongest Current Affairs’ that morning, “(About the extension of sunset) is being discussed in the National Assembly, and a reasonable decision will probably be made to extend the sunset.” According to

Health insurance for teachers promoted
Philippines

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MANILA, Philippines – Following the accident in Bataan involving teachers in which one was killed, Quezon City Rep. Patrick Vargas the availability of health insurance for public school teachers. In his House Bill 4079 or Health Care for Public School Teachers Bill, Vargas advocates that the Department of Education (DepEd) provide health maintenance organization (HMO) insurance to public school teachers. “This unfortunate incident that befell our QC teachers saddens all

J.I. Accident & Fire Launches "t@biho Cancel," Exclusive Insurance for Overseas Travel Cancellations
Japan

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JI Accident & Fire announced on the 20th the overseas travel cancellation insurance “t@biho cancellation”. JI Accident and Fire Insurance Co., Ltd. (Headquarters: 1-8-10 Harumi, Chuo-ku, Tokyo, President: Kazuhiko Kaneko, hereinafter “our company”) will start insurance exclusively for overseas travel cancellation after December 1, 2022. We sell by contract. Some non-life insurance companies have been selling overseas travel cancellation insurance for some time, but the number of travel agencies that

120,000 people with post-restriction who can't even pay 10,000 won a month's health insurance premium... Need for improvement
Korean

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There are over 120,000 people who cannot even pay their health insurance premiums, which are only 10,000 won a month, and have limited insurance benefits. It is pointed out that the system needs to be improved so that insurance benefits for delinquent delinquents from low-income and vulnerable groups are not restricted. According to data received from the National Health Insurance Service by In Jae-geun, a member of the National Assembly’s

Started sales of JI accident and fire insurance and online overseas travel insurance
Japan

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JI Accident and Fire Insurance Co., Ltd. (Chuo-ku, Tokyo, President Kazuhiko Kaneko) has expanded its product and service content and utilized the web as an insurance product for overseas travel, which is expected to fully recover from the impact of the new coronavirus infection. The new overseas travel insurance “Web Overseas Travel Insurance”, which is based on application-less contract procedures and web-completed insurance claims, will be sold from contracts that