Terms and Conditions of Membership – SOSKB Study Abroad Insurance for International Students

Chapter 1 General Provisions

Article 1 (Purpose) 1.1 The purpose of the present terms and conditions is to provide for the rights, obligations and responsibilities of SOSBK Study Abroad Insurance for International Students (hereinafter referred to as "the Company") and service users having joined the Company as a member and who use the offline services furnished by the Company (hereinafter referred to as "services"; this shall refer to all "services" furnished by the Company).
Article 2 (Stipulation of the agreement, effectiveness and revisions)
1. The Company shall show the content of the present terms and conditions on the initial screen of its website for easy access by members.
2. The Company may revise the present agreement insofar as relevant laws such as the Act on the Consumer Protection in Electronic Commerce, etc., the Act on the Regulation of Terms and Conditions, and the Framework Act on Consumers, etc. are not violated.
3. In such case that the Company revises these terms and conditions, the Company shall provide notice on the website of the Company, showing the previous terms and conditions together with the revised terms and conditions, the applicable date of the revised terms and conditions, and the reason for the revision, from fifteen (15) days prior to the applicable date of the revision until a certain period following the applicable date. Should the revision(s) not be in favor of members, notice shall be given from thirty (30) days prior to the applicable date of the revision until a certain period following the applicable date. To existing members, notice shall be given by forwarding the revised terms and conditions to their respective e-mail addresses, provided upon membership registration.
4. When the Company has provided notice to members in accordance with the previous paragraph, and has clearly given notice that members not having made known their intent to refuse the revised terms and conditions until 7 days after the enforcement date of the revised terms and conditions, members not having made their intent known shall be deemed to have approved the revised terms and conditions. If a member does not consent to the revised terms and conditions, said member may rescind the user agreement in accordance with the provisions of Chapter 3, Article 9, Paragraph 1.

Chapter 2 Registration and management of memberships

Article 1 (Membership registration procedure)
1. Service users having read the present terms and conditions and checked the "Confirm" box shall be deemed as having consented to the present terms and conditions.
2. Registration of membership to use the services of the Company shall be carried out by the service user giving consent according to Paragraph 1, filling out the mandatory items in the membership application provided by the Company, affixing their signature in the "Signature" box, and making payment of the membership registration fee (hereinafter referred to "the membership fee") determined by the company. Provided that, in cases where such is deemed necessary by the Company, members may be required to submit additional documents.
3. For private customer member registration, the applicant must be a registered student of a university in Korea. If necessary, the Company may require members to submit additional documents, such as copies of student ID or certificates of enrollment.
4. For corporate customer member registration, the applicant must submit the membership application, make payment of service fees, and submit the additional documents designated by the Company.
5. For corporate customer member registration, if the service user and person making payment of the service fees are different, the Company may require submittal of certificates to verify identities.
Article 2 (Membership registration, holding and refusal)
1. Membership registration shall be completed when the service user has applied for membership registration in accordance with the procedures prescribed under Chapter 2, Article 1, and the Company has approved membership registration. When a membership registration applicant has completed his membership application, faithfully filling in the mandatory items, the Company shall carry out the necessary checks and approve the application without delay. Cases wherein additional materials must be submitted aside from the membership application must be submitted shall be exceptions.
2. The Company may hold approval of membership registration in the cases under the following items.
1) Cases wherein the mandatory items have been filled out in the membership application provided by the Company, but the membership fee has not been paid
2) Corporate customers who have filed a membership application but have not carried out their obligations under Chapter 2, Article 1, Paragraphs 3 through 4.
3) Other cases wherein holding is deemed necessary by the Company for financial or technical reasons
3. The Company may deny approval of membership registration in the cases under the following items.
1) Cases wherein false information has been entered in the membership application, or false documents have been attached thereto
2) Corporate customers who have filed a membership application but have failed to carry out their obligations under Chapter 2, Article 1, Paragraphs 3 through 4 within a period separately stipulated by the Company
Article 3 (Collection, etc. of personal information)
To furnish the services, the Company shall collect the necessary personal information from members in accordance with the provisions of relevant laws and statutes.
Article 4 (Modification of member information)
In the case of changes to the information listed in the following items, members shall contact the Company immediately (by telephone, e-mail, or fax, etc.) to make modifications thereto. Here, the Company shall not be liable for damages suffered due to failure by a member to make modifications to member information. Corporate members may make modifications to member information through methods provided for separately by the Company.
1. Date of birth, e-mail address and contact information, etc.
2. Consent to receive service newsletters, etc.
3. Other matters deemed necessary by the Company


