You can purchase monthly insurance but as they apply short rate on insurance premium,
it stays at high price.
Short term rate
In other countries, it is possible to pay the insurance premium in installment but, in Korea, you should
eitherchoose to pay it lumpsump or pay for one month or pay for preffered period of time.
Therefore, paying a one full annual insurance is always cheap.
*If you have Korean credit card, it is possible to pay in installment through credit card. For instance,
Pay the full amount of insurance premium through and divide them in credit card. However, you must
consider how much interest rate you may be charged.
'Method of payment' of insurance premium can be possible through 'credit card' payment or 'wiring' it to
Please contact David for the details of payment.