[Background]

This is intended to refine the matters delegated to the public notice regarding the targets and procedures for joining the insurance or mutual aid, the types of coverage, and the calculation method for the subscription amount, following the amendment of Article 12-7 of the Enforcement Decree of the Electric Construction Business Act.

[Main Points]

a. Purpose of Enactment and Definition of Terms for the Operational Guidelines (New Draft Articles 1 and 2)

b. Specification of Coverage Scope in accordance with Article 12-7, Paragraph 1, Subparagraph 3 of the Enforcement Decree (New Draft Article 3) 

c. Procedures for Joining and Subscription Amount for Insurance or Mutual Aid (New Draft Articles 4 and 5) 

d. Compensation Limits and Deductibles according to the Type of Accident (New Draft Articles 6 and 7) 

e. Scope of Insured or Mutual Aid Beneficiary (New Draft Article 8) 

f. Special Provisions for Cases where Establishing the Subscription Period is Difficult (New Draft Article 9)

g. Method for Calculating Insurance Premiums or Mutual Aid Fees (New Draft Article 10) 

h. Terms and Conditions Used when Joining Insurance or Mutual Aid (New Draft Article 11)

i. Obligations of the Ordering Party, etc. (New Draft Article 12)

j. Succession of Contractual Rights and Obligations (New Draft Article 13) 

k. Restriction on Assignment of Contractual Rights, etc. (New Draft Article 14)

l. Use of Insurance Proceeds or Mutual Aid Funds (New Draft Article 15) 

m. Other Matters (New Draft Article 16) n. Sunset Clause (New Draft Article 17)