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Health Insurance

Sookmyung Women’s University requires all full-time international students, including exchange students, to have hospital/accident insurance or other healthcare coverage for the entire year. For those who have not yet purchased adequate health insurance for their study at SMU, we would like to provide a brief information on the health insurance policy program offered by Dongbu, one of the major local insurance companies in Korea.

Please check the link below for the information on Korea's National Health Care mandatory requirement (since May 2021):

https://www.sookmyung.ac.kr/en/university-life/notice.do?mode=view&articleNo=83797

Students with sufficient insurance coverage that fulfills the health insurance waiver conditions must submit a copy of their insurance policy to the staff at Global Lounge. Please be aware that students without adequate health insurance will not be eligible for benefits available to International Students, including scholarships and other services (such as Cultural Activities) provided by SMU.

  • For more information about Dongbu Insurance, please visit their official website at [Insert Dongbu Insurance website link]CLICK

Insurance Plan

Insurance Plantable for Insurance Plan
COVERAGE AMOUNT(KRW)
Coverage Accidental Death and Disability/
Sickness Death
Joint Limited Payments
Accidental Medical Reimbursement
(Domestic, Inpatient)
10,000,000
Accidental Medical Reimbursement
(Domestic, Outpatient)
250,000
Accidental Medical Reimbursement
(Domestic, Prescription)
50,000
Sickness Medical Reimbursement
(Domestic, Inpatient)
10,000,000
Sickness Medical Reimbursement
(Domestic, Outpatient)
250,000
Sickness Medical Reimbursement
(Domestic, Prescription)
50,000
Liability of Reparation 10,000,000
  Inpatient Medical Expenses
for Overseas Treatment
Joint Limited Payments
  Evaluation /
Repatriation
Joint Limited Payments

Accident / Sickness Medical (Domestic, Outpatient)

Deductible Amounts:

  • KRW 10,000 for clinics
  • KRW 15,000 for hospitals
  • KRW 20,000 for general specialized hospitals

Deductible for Accident/Sickness Medical (Prescription): KRW 8,000

  • The Company will cover medical expenses minus the deductible per one prescription, within the insured amount limit (up to 180 cases per year).

Insurance Coverage Exclusions:

  • Pre-existing conditions (diseases or physical disorders prior to getting insurance coverage)
  • Incidents caused intentionally by the contractor, insured, or insurance beneficiary
  • Suicide attempts, self-injury, criminal acts, or violent behaviors
  • Pregnancy, delivery, abortion expenses
  • Dental treatments (except for injuries)

Please note that the provided information is a summary of the insurance coverage and exclusions. For more detailed information, refer to the full insurance policy documents.

Dongbu Insurance Plans: Total Premium, per person

  • For 4 months: approximately US $90
  • For 12 months: approximately US $180~200
    1. The insurance fee may vary based on the insured person's actual age.
    2. The insured amount may change due to fluctuations in the exchange rate.
    3. The insurer is responsible solely for the benefits specified above.
    4. This insurance exclusively covers accidents and medical treatments in KOREA.

How to request for reimbursement once you have Dongbu Health Insurance

  • Prepare the following documents and call the Dongbu Insurance claim center at +82-2-776-8500.

    (For more information, visit the website: [Insert website link])

    1. Fill out the Insurance Report.
    2. Have a copy of your Insurance Certificate ready.
    3. Gather the Receipt from the hospital (medical treatment receipt - translation not required) and Receipt for Medicine Charges from the pharmacy.
    4. Provide a copy of your Bank Account (the account must be under your own name).
    5. Include a copy of your Alien Registration or Passport.

OTHER OPTIONS (Choose one from the list)

  • Purchase private insurance from another insurance company that meets the required coverage level for injuries and illnesses. Submit the Certificate of Health Insurance as proof.
  • Purchase National Health Insurance with a monthly fee of KRW 38,350 (Foreigners receive a 50% discount). Note the following differences from private insurance plans:
    • The purchasing fee will be applied retroactively for your entire stay in Korea.
    • With National Health Insurance, you need to pay the uninsured portion of your medical expenses, similar to the Korean nationals.
  • Purchase private insurance from your home country and submit the certificate as proof.
    private insurancetable for private insurance
    COVERAGE INSURED AMOUNT
    Injury Death US$ 10,000
    Permanent Lesion Hindrance US$ 10,000
    Injury Medical Expense US$ 10,000
    Disease Expense US$ 10,000

    If you have obtained a health insurance plan that meets the required coverage level mentioned above, kindly submit the certificate of your health insurance along with the verification form either in person at Global Lounge or via email to ist@sm.ac.kr

Contacts