Foreign Automobile policy is developed for foreigners,
foreign corporations, and foreign invested companies in Korea and is English policy.
2) Product Coverages
Comprehensive
Covers your car for fire, theft, glass breakage, etc.
Coverage limit : actual loss amount up to insured amount. Deductibles : US$50
Collision or Upset
Covers damage to your car by impact with another vehicle or
Upset of your car
Coverage limit: actual loss amount up to insured amount Deductibles : US$100
Bodily Injury Liability
Covers your legal liability to a third liability party for death or injury by auto Coverage Limit : unlimited/limited policy is available
Property Damage Liability
Covers your legal liability to a third liability party for property damage by auto Coverage Limit : US$50,000/U$100,000 policy is available
Own Bodily Injury
Covers you and family passengers¡¯ medical expenses/funeral costs due to
accident by the insured automobile. Coverage Limit :
Auto policy.pdf
