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Sales of spillover-effect insurance products and provision of in-kind benefits by life insurers in 2021 through Q2

As of the second quarter of 2021, the performance of life insurers in selling spillover-effect insurance products and providing in-kind benefits was as follows:
  1. The FSC has approved or accepted registrations of 76 spillover- effect insurance products from 8 life insurance companies. In total, 323,950 new contracts for such products have been sold as of the second quarter of 2021, up by 507% from 53,397 compared to the second quarter of 2020. The first-year premium income was NT$3008.52 million, up by 261% from NT$834.20 million compared to the second quarter of 2020.
  2. The FSC has approved or accepted registrations of 23 in-kind payment insurance products from 6 life insurance companies. In total, 5,234 new contracts for such products have been sold as of the second quarter of 2021, down by 82% from 28,421 compared to the second quarter of 2020. The first-year premium income was NT$33.21 million, up by 217% from NT$10.47 million compared to the second quarter of 2020.
Visitor: 383   Update: 2021-08-10
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