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Financial Supervisory Commission
Laws and Regulations Retrieving System

Print Time:113.04.29 10:50

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Title: The interpretive rule regarding “Business scope exempt from requirement of signing relevant documents” in pursuant to Paragraph 1, Article 34 of the Regulations Governing Insurance Agents, and Paragraph 1, Article 34 of the Regulations Governing Insurance Brokers. Ch
Date: 2017.12.29
Legislative: -
Content: 1.The internal operating procedures established to understand the needs of the proposer and product or service suitability for the signing operation of insurance brokers or agents as provided in the proviso of Paragraph 1, Article 34 of the Regulations Governing Insurance Brokers and the proviso of Paragraph 1, Article 34 of the Regulations Governing Insurance Agents may exclude the following businesses:
(1) Microinsurance;
(2) Travel insurance with insured amount under NT$5,000,000;
(3) Renewal of one-year accident insurance (renewal cases with renewal terms and conditions agreed and insured amount and coverage unchanged);
(4) Compulsory auto liability insurance (including drivers injury insurance rider with the same insured amount); and
(5)Renewal of residential fire insurance ((renewal cases with renewal terms and conditions agreed and insured amount and coverage unchanged);
(6)Mobile device insurance.
2. This order takes effect immediately. Jin-Guan-Bao-Zong-Zi-10602561997 issued on June 23, 2017 is abrogated immediately.
Data Source:Financial Supervisory Commission Laws and Regulations Retrieving System