Free Jeonse Fraud Insurance.

A bank has released insurance that covers young people against jeonse fraud damage for free.

A commercial bank, in collaboration with a non-life insurance company, is providing a youth jeonse and monthly rent contract safety rights insurance free of charge to young customers aged 19 to 34 who use jeonse loans.

Furthermore, the bank covers the entire cost of the premium.

This insurance is designed to cover fraud damage that may occur from the conclusion of the jeonse or monthly rent contract to the early stages of moving in, up to a maximum of 300 million won.

Fraud incidents such as impersonating a landlord, forged contracts, and forged document double contracts can occur.

All of these become major coverage targets.