Any insurer of a contract of automobile insurance shall be bound to compensate for any loss caused by a peril insured against which has occurred while the insured owns, uses or manages an automobile.[This Article Newly Inserted by Act No. 4470, Dec. 31, 1991]
Laws › Commercial Act › SECTION 6 Automobile Insurance
Commercial Act — Article 726-2 (Liability of Automobile Insurers)
상법 제726조의2
This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.