□ According to the mandatory subscription of the liability insurance for fierce dogs in a revised 「Animal Protection Act」 on February 12 (Revision on February 11, 2020, Enactment on February 12, 2021),

❍ An insurance company* has begun the sales of liability insurance for fierce dogs to compensate the damage on other people by fierce dogs** (5 species) from January 25.

* (Insurance Company: Hana Insurance (1.25), and Nonghyup Property & Casualty Insurance, Lotte Insurance, Samsung Fire & Marine Insurance, and Hyundai Marine & Fire Insurance in preparation

** Fighter dogs, American Pit Bull Terrier, American Staffordshire Terrier, Staffordshire Bull Terrier, Rottweiler and its mixed breed

 

□ An insurance has been released to compensate ① 80 million won for each person in case of death or stress disorder, ② 15 million won for each person in case of injury by fierce dogs and ③ over 2 million won for each incident of injury on other animals.

❍ Annual insurance fee is a level of 15 thousand won (monthly 1,250 won) for each dog.

 

□ Through the subscription of insurance by owners of fierce dogs, it is expected that citizens who have received unexpected damage will receive a prompt damage compensation and those owners of fierce dogs will be able to spread the risk with appropriate insurance fee.

❍ Previous owners of fierce dogs must subscribe the insurance by February 12 and new owners on the day of possessing fierce dogs. The insurance must be renewed before the expiration date. For any violation, a penalty of 3 million or less will be imposed.