feature
Your Online Access

If you are a Client, Network Partner, or IGP Employee, please log in to your IGP dedicated website for select information and resources.

Please choose a country from the drop-down menu below or
return to the list

Korea:

Samsung Life Insurance Company, Ltd.

Samsung Life Insurance Company, Ltd. was established in Korea in 1957 and, since that time, has grown to become the largest and most successful life insurance company in the country. As a market leader, Samsung has played a significant role in the growth and development of the Korean economy and improved the financial welfare of millions of Koreans.

In 2009, Samsung Life again strengthened its top position in the Korean market. It recorded KRW 69.6 trillion (USD 56.5 billion) worth of new policies and KRW 468.3 trillion (USD 380.1 billion) of in-force policies. The total number of policies grew to 20,839,682.

Samsung also achieved KRW 906 billion (USD 735.5 million) in net income and KRW 133 trillion (USD 108 billion) in total assets. Samsung Life set a new standard in Korea by being the first non-bank financial institution to hold KRW 100 trillion in total assets and now aims to be one of the top three life insurance companies in Asia.

Samsung Life is frequently listed among Fortune's Global 500 and in 2010, was ranked by Fortune magazine as the 316th largest corporation in the world and the leading financial company in Korea. Samsung's ultimate goal is to rank among the world's most prominent providers of financial services. At the same time, Samsung Life remains committed to sharing its success by continuing to support community services, the arts and cultural activities, sports and social welfare programs.

Samsung was the first insurance company in Korea to receive ISO 9001 and 9002 certification based on the quality and reliability of its services. Samsung Life was also the first company in Korea to establish an internet site for providing customers with information about its products and services and is a leader in the use of e-Business infrastructure to enhance customer service. In addition, Samsung received the BS7799 certification, an international information security certificate awarded by the British Standards Institution.

Samsung offers both individual and group life products and insures approximately one-third of the population of Korea through a network of approximately 44,045 sales agents and over 6,474 employees. Samsung is also the leading underwriter of group life insurance and severance benefits plans in Korea.

Samsung has been a member of the International Group Program since 1980.

Key Products


Life


  • Life
  • Dependent Life
  • Optional Supplemental Life

Disability


  • Accidental Dismemberment (PTD)
  • Accident-Related Hospital Benefits
  • Traffic Accident-Related Benefits
  • Waiver of Premium

Medical


  • Cancer-Related Benefits
  • Hospital Expense Benefits
  • In-Patient Benefits
  • Nursing Care Benefits
  • Out-Patient Benefits
Samsung is located on the internet at: www.samsunglife.com
(Information available in English.)