workers' compensation programs, rehabilitation supports and welfare improvements.
Welfare Service
Credit Guarantee Program
- Welfare Service
- Loan Service Programs
- Credit Guarantee Program
K-COMWEL Credit Guarantee Program (“K-COMWEL-CGP”) is a system that Korea Workers' Compensation and Welfare Service provides credit guarantees to employees who are designated for the loan program, and the employees can pay a fixed deposit and receive loans without providing financial institutions with separate guarantees and security.
Allowances and eligibility
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>Allowances | Eligibility |
---|---|
Living stabilization loan | NIIW and special types of workers covered by WCI |
Wage-in-arrears living expenses | |
Living stabilization loan for IIW | IIW with disability corresponding to Disability Grades 1 to 9, WCI Survivors, Worker with eligibility for Injury-Disease Compensation Annuity |
Living expenses for job training(for unemployed) | Workers participating in job training |
Living expenses for job training (for irregular workers) |
※ Not eligible: persons whose arrearage, advances and subrogation information are registered with the Korea Credit Information Service, or persons whose K-COMWEL loan provision was revoked due to a false application or use for an unapproved purpose