It's a telltale sign things have become a bit untenable in your country when an insurer is enlisted by the government to offer insurance against the serious social issues that plague it.
South Korea's second-largest non-life insurance company, Hyundai Marine & Fire, is working out details with the government to offer what will be known as "four evils" insurance, created to compensate victims of what the Park Geun-hye government considers the four greatest social problems in South Korea: bullying in school, low-quality or tainted food products, domestic violence and rape, CNN reports.
An independent panel that includes representatives of women's organizations and other groups advocating for victims of these pervading societal issues has been advising the insurer. The cover is expected to be available beginning in March.
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