Chapter 3 Use of services

Article 1 (Use of services)
Services may be used immediately after membership fees have been paid to the Company, and the Company has approved use of services.
Article 2 (Notice of changes to services)
1. In such cases where services are modified or terminated due to reasons such as 1) termination of the agreement with the SP (Service Provider) that the Company has taken on to furnish the services, 2) change of SP, or 3) the commencement of new services, the Company may notify members of changes in services or termination thereof by e-mail to their respective registered e-mail addresses.
2. In the previous paragraph, when providing notice to many and unspecified members, the website or the Company's notices page may be used to provide notice. However, in the case of matters that have a substantial impact on the personal transactions of a member, notice shall be given for a certain period through a notice board, and individual notice shall also be given to the e-mail address provided upon membership registration

Article 3 (Restriction and suspension of use of services)
1. In the case that any one of the causes under the following items have arisen, use of services by the member concerned may be restricted or suspended.
1) Cases where a member interferes with operation of the Company's services, either intentionally or through negligence
2) Cases where a member has violated his obligation under Chapter 3, Article 5
3) Other cases where, due to a serious reason, it is deemed inappropriate by the Company to continue furnishing the services
2. The Company shall, when having restricted or suspended use of services in accordance with the provisions of the previous Paragraph, notify the member(s) concerned of the reason and term of suspension, etc.
3. In cases where, in accordance with Chapter 3, Article 9, Paragraph 2, the Company has determined to rescind its agreement with a member and have the membership of the member withdrawn, the Company shall, prior to processing the withdrawal of the member, provide notice to the effect. The member concerned shall be granted a period of 30 days to challenge the Company's decision after having received notice from the Company.

Article 4 (Obligations of the Company)
1. The Company shall faithfully carry out the Company's obligation to furnish services.
2. The Company shall not sent to members any for-profit advertising e-mails or SMS messages that members have not given consent to.
3. The Company shall not disclose or leak to third parties the personal information of members knowledge of which it has gained in relation to the furnishing of services, and shall make every effort to protect the same. Other matters relating to protection of personal information of members shall be governed by the Personal Information Protection Act and the "Personal Information Management Policies" stipulated by the Company.
4. In such cases where the Company furnishes services to members by entering into a service agreement, etc. with a third party, the Company shall comply with the relevant laws and statutes by 1) specifying the specific personal information items of members provided to third parties for furnishing of individual services, 2) receiving express and individual consent from the members concerned, and 3) sharing the personal information of members with third parties only within the period during which the service(s) concerned is (are) furnished and within the scope of consent given.
5. The services furnished by the Company to members shall be as follow.
1) Purchase of insurance policies (By principle, all insurance premiums for members having applied for membership with the Company shall be borne in full by the Company.)

Article 5 (Obligations of members)
Members shall not engage in the acts listed in the following items.
1. Registration of false information when applying for membership registration or modifying member information
2. Using the service furnished by the Company to provide a third party an opportunity to advertise himself, or acting as a proxy in the advertising of a third party and receiving money in return for such, or handing over thereto the right to use services and receiving money in return for such.
3. Pretending to be or impersonating an employee of the Company or the service administrator, or illegally using another person's name to contact other members or send e-mails thereto
4. Acts in violation of current laws and statutes, the terms and conditions for the services furnished by the Company, and other provisions relating to the use of services

Article 6 (Rights of members)
1. Members may, from such time their use of the Company's services has commenced to such time such use is terminated (hereinafter referred to as "the membership period"), request assistance to the Company relating to problems that arise with their person.
2. Members may, during the membership period, rightfully demand the services furnished by the Company and the carrying out of the Company's obligations. Article 7 (Prohibition from cessation) The right of members to be furnished services may not be ceded, given as a gift, or used to establish rights of pledge.


