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Commercial Act — Article 726-3 (Automobile Insurance Policy)

상법 제726조의3

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.

The following matters, in addition to matters listed in Article 666, shall be entered into an automobile insurance policy:

1. The names, birth dates, or trade names of the owner and other possessors of the automobile;

2. The registration number, chassis number, model, and mechanism of the automobile insured;

3. The value of the automobile, if determined.[This Article Newly Inserted by Act No. 4470, Dec. 31, 1991]

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