Posted on April 26th, 2022

Unpaid insurance premiums can lead to canceled policies. In South Korea, however, a lapsed policy can result in a canceled place to live.

Jimin, a member of the idol group BTS, almost lost his luxury apartment to the National Health Insurance Service for failing to pay health insurance premiums, according to Biz Korea. 

A registration of seizure was only canceled on April 22, three months after the seizure registration, and it is suspect that the star belatedly reimbursed the delinquent health insurance premiums after four seizure notices were sent.

Original post: https://www.businessinsurance.com/article/20220425/NEWS06/912349466/Korean-pop-star-almost-loses-apartment-over-unpaid-insurance-BTS-J-Hope,-V,-Jung