Chapter 3 Use of services

Article 1 (Use of services)
Services may be used immediately after membership fees have been paid to the Company, and the Company has approved use of services.
Article 2 (Notice of changes to services)
1. In such cases where services are modified or terminated due to reasons such as 1) termination of the agreement with the SP (Service Provider) that the Company has taken on to furnish the services, 2) change of SP, or 3) the commencement of new services, the Company may notify members of changes in services or termination thereof by e-mail to their respective registered e-mail addresses.
2. In the previous paragraph, when providing notice to many and unspecified members, the website or the Company's notices page may be used to provide notice. However, in the case of matters that have a substantial impact on the personal transactions of a member, notice shall be given for a certain period through a notice board, and individual notice shall also be given to the e-mail address provided upon membership registration
Article 3 (Restriction and suspension of use of services)
1. In the case that any one of the causes under the following items have arisen, use of services by the member concerned may be restricted or suspended.
1) Cases where a member interferes with operation of the Company's services, either intentionally or through negligence
2) Cases where a member has violated his obligation under Chapter 3, Article 5
3) Other cases where, due to a serious reason, it is deemed inappropriate by the Company to continue furnishing the services
2. The Company shall, when having restricted or suspended use of services in accordance with the provisions of the previous Paragraph, notify the member(s) concerned of the reason and term of suspension, etc.
3. In cases where, in accordance with Chapter 3, Article 9, Paragraph 2, the Company has determined to rescind its agreement with a member and have the membership of the member withdrawn, the Company shall, prior to processing the withdrawal of the member, provide notice to the effect. The member concerned shall be granted a period of 30 days to challenge the Company's decision after having received notice from the Company.
Article 4 (Obligations of the Company)
1. The Company shall faithfully carry out the Company's obligation to furnish services.
2. The Company shall not sent to members any for-profit advertising e-mails or SMS messages that members have not given consent to.
3. The Company shall not disclose or leak to third parties the personal information of members knowledge of which it has gained in relation to the furnishing of services, and shall make every effort to protect the same. Other matters relating to protection of personal information of members shall be governed by the Personal Information Protection Act and the "Personal Information Management Policies" stipulated by the Company.
4. In such cases where the Company furnishes services to members by entering into a service agreement, etc. with a third party, the Company shall comply with the relevant laws and statutes by 1) specifying the specific personal information items of members provided to third parties for furnishing of individual services, 2) receiving express and individual consent from the members concerned, and 3) sharing the personal information of members with third parties only within the period during which the service(s) concerned is (are) furnished and within the scope of consent given.
5. The services furnished by the Company to members shall be as follow.
1) Purchase of insurance policies (By principle, all insurance premiums for members having applied for membership with the Company shall be borne in full by the Company.)
Article 5 (Obligations of members)
Members shall not engage in the acts listed in the following items.
1. Registration of false information when applying for membership registration or modifying member information
2. Using the service furnished by the Company to provide a third party an opportunity to advertise himself, or acting as a proxy in the advertising of a third party and receiving money in return for such, or handing over thereto the right to use services and receiving money in return for such.
3. Pretending to be or impersonating an employee of the Company or the service administrator, or illegally using another person's name to contact other members or send e-mails thereto
4. Acts in violation of current laws and statutes, the terms and conditions for the services furnished by the Company, and other provisions relating to the use of services
Article 6 (Rights of members)
1. Members may, from such time their use of the Company's services has commenced to such time such use is terminated (hereinafter referred to as "the membership period"), request assistance to the Company relating to problems that arise with their person.
2. Members may, during the membership period, rightfully demand the services furnished by the Company and the carrying out of the Company's obligations. Article 7 (Prohibition from cessation) The right of members to be furnished services may not be ceded, given as a gift, or used to establish rights of pledge.
Article 8 (Membership registration costs)
