Insurers halt sales of COVID-19 quarantine policies

As of yesterday, all local property insurance companies had halted sales of COVID-19 insurance policies that compensate people if they are quarantined, because of the rising number of infections, the Financial Supervisory Commission (FSC) said yesterday.
The Central Epidemic Command Center (CECC) reported 1,626 local and 101 imported COVID-19 cases yesterday, the fifth consecutive day that the number of local transmissions has surpassed 1,000.
The commission said that 10 insurers have stopped selling such COVID-19 policies, including Chung Kuo Insurance Co (兆豐產險), MSIG Mingtai Insurance Co (明台產險), CTBC Insurance Co (中國信託產險) and Tokio Marine Newa Insurance Corp (新安東京海上產險).
Most COVID-19 insurance policies are

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