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*Is residential earthquake insurance compulsory and what are the benefits?


Residential earthquake insurance is not compulsory, but is one-year insurance automatically included in any residential fire insurance policy. The insured amount under the residential earthquake insurance program shall be computed based on the replacement cost, which is limited to NT$1.5 million per dwelling. Additional payments to cover the cost of temporary accommodation in the event of the total destruction of the insured dwelling shall be limited to NT$200,000 per dwelling.

Visitor: 4290   Update: 2017-04-13