Ethical Issues in the Separation of Insurance Law from the Commercial Act: Balancing Consumer Protection and Industry Development

Author : Hongjoo Jung

Abstract :Background and Rationale • Overview of the current status of insurance law within the South Korean Commercial Act. • Discussion of recent movements to establish a separate insurance law. • Importance of addressing ethical concerns arising from this reform. Research Objectives and Questions • What are the ethical implications of separating insurance law? • How does separation impact consumers, insurers, and regulators? • What ethical dilemmas arise, and how can they be resolved? Methodology and Scope • Literature review, case studies, and comparative analysis of international legal systems

Keywords :Insurance Law, Ethical Implications, Consumer Protection, Legal Reform

Conference Name :International conference on Society for Business Ethics (ICSFBE-25)

Conference Place Marrakesh, Morocco

Conference Date 6th Feb 2025