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FSC amends the “Payment Standards of the Compulsory Automobiles Liability Insurance”

2020-07-14
To provide greater clarity in the diagnostic criteria for what constitutes a “mental disorder” (one of the types of disability for which disability benefits are payable pursuant to the provisions of the “Compulsory Automobile Liability Insurance Act”), and to strengthen injured party protections under the Compulsory Automobile Liability Insurance Act without changing any coverages, in light of common sense and practical experience, the FSC on 28 May 2020 amended the “Compulsory Automobile Liability Insurance Disability Payment Standards Table” (which is an attachment to Article 3 of the aforementioned Payment Standards).
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  • Update: 2020-07-14
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