To allow insurance to fully bring into play its protection function and provide sufficient personal insurance protection to the people of Taiwan, the FSC is implementing the Program for Improving Insurance Protection for the People. Under this program, companies whose performance meets certain requirements are rewarded by being allowed to submit extra insurance products for review. The list of rewarded companies is announced periodically.
On the list of life insurance companies rewarded for excellent performance in increasing insurance protection for the people January-June 2017 by being allowed to submit an extra 1-3 insurance products for review were:Bank Taiwan Life Insurance, Taiwan Life, Cathay Life Insurance, China Life Insurance, Nan Shan Life Insurance, Allianz Taiwan Life Insurance, Chunghwa Post, First-Aviva Life Insurance, BNP Paribas Cardif TCB Life Insurance, Prudential Life Insurance Company of Taiwan, TransGlobe Life, AIA Life Insurance, Cardif Assurance Vie, Taiwan Branch and Chubb Life.