Late 1997 after the financial crisis due to interlayer polarization in the labor market share decline, the difficult living and low incomes continue to increase. since 2007 the global financial crisis, rising unemployment, income polarization, deterioration of family income, inflation, Household debt and interest burden due to increased sales of credit by various factors, including difficulties i
● Non life insurance in Korea has the history of about 49 years, at first Chosen Fire and Marine Insurance Company was established in 1922.
● After the last world war, a number of insurance companies were founded to carry on fire or marine insurance, and some companies gradually extended their activities to a host of other kinds of non-life insurance like automobile insurance in nine com
(2) Long Term Care in Korea
In July 2008, Korea introduced social insurance for long-term care. There are several
important demographic and social changes leading to the introduction of long-term care
(LTC) insurance, including the rapid ageing of population as a result of the increase in life expectancy and the sharp decline in fertility. Total fertility rate is below 1.1 in 2005 (NSO,2007).
Insurance
Loss of earning insurance is that compensate loss of the expected profit of shipowner or ship manager at this case which the ship doesn't sail because of the accident insurance, Mostly, it compensates instant loss of earning from sinking, stranding, fire and collision of ship. But loss of earning due to oil explosion of oil tanker or an engine trouble should take advantage of extended
traffic information automatically gathered by mechanical devices such as a detector, beacon, probe car, and so on delivered from traffic-related organizations or a traffic locale system. It should also accept the function of gathering system that manually processes CCTV image information, reported data, and other information such as construction, accidents, or events.
The road network to manage