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Continuing to expand the microinsurance protective umbrella to build a more complete social security net

To allow economically disadvantaged and special groups to purchase basic insurance protection for relatively low premium to avoid families or individuals falling into economic difficulty as a result of insurance events and to urge insurers to fulfil their social responsibilities, the FSC is actively promoting microinsurance. As of the end of May 2018, 27 insurers were handling microinsurance business (15 life insurance companies, and 12 non-life insurance companies) with the accumulated number of people underwritten 578,000 and the accumulated underwriting amount NT$189.9 billion. In 2018, the FSC will continue to promote the concepts of microinsurance and insurance protection and provide related supervisory incentives to allow microinsurance to become more universal and build a more complete social security net.
Visitor: 2666   Update: 2018-08-17
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