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Kakao Pay Insurance Expands into Domestic Travel Market

by Mary

Kakao Pay Insurance has reached a significant milestone, securing 3 million subscribers within 1 year and 8 months since launching its overseas travel insurance. The company has now expanded its offerings to include domestic travel insurance.

On March 24, Kakao Pay Insurance introduced the “Together Domestic Travel Insurance,” designed to cover various risks during domestic trips.

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All plans offer essential coverage, including 100 million won for accidental death and disability, 10 million won for death or severe disability due to illness, and 30 million won for liability and non-covered medical expenses related to injuries.

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What sets this product apart from most domestic travel insurance options is its simplified registration process. Unlike traditional policies that require the last digits of the resident registration number, this plan only requires the name, gender, and birthdate of the traveler. Additionally, travelers can easily sign up through KakaoTalk or text by sharing a link with a travel companion, allowing them to input their details directly.

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