DEPARTURE GUARANTEE INSURANCE LOAN FOR FOREIGN WORKERS
The Philippine Embassy in Seoul wishes to share with the Filipino community in Korea, upon request of the Human Resource Development Service of Korea (HRDK), the announcement regarding the Mortgage Loan on Departure Guarantee Insurance (DGI) for foreign workers which aims to ease certain difficulties faced by the workers during this period.
According to the HRDK, a foreign worker (E9 and H2 visa holders) may apply for loan amounting to at least 50% of his/her respective accumulated DGI premium if he/she is:
- not able to depart Korea due to lack of flight or an entry ban in one’s home country, and his/her employment ended after 1 February 2020;
- involuntarily terminated from employment due to company closure or shutdown; or,
- ill or injured and needing at least four (4) weeks recovery period, leading to his/ her release/ change of workplace.
Please read the attached Notice for the details on application requirements and procedures.
To apply and inquire on this matter, concerned individuals are advised to directly get in touch with Samsung Fire Call Center at 1600-0266. END
02 September 2020
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