The FSC opened up online insurance application on August 26, 2014. The types of insurance that can be applied online now include automobile insurance (compulsory and voluntary), residential fire insurance and fundamental earthquake insurance, travel insurance, accident insurance, term life insurance, health insurance and annuity insurance; 14 life insurance companies, 15 non-life insurance companies and 7 insurance brokers or insurance agent companies have so far received approvals to handle online applications. The public can take advantage of this service.
The FSC stated that to encourage more insurance firms to handle online insurance applications, review of the need to amend related measures will continue to be carried out in the future, depending on the handling situation, to enhance the effectiveness of the handling of e-commerce by insurers.