1. The Company must notify members of membership registration costs and explain the same.
2. The Company must notify members that the membership fees payable by the member to the Company may vary depending on gender and age.
3. Membership fees corresponding to the period for which a member intends to register as a member of the Company must be paid in advance.
4. The Company may request additional personal information of members which is necessary for the carrying out of payment. Members shall accurately furnish the personal information required by the Company. The Company shall not be liable for compensation of damages incurred by members due to inaccurate or false personal information furnished thereby, unless such damages are due to intent or negligence on the part of the Company.
Article 9 (Refunds of membership registration costs and raising objections)
1. As for membership fees overpaid by members, the Company shall refund the amount concerned.
2. The normal method for refunds of fees due to causes for which a member is liable is as follows.
1) If the member has paid his membership fee to the Company, the Company has approved member registration, and the Company has begun furnishing services, fees for the month for which furnishing of services has begun may not be refunded.
2) If, when the member has paid his membership fee to the Company, the Company has approved member registration, and the Company has begun furnishing services, a member requests a refund of his membership fee for reasons such as withdrawal of membership, the fees for the last month in which services were furnished may not be refunded. (For example, fees for January may not be refunded to members who have withdrawn on January 1.)
3) In cases wherein a member has signed up with the Company for 12 months of service, and requests a refund of membership fees for reasons such as withdrawal of membership, the amount of months for which a refund is issued shall be equal to "12 months - number of months services were used" (For example, if a member has signed up for services from January 1 to December 31 then withdraws his membership on April 10, membership fees corresponding to 8 months shall be refunded.) Here, for corporate memberships, it is possible that no refund may be issued, depending on the membership terms.
4) If a paid service furnished by the Company is such that use of the service is completed through a single use after payment is made, refunds may not be issued after such service has been used.
Article 10 (Rescission of the usage agreement)
1. If a member wishes to rescind his service usage agreement, he may at any time contact the responsible officer and withdraw his membership in accordance with the procedures stipulated by the Company.
2. In the case that a member has violated the provisions of Chapter 3, Article 5, the Company may unilaterally rescind the present agreement. In such cases where the operation of services has been harmed as a result of such violation, the violating member may be held liable therefor under the civil and criminal codes.
3. Should a member wish to rescind his usage agreement for the services of the Company, the Company shall inform said member that certain penalties determined by the Company for breach of contract may be applicable.
Article 11 (Indemnification)
1. In the following cases wherein the Company is rendered unable to furnish services, the Company shall not be held liable for damages suffered by members as a result.
1) Natural disasters or equivalent force majeure
2) Cases where a third party that the Company has engaged for the furnishing of services intentionally obstructs services
3) Cases wherein the services cannot be used due to causes for which the member is liable
4) Cases other than those listed under Items 1 through 3, where the cause is not the result of intent or negligence on the part of the Company
2. The Company does not guarantee the reliability or accuracy of information, materials, or facts published on the services that have either been furnished by the SP or members. The Company shall not be held liable for damages suffered by members as a result thereof.

Article 12 (Resolution of disputes)
The present terms and conditions shall be provided and carried out in accordance with the laws of the Republic of Korea. As for disputes arising between the Company and members relating to use of the services, the court having jurisdiction over the address of the [누구의 주소지?] according to the Civil Procedure Act shall be the court of jurisdiction. Article 13 (Mutatis mutandis application of provisions)
Matters not expressly provided for in the present terms and conditions shall be governed by relevant laws. Matters not expressly provided for in the laws shall be governed by customs.
Addendum (Oct. 1, 2016) 10.
The present terms and conditions shall apply from October 1, 2016. Here, for new members having registered after notice was provided of these terms and conditions but before their applicable date, the present terms and conditions shall apply from such point in time they have registered as members, the provisions of the previous section notwithstanding.

October 1, 2016
SOSKB Study Abroad Insurance for International Students (Seal)