Japan Post has 2600 disadvantages with Aflac Insurance August 23, 15:25
Over 100,000 cases of Aflac Life's cancer insurance sold by Japan Post suffered disadvantages such as temporarily paying double premiums when switching to new insurance. In relation to, we found that there were approximately 2600 similar cases in the group's Japan Post Insurance.
Japan Post sells cancer insurance on behalf of Aflac Life, but when customers switched to new insurance, they were not able to get a guarantee for about three months or paid insurance premiums twice. There are about 104,000 cases during the year up to May.
According to the company, it was newly found that there were about 2600 cases of cancer insurance that the Group's Japan Post Insurance sells to corporations.
Aflac introduced a system five years ago (2014) where you can avoid having to pay double if you pay insurance premiums for new contracts. It wasn't done.
The two companies will renovate the system and respond to the system from October 1st.
On this issue, Mr. Ishida, Minister of Internal Affairs and Communications, expressed his intention to confirm the facts in detail on the 22nd.