A Samsung Life model is promoting dementia insurance. ⓒSamsung Life, “[Daily Economy = Reporter Hwang Hyun-uk] Samsung Life announced on the 8th that it will start selling ‘Samsung Dementia Insurance,’ the first in the insurance industry to provide coverage for mild cognitive impairment and dementia at each stage from the 9th.”,
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, ‘Samsung Dementia Insurance was developed to prepare for the increasing incidence of dementia with the entry into an ultra-aging society, and to alleviate the concerns of dementia patients and their families about increasing caregiving expenses.’,
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, “This product is designed with a focus on dementia. It guarantees ‘Severe Dementia Diagnosis Benefits’ when severe dementia is diagnosed after the dementia state is covered in the main insurance, and it guarantees ‘Severe Dementia Pension’ on the anniversary of each year for 10 years after the diagnosis confirmation of severe dementia.”,
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, ‘Through various additional contracts, it provides wide coverage for dementia tests, treatments, outpatient care, as well as home care benefits and facility care benefits needed during long-term dementia care.’,
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, “Samsung Dementia Insurance is characterized by expanding the coverage range to include mild cognitive impairment and the mildest form of dementia for the first time in the insurance industry. Upon subscribing to this additional contract, if mild cognitive impairment or the mildest form of dementia is diagnosed after the coverage start date, it provides a one-time provision of ‘Caregiving Robot.'”,
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, ‘The Caregiving Robot is equipped with a “Dementia-specialized cognitive training program” that can prevent the progression from mild cognitive impairment to dementia and delay the worsening of the mildest form of dementia. It provides dementia-customized services based on the latest digital technology, including ▲companionship function ▲24-hour crisis detection ▲emergency calls ▲medication reminders ▲health data management, and more.’,
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, ‘Furthermore, to alleviate the burden of dementia management costs on patients and their families, new special contracts for home care benefit support for dementia long-term care (grades 1 to cognitive support) and facility care benefit support for dementia long-term care (grades 1 to 5) have been introduced. Home care includes ▲visiting care ▲visiting nursing ▲visiting bathing ▲day and night short-term protection, and more.’,
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, “‘Senior Care Services’ has also been enhanced. This service, provided free of charge to insurance subscribers, consists of ‘Health Management Services’ for regular health consultations and hospital reservations as stipulated in the contract, and ‘Diagnosis Care Services’ providing caregiver, homemaker, and rehabilitation exercise support during hospitalization.”,
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, ‘With this service improvement, Samsung Life now supports caregivers and homemakers up to a total of 10 times for 5 years after a mild dementia diagnosis during hospitalization. Additionally, for the first time in the industry, services for dementia patients and their families have been added, including genetic testing for dementia in immediate family members and psychological counseling for patients and guardians (3 sessions).’,
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, “Furthermore, Samsung Life has also launched ‘Samsung Easy Dementia Insurance’ to enable even patients with existing illnesses such as diabetes or hypertension to prepare for dementia.”,
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, ‘Membership is possible as long as they do not fall under the three easy declaration items. The three basic declaration items are ▲ Recommendations for hospitalization, surgery, additional examinations, re-examinations, or suspected diseases through recent examinations within the last 3 months ▲ History of hospitalization or surgery due to diseases or accidents within 2 years ▲ Diagnosis, hospitalization, or surgery due to cancer, liver cirrhosis, chronic kidney disease, Parkinson\’s disease, dementia, etc. within the last 5 years.’,
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, ‘Membership is available from age 30 to a maximum of 75, with insurance period options of 90, 95, and 100 years of age, and premium payment period choices of 5, 7, 10, 15, 20, or 30 years. However, for some renewable additional contracts, a policy term of 5 or 10 years is applied.’,
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, ‘A Samsung Life official said, “Samsung Dementia Insurance is a product that can securely cover all stages of dementia, from mild cognitive impairment to the complete onset of dementia, at a reasonable premium, making it an optimum product for dementia patients and families who suffer greatly. “We will continue to develop products suitable for the aging life cycle and strive to reduce customer coverage gaps.”‘,\n