Swiss Life - Korea Life

Korea Life, which was established in 1946 as the first life insurance company in Korea, forms part of the Hanwha Group.
Underwrites all types of life, endowment, term and annuity insurance for both individual and group clients.
Ranked third in 2008 in terms of group life business, and ranked second in 2008 in terms of total premium and market share.
Total premium income in 2008 exceeded KRW 10.5 trillion (USD 7.0 billion).
Total assets under management in 2008 amounted to KRW 52.5 trillion (USD 35 billion).
Serves customers through 7 business service divisions, 63 branch offices and 651 sales offices.
Member of the Swiss Life Network since 1987.

Local dividends are guaranteed and fixed on all products except group term insurance.
Tariffs are set for all coverages; however, volume and danger grade discounts are available on pre-miums for group term insurance and group medical care security insurance.
Corporate and individual tax is not imposed on premiums and therefore group contract holders can save tax amounting to between 16.5% and 29.7% of paid premiums.

Coverage available and poolable:

Coverage available: