Owners of certain breeds of dogs will be required to acquire general insurance to compensate for any physical or property damages starting in February next year.
The government plans to issue a follow-up enforcement ordinance to specify insurance coverage, coverage limits, and expiration dates, and work with the insurance industry to release new insurance plans tailored for this new policy, reported Korea Bizwire.
The new Animal Protection Act, taking effect next February, will require all owners of Tosa, American Pitbull Terrier, Staffordshire Bull Terrier, Rottweiler, and other species designated as dangerous dogs to purchase a general insurance plan.
Any violation will be punished by a maximum fine of KRW3m ($2,440).
The Ministry of Agriculture, Food and Rural Affairs will hold a series of promotion campaigns with the private sector to raise public awareness about the new requirement.