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Naver Pay launches ‘pet insurance comparison and recommendation’ service… Partnership with 5 insurance companies

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Naver Pay launches ‘pet insurance comparison and recommendation’ service… Partnership with 5 insurance companies

Digital Daily Publication Date 2024-11-28 10:45:58

[ⓒ네이버페이]

[디지털데일리 오병훈] Naver Pay has launched a service that compares pet-specific insurance products at a glance.

Naver Pay (CEO Park Sang-jin) announced on the 28th that it has partnered with five insurance companies to launch a ‘Pet Insurance Comparison and Recommendation’ service that allows users to easily compare insurance products for pets.

According to the Ministry of Agriculture, Food and Rural Affairs, as of last year, the proportion of the domestic population raising pets reached 28.2%. This means that one in three Koreans lives with a companion animal. In line with this growing trend of the pet care population, insurance companies are also developing related products. It is understood that Naver Pay also quickly responded by launching a new insurance recommendation comparison service.

This service partners with all insurance companies that have long-term pet insurance that provides a coverage period of 3 years or more, allowing you to compare the coverage conditions and prices of various insurance products at a glance. Users can select the desired subscription period, coverage ratio, deductible, and maximum daily covered medical expenses and then receive recommendations for coverage details and insurance premiums. If you click on the insurance product, you can check the coverage and limits for diseases such as ▲ daily surgical expenses ▲ annual medical expenses ▲ annual surgical expenses ▲ death consolation ▲ patella, skin diseases, oral diseases, etc.

The pet insurance comparison and recommendation service allows users who have registered their pets on Naver Shopping ‘Naver Pet’ to retrieve information such as age, neutered status, and dog breed. Users who have not registered their information previously can enter ▲name ▲age ▲gender ▲neutered status into this service, and can also enter insurance premium discount conditions ▲pet registration status ▲abandoned animal adoption ▲inscription registration status, etc. Up to 15 animals can be registered. In the future, based on this information, information on frequently occurring diseases by dog ​​breed will be provided as content.

This service sets the same price for all affiliated insurance companies as the price provided on the website and the price provided through the insurance comparison and recommendation service. It will begin with a partnership with five insurance companies, including Meritz Fire & Marine Insurance, Samsung Fire & Marine Insurance, Hyundai Marine & Fire Insurance, DB Insurance, and KB Insurance, and the number of affiliated insurance companies will continue to expand according to industry trends, such as the launch of new long-term pet insurance.

To commemorate the launch of this service, users who sign up for pet insurance through Naver Pay will receive 30,000 points as a congratulatory gift.

Yena Cho, insurance service leader at Naver Pay, said, “In line with the situation where the number of people owning pets has exceeded 12 million, we have launched a service that can reduce the burden of medical expenses. “I hope you choose,” he said.

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