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Sales performance of insurance with spillover-effect and inkind benefits provided by life insurance companies as of the second quarter of 2020

As of the second quarter of 2020, the sales performance of insurance products with spillover effect and in-kind benefits provided by life insurance companies was as follows:
  1. The FSC has approved or received filings of 35 insurance products with a spillover effect from 8 life insurance companies. In total, 53,397 new contracts for such products have been sold as of the second quarter of 2020, up by 301% from 13,302 compared to the second quarter of 2019. The first-year premium income was NT$834.2 million, up by 461% from NT$148.55 million compared to the second quarter of 2019.
  2. The FSC has approved or received filings of 17 in-kind payment insurance products from 6 life insurance companies. In total, 28,421 new contracts for such products have been sold as of the second quarter of 2020, down by 64.5% from 80,171 compared to the second quarter of 2019. The first-year premium income was NT$10.47 million, down by 39% from NT$17.16 million in the second quarter of 2019.
Visitor: 854   Update: 2020-09-10
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