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Insurance

Following our decision to wind-down the consumer business, we have stopped offering new applications for all consumer products and services as of Feb 15th, 2022.
Details of the 'Customer Protection Plan' are available on the Citibank Korea homepages and Citi Mobile App.

For a better life after retirement

  • The sooner you prepare for retirement the better. Retirement comes early, while life expectancy keeps getting longer, meaning you have less time to save sufficiently for your retirement years. Demographic trends also show you are likely to outlive your retirement nest-egg. What can you do to ensure financial stability?
  • Your options include the National Pension, retirement benefits, and investments. Investment products can provide the same life comfort in retirement that you enjoyed while in the workforce.

Insurance as an investment

  • You may choose from diverse investment options, including securities, savings accounts, real estate, and pension plans. However, three factors should be considered before making your investment choices: rate of return, inflation and guarantee of principle. Insurance products satisfy all these conditions.

Insurers partnering with Citibank Korea

  • We introduce top performing products from our domestic and international partners.
  • Our partners include Samsung Life, Kyobo Life, AIA, Mirae Asset Life, Heungkook Life, PCA Life and so on.

Purchasing insurance products is allowed to all foreigners except Investment Linked Insurance products.

In case of Investment Linked Insurance products, Citibank Korea is not permitted to sell any investment products to “U.S. Persons” under the corporate Global Sales Guidelines, 1998.

Moreover, most insurance documentation is available only in Korean.

Therefore, these products and services are offered only to customers proficient in the Korean language and information on them is only available on our Korean language website.