The organization connects more than 140 volunteer groups from across the country and seeks to form close relationships with organizations for the disabled and the elderly as well as with orphanages. The individual volunteer groups involved with the organization also help children through cultural events.
Local disaster support is another key area for Korea Life Insurance.
The company helps prepare guidelines for local volunteer groups to deliver emergency relief products after natural disasters such as the big fire in Yangyang, the flood in Yeongwol and heavy snow in the Gangwon region.
Korea Life Insurance’s executives are actively involved in philanthropy as well. Each executive participates in at least 20 hours of volunteer work each year, which is equal to at least 1 percent of their annual working hours. They also donate a portion of their salaries to good causes. Additionally, the company matches employee donations.
Korea Life Insurance even has a volunteer activity program for new employees, and it hosts a huge festival every October that allows volunteers to form bonds and exchange ideas and information.
In January of 2006, Korea Life Insurance established the Happy Friends Volunteer Group to help teenagers lead healthy lives, both physically and mentally. More than 400 students from 33 middle schools and high schools in 10 regions have participated in volunteer activities through the program.
The company actively promotes volunteer activities not only in Korea but also in countries across the world. Selected volunteer teams are given the chance to volunteer their time and efforts in places like Kenya, Cambodia, El Salvador, among other countries.
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