Financial/Emotional Support
- Financial Support
- Emotional Support
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Introduction
- Rehabilitation Support
- Subject: Those who developed serious disability from a traffic accident falling under Class 1~4 as per Schedule 2 of the Enforcement Decree of the Automobile Accident Compensation Security Law and whose economic conditions meet the requirements for financial support
- Application: On demand, at the HQ, or any of the offices of TS nationwide
- Required documents: Application, Resident registration certificate, Document proving the accident, Document proving the current economic situation, Copy of bankbook, Family relations certificate
- Decision and notification: As per the financial support regulations; the support fund will be wire-transferred to the bank account of the subject. The period of support shall be one year from the date of decision, and the subject shall be reviewed for eligibility upon expiry of the year and kept on support if his/her economic conditions meet the requirements.
- Other matters: TS shall be notified of the death of the subject, and any support fund wire-transferred after death shall be returned to TS.
- Dependency Support
- Subject: Aged parent(s) supported by the victim
- Aged parent(s) older than 65 and previously supported by the victim before developing a severe disability or passing away due to a traffic accident, who is also a direct family member or that of a spouse; thus, financial support cannot be continued as there is no one to provide it even if the victim is alive due to the disability
- Aged parent(s) older than 65 and cannot be financially supported as the legal supporter who lives with the parent(s) developed a severe disability or passed away due to a traffic accident, who is also a direct family member or that of a spouse
- Application: On demand, at the HQ, or any of the offices of TS nationwide
- Required documents: Application, Resident registration certificate, Document proving the accident, Document proving the current economic situation, Copy of bankbook, Family relations certificate, Document proving financial support at the time of the accident (Residence register, Health insurance card), Document proving lack of financial support
- Decision and notification: As per the financial support regulations; the support fund will be wire-transferred to the bank account of the subject. The period of support shall be one year from the date of decision, and the subject shall be reviewed for eligibility upon expiry of the year and kept on support if his/her economic conditions meet the requirements.
- Other matters: TS shall be notified of the death of the subject, and any support fund wire-transferred after death shall be returned to TS.
- Subject: Aged parent(s) supported by the victim
- Self-Reliance Support
- Subject: A victim of traffic accident who developed a severe disability or passed away, or his/her child (aged 0~18, younger than 20 if the child is attending high school)
- Period of support: Up to the month when the subject turns 18 (20 if the child is attending high school)
- Required documents: Application, Resident registration certificate, Document proving the accident, Document proving the current economic situation, Copy of bankbook, Family relations certificate
- Decision and notification: As per the financial support regulations; the support fund will be wire-transferred to the bank account of the subject.
- Other matters: TS shall be notified of the death of the subject, and any support fund wire-transferred after death shall be returned to TS.
- Scholarship
- Subject: A victim of traffic accident who developed a severe disability or passed away, or his/her child (aged 0~18, younger than 20 if the child is attending high school)
- Selection and amount
Scholarship Subject Amount provided Frequency Period Elementary student KRW 200,000 / Quarterly Quarterly March: Support starts in the 4th quarter
April: Support starts in the 3rd quarter
September: Support starts in the 2nd quarter
October: Support starts in the 1st quarter
Junior high KRW 300,000 / Quarterly High school KRW 400,000 / Quarterly
- Rehabilitation Support
