The Institute of International Education subscribes to private insurance for all foreign students who have been admitted to school in case of an unexpected accident while living in Korea. |
- Private Insurance
Target |
All foreign students who have been admitted |
|
---|---|---|
Insurance |
Arrival date in Korea ~ 1 year |
|
Insurance Fee |
School Support |
|
Company |
Hyundai Marine Insurance Co., Ltd |
|
Claiming |
Claimable after consultation |
|
Required |
1 | Claims and Consents for Insurance Payment |
2 | A copy of an alien registration card |
|
3 | A copy of bank account |
|
4 | A medical bill |
|
5 | Medical expenses of 30,000 won or more: A prescription or medical certificate with a "disease code" |
|
6 | Prescription receipt (or drug bag photo) |
- National Health Insurance
National health insurance is one of Korea's social security systems and belongs to public health insurance. Therefore, all international students who stay in Korea for more than six months are automatically enrolled as national health insurance recipients and must pay insurance premiums.
Target |
All international students who stay in Korea for more than 6 months |
---|---|
Insurance Bill |
Insurance claims for subscription are sent to the registered address |
Fee |
Approximately KRW 70,000 per month (depending on age and gender) |
Payment method |
Automatically transfer to the account on the invoice or visit the bank to pay |
※ If you don't pay the insurance fee, the immigration office can't extend your stay in Korea.