Osan City Provides "10,000 Won Happiness Insurance" to Low-Income Single-Parent Households

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

The "10,000 Won Happiness Insurance" is a public-interest injury insurance for low-income groups promoted by Osan Post Office. When low-income individual policyholders pay an annual insurance premium of 10,000 won, the post office provides the remaining insurance premiums through public-interest funds. In case of accidents, policyholders can receive survivor compensation as well as medical expenses for injury hospitalization and injury outpatient treatment.

Through this agreement, Osan City allocated a budget of 4.74 million won to sponsor the 10,000 won insurance enrollment fee per household for 474 low-income single-parent households, enabling many low-income single-parent families to benefit from insurance coverage without personal burden.

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

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