Key services of KTC

Testing and inspection
  1. 1. Electrical and Electronic
  2. 2. Meters
  3. 3. Chemical and environment
  4. 4. Bio and medical
  5. 5. Information and Communications
  6. 6. Energy
  7. 7. Renewable
  8. 8. Specialized Public Procurement
  9. 9. Verification
  10. 10. Calibration
  11. 11. International standard
  12. 12. Software and security test
  13. 13. Inspection of the playground facilities for children
  14. 14. Safety inspection of amusement facility
Certification and assessment
  1. 1. KC Product Certification
  2. 2. KS Product Certification
  3. 3. Q-mark
  4. 4. EMF certification
  5. 5. V-check product certification marks
  6. 6. Performance Certification
  7. 7. Medical device assessment
  8. 8. International standard certification새창
  9. 9. View the GCC certification status
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  1. 1. Technical regulations impact evaluation
  2. 2. Intellectual Property evaluation support (Patent technical evaluation)
  3. 3. Standard Technology Development Type
  4. 4. SME Technological Innovation R&D Program
  5. 5. New-Product Development Support with an Off-Take Arrangement
  6. 6. The 4th Industries and Smart City

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Performance Insurance

About Performance Insurance

Performance insurance covers the damages suffered by a public organization due to the purchase of a product with a performance certificate so that the avoidance of the use of the products developed by an SME among public organizations can be overcome and encourage the public sector to purchase such a product.
The definition of performance insurance
After a performance-certified product that is a new-technology product developed and manufactured by an SME is sold to a public organization, the performance insurance covers the damages suffered due to the degradation of the performance of such a product.

The products eligible for performance insurance

A new-technology product developed by an SME that has also been certified for its performance; intended to be sold to a public organization

Performance insurance operation

The type of insurance
Guarantee insurance (low premium)
The coverage
  • Performance guarantee: the replacement or repair cost for the product
  • If the price of the product is 30 million won, the premium is expected to be about 120,000 won.
  • * Performance insurance premium = 30 million won (product price) x 0.4% (expected insurance premium rate)
Operating system

성능보험제도 운영체계 이미지

Insurance period
In principle, one year from the date of delivery. However, up to the negotiation by the public organization and the SME, a different insurance period can be set within the validity of performance certification (two years or three years)
Application for insurance subscription
The insurance policy is available from Seoul Guarantee Insurance, Machinery mutual aid, SW mutual aid, Samsung Fire Insurance, or KB insurance (see the current status performance insurance.)

Issuance of a performance insurance policy (issued upon signing of the contract)

If an SME participates in a public purchase tender process with a new-technology product that has a performance certificate, the insurance subscription (scheduled) certificate is issued before the signing of the contract.

The current status of the providers of performance insurance

Name of the organization Address Person-in-charge Phone number FAX
Seoul Guarantee Insurance
See the list of sales offices attached hereto.
136-74, Yeoji-dong, Jongno-gu, Seoul
(www.sgic.co.kr)
Deukyeong Lee, Team Leader 02-3671-7338 3671-7630
Machinery Mutual Aid 13-31, Yeoeuido-dong, Yeongdeungpo-gu, Seoul
(www.mic.co.kr)
Bong Jeon, Team Leader 02-369-8511 369-8520
Software Mutual Aid 2nd floor, KIPA building, 79-2, Garakbon-dong, Songpa-gu, Seoul
(www.ksfc.or.kr)
Jeongtae Kang, Team Leader 02-2141-7870 2141-7801
Samsung Fire and Marine Insurance 16th floor, Samsung Fire Building, 87, Euljiro-1-ga, Joong--gu, Seoul
(www.samsungfire.com)
Dongil Roh, Manager 02-758-4794 758-4684
LG Insurance 5th floor, KB Building, 85, Da-dong, Joong-gu, Seoul
(www.lginsure.com)
Eunsang Chang, Manager 031-785-1283 785-1219

Visit the website of the responsible department

Click the button below to jump to the main webpage of the responsible department, where you can find the contact information of the officers in charge.

Visit the website of the responsible department

Jump to Reliability Evaluation Center for Performance Certification.

최종수정일: 2020-11-03 오후 7:57:56