Sales performance of insurance with spillover-effect and inkind benefits provided by life insurance companies as of the second quarter of 2020
2020-08-04
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:
- 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.
- 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.
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Update:
2020-09-10