Osan City Supports Low-Income Single-Parent Households with '10,000 Won Happiness Insurance'

Osan City in Gyeonggi Province (Mayor Kwak Sang-uk) announced on the 5th that it signed a support agreement for the '10,000 Won Happiness Insurance' with Osan Post Office (Director Son Hyo-suk) at the city hall situation room.

The '10,000 Won Happiness Insurance' is a public-interest personal injury insurance for low-income groups being promoted by Osan Post Office. When low-income individual subscribers pay 10,000 won in insurance premiums over one year, the post office covers the remaining premiums with public-interest funds, and beneficiaries can receive survivor compensation in case of accidents, as well as injury hospitalization medical expenses and injury outpatient medical expenses.

Under this agreement, Osan City will allocate a budget of 4.74 million won to sponsor 10,000 won per household in insurance enrollment fees for 474 low-income single-parent households, allowing many low-income single-parent families to receive insurance benefits without personal burden.

Mayor Kwak Sang-uk stated, "We appreciate Osan Post Office for its interest in low-income residents of Osan City and for promoting public-interest projects," and added, "We expect that the '10,000 Won Happiness Insurance' will become a good model for practicing social care and sharing toward neighbors in blind spots of welfare."

Director Son Hyo-suk of Osan Post Office said, "With this agreement as an opportunity, we plan to continuously expand various public-interest projects that allow low-income residents to be protected from various risks."