Important Measures
The FSC introduced further deregulation to waive the requirement of signature of the insurance applicant and the insured for application for specific types of non-life insurance
2017-09-06
On August 29, 2014, the FSC waived the requirement of signature of the insurance applicant and the insured for applications for 5 non-life insurance products, including compulsory automobile liability insurance, when the proof of the insurance applicant’s willingness to apply is available. On 28 July, 2017, the FSC also waived the requirement of signature for applications by foreign enterprises in Taiwan for commercial fire insurance and liability insurance. The FSC also revised the business item to which signature waiving originally applied from “residential fire insurance contract renewal” to “contract renewal of fire insurance and automobile insurance.”
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- Update： 2017-09-06
