1. The plaintiffs' claims are dismissed.

2. The costs of lawsuit are assessed against the plaintiffs.

1. Basic facts

A. On January 26, 2007, the conclusion of the insurance contract on January 24, 2007, 148,200 won monthly insurance premium of KRW 148,200 per month of the Deceased Deceased’s Insurance Premium of KRW 148,200 per month, and KRW 60,000,000 per annum 60,000 per month during the period of payment of KRW 20,000,00 for the life-long beneficiary’s maturity and life of the life-long beneficiary of the insurance period of 20 years 20, 200, the maturity and existence of the life-long beneficiary of the life-long beneficiary of the insurance period of 20, 200. The deceased’s death

(2) On January 24, 2007 and January 26, 2007, the Defendant concluded an insurance contract for non-distribution of dividends and social species as follows (hereinafter “each of the instant insurance contracts”).

2) The main terms and conditions applicable to each of the instant insurance contracts are as follows.

Article 8 (Termination of Contracts) Where a person subject to insurance (insured) causes for the payment of death benefit provided for in Article 18 (Types of and Grounds for Payment of Insurance Money) during the insurance period, this contract shall not become effective from that time.

Article 18 (Types and Grounds for Payment of Insurance Money) A company shall pay the insurance money agreed upon to the person who receives the insurance money (beneficiary) as the death insurance money (see attached Table 1, e.g., attached Table 1) in cases where the insured person (insured) dies during the insurance period or becomes a disability with the aggregate payment rate of not less than 80% for the same disaster (referring to the disaster classification table as specified in attached Table 2; hereinafter referred to as "disaster") or for the same reason other than a disaster.

Article 35 (Obligation to Notify before Contract) The contractor or the insured (in the case of a diagnosis contract, including the time of health examination) shall inform the fact that he/she is aware of the matters asked in the subscription form (hereinafter referred to as "the obligation to inform before contract, and the same as "the obligation to notify" under the Commercial Act).

Article 36 (Effect of Violation of Obligation to Notify before the contract is omitted) (1) A company is a contractor or an insured person.