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Act on the Employment of Foreign Workers — Article 15 (Insurance and Trust for Expenses for Return to Home Country)

외국인근로자의 고용 등에 관한 법률 제15조

(1) Any foreign worker shall purchase an insurance policy or a trust deed to cover expenses necessary for their return to home country.

(2) Matters necessary for the method of purchasing and the substance of the insurance or trust under paragraph (1), the management of and payment under such insurance or trust, and other relevant matters shall be prescribed by Presidential Decree.

(3) With respect to the statute of limitation for the right to claim the amount of money that a policy holder is entitled to receive upon occurrence of an event triggering payment under an insurance policy or a trust deed under paragraph (1), and the transfer, management, operation, etc. of the amount of money for which the statute of limitation has expired, Articles 13 (4) and 13-2 shall apply mutatis mutandis. <Added on Jan. 28, 2014>[This Article Wholly Amended on Oct. 9, 2009]

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