News Life and Health29 Jun 2018

Taiwan:Protection gap is wide despite high insurance penetration rate

| 29 Jun 2018

With approximately NT$1 billion ($33 million) of new sales premiums flowing into the life insurance sector each year, Taiwan citizens are purchasing only NT$2 billion of protection, while other developed markets are achieving rates of protection at least four times higher, says the American Chamber of Commerce in Taiwan (Amcham Taiwan).

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