Insurance
Requirement of Insurance
International students at TUKOREA must sign up for foreigner¡¯s insurance for medical purpose (for possible injuries and illness). The guaranteed coverage of the insurance should be higher than USD 10,000 minimum. Students need to submit the certified insurance document to International Relations Center.
Insurance Application
1) Student who signed up for the insurance individually – in Korea or in student¡¯s home country
Please submit the copy of insurance certificate and its policy to International Relations Center.
¡Ø Notes: The insurance should cover for at least USD 10000 for injuries and accidents caused in Korea.
2) Student who wants to sign up for Korea¡¯s National Health Insurance
National Health Insurance is the policy the government proceeds under the law. It is the social security system with reliable insurance services to improve national health against illness and injuries through diagnosis, treatment, rehabilitation, births and deaths. If you are a foreigner living in Korea with your family, the government recommends you to sign up for National Health Insurance that gives benefits to the whole family with one family member signing up.
You can apply for National Health Insurance by going to the nearest National Health Insurance Corporation. For more information, please contact National Health Insurance Corporation (1577-1000 or http://www.nhic.or.kr)
¡Ø National Health Insurance Coverage
Students can receive discount benefits at every hospital.
- In case of hospitalization, approx. 20% of medical expenses needs to be paid.
- In case of treatment at a clinic, approx. 30% of medical expenses needs to be paid.
- In case of treatment at a hospital, approx. 40% of medical expenses needs to be paid.
- In case of treatment at a general hospital approx. 60% of medical expenses needs to be paid.
¡Ø National Health Insurance Fee
- Approximately KRW 30000 /month (monthly payment)
- The policyholder must pay retroactive to the date of alien registration
3) Student can join the insurance introduced by TUKOREA. Please contact International Relations Center if you need help regarding the application.
¡Ø Insurance Coverage ( The coverage may vary with insurance fees and companies.)
- Accidental Death and Physical Impediment Indemnity: Full compensation within the limit
- Accidental Medical Expenses Indemnity: Full compensation within the limit
- Sickness Medical Expenses Indemnity: Full compensation within the limit
except KRW 30000 to KRW 100000 at the student's expense
¡Ø Insurance Fee
- Differently demanded depending on your age (In average, KRW 200000 /year)
- The policyholder must pay 6 month/12 month fee in advance
Contact
International Relations Center 031-0841-0789