Insurance

HMP Law’s insurance law specialists have long been providing legal advice to various life and non-life insurance companies on matters concerning sales of insurance products, insurance policies, standardized insurance clauses, insurance accidents, and insurance proceeds on all contentious and non-contentious issues.

◆ Advise on life, fire, and package insurance policies, indemnity insurance, etc.
◆ Representation in insurance claims and defense
◆ Representation in disputes involving insurance planners and surrender value
◆ Advice on military pension welfare insurance
◆ Advice on cancer insurance disputes
◆ Advice on the interpretation of Insurance Act, Insurance Business Act, and Supervisory Regulations on Insurance Business

The Lawyer in Charge

Key Performance

  • Advise on major disputes on claims for insurance payment and litigation on confirmation of non-existence of obligations

  • Regularly advise the Financial Supervisory Service on insurance law matters

  • Advised and represented clients in disputes related to interpretation of insurance clauses, accident classification tables, and disorder classification tables

  • Advised insurers and insured in disputes on insurance payments related to deaths caused by suicides, mental illness or disasters

  • Advised on military pension welfare insurance and new military pension welfare insurance

  • Disputes on the violation of insurance sales persons’ duties to inform customers and disputes regarding interpretation of separate agreements (apart from standardized insurance policies) between customers and insurance companies

  • Advised the Korea Life Insurance Association on the interpretation of the Insurance Business Act, the Credit Information Act, and various related acts

Related Practice Areas