Called "KB Just Right 0540 Health Insurance (Non-Participating)", it is a comprehensive health insurance plan designed to cover health risks that occur from childhood through adulthood.
It not only covers major illnesses such as cancer, cerebrovascular diseases, and heart diseases, but also strengthens protection against various conditions and injuries that may affect children and adolescents during their growth stage.
KB Life developed this product to provide coverage tailored to each stage of the customer’s life cycle, focusing not only on the increase in chronic diseases and population aging, but also on the rising medical costs faced by children and adolescents.
In particular, it is designed to enhance the effectiveness of protection from childhood through adulthood, supporting customers in leading healthy lives by responding to increasing medical expenses at each growth stage.
The company has enhanced premium competitiveness so that children and young adults at the start of their careers can prepare for long-term health protection. By rationally structuring coverage according to each stage of growth, the product reduces economic burden for customers while maximizing the effectiveness of the protection.
The plan also alleviates the burden of insurance premiums in the event of a major illness or serious injury, allowing policyholders to focus on treatment. Through mandatory rider options, premium payments are waived upon diagnosis of any of the top 10 critical illnesses or if a disability of 50% or greater occurs, thereby reducing financial stress.
The coverage against various diseases and accidents that may occur from childhood through adulthood has been strengthened. It is designed to cover daily-life related diseases such as hepatitis, as well as accident risks like traumatic brain injury and cerebral haemorrhage, and to provide protection for high-cost severe treatments.
Surgical coverage has also been enhanced. If policyholders add the progressive surgical rider, for general cancer surgeries, 100% of the insured amount is paid in the first year, and the coverage amount increases by 20% each year, reaching up to 200% from the sixth year onwards. In addition, cancer coverage without reduction minimises coverage gaps, reported The Asia Business Daily.