The rights of Taiwanese who hold infectious disease insurance policies are fully protected, and there is no need to rush to file claims, as there is a two-year period to register an application, the Financial Supervisory Commission (FSC) said on Saturday.
Legitimate claims for COVID-19 infections must be paid in accordance with the terms of the policies held, FSC Chairman Thomas Huang (黃天牧) said.
“We will make sure policyholders are protected,” Huang said at the Central Epidemic Command Center’s (CECC) daily news briefing, in response to concerns regarding the effects of a COVID-19 spike on insurers.
He said the government-backed Financial Ombudsman Institution
Taipei, May 7 (CNA) People in Taiwan who hold infectious disease insurance policies do not need to rush to file claims amid the spike in COVID-19 cases, as their rights are fully protected, the Financial Supervisory Commission said Saturday.