NH NongHyup Bank offers free voice phishing insurance enrollment for elderly customers
NH NongHyup Bank said Monday it held a voice phishing compensation insurance enrollment event for elderly customers.
The bank ran the event at the Hapcheon-gun Park Golf Course during the qualifying round of the 2nd NongHyup Central Chairman's Cup Farmers Park Golf Tournament, promoting voice phishing compensation insurance and helping elderly attendees sign up on the spot.
The event was organized to expand the financial fraud compensation safety net for elderly people, who are particularly vulnerable to voice phishing, and to strengthen consumer financial protection.
The bank operated a dedicated promotional booth and a mobile branch at the venue, offering voice phishing prevention guidance and on-site enrollment support to tournament participants and visitors.
Voice phishing compensation insurance covers up to 70 percent of losses sustained, with a maximum payout of 10 million won ($7,380), and applies to victims of voice phishing and messenger phishing scams. NH NongHyup Bank launched the enrollment program in earnest in March and surpassed 100,000 cumulative subscribers in July.
The bank is continuing its enrollment support drive by linking the initiative to its nationwide branch network and various events. Customers can sign up free of charge by visiting a nearby NH NongHyup Bank branch or through the NH All One Bank mobile app.
"We will consistently expand our field-based financial fraud support activities so that elderly customers can manage their financial lives with greater peace of mind," NH NongHyup Bank President Kang Tae-young said. "We will continue to do our utmost to fulfill our social responsibilities as a financial institution and to practice inclusive finance for financially vulnerable groups."
hyuk@heraldcorp.com