Hanwha Life Insurance signed a memorandum of understanding with Severance Hospital to build a more integrated care model for dementia as Korea grapples with the challenges of a rapidly aging population, the insurer said Wednesday. Dementia has become one of the country’s most pressing health challenges, placing growing financial and emotional strain on patients, their families and the health care system. The agreement aims to bring together the insurer’s financial expertise and the hospital’s medical capabilities to develop an integrated framework spanning prevention, early detection, treatment and insurance protection for Alzheimer’s disease and other age-related neurocognitive disorders. Hanwha Life, one of Korea’s three largest life insurers, said it will draw on its client base of 5.5 million policyholders, while Severance Hospital will contribute its expertise in research and clinical care. The two organizations plan to incorporate the latest medical research into future insurance products and jointly develop Severance-certified training programs to strengthen professional