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Taiwan s pandemic payout panic - Taipei Times

A post titled “I want to get COVID-19 to pay off my debts” caused a stir on popular Internet forum Dcard last month, as the anonymous user asked for the blood or saliva of the infected so she could claim her pandemic insurance payout of NT$75,000. She had paid just NT$809 for the policy. Although the user later clarified that the post was made in jest to criticize the government’s handling of the ongoing insurance crisis, it’s entirely plausible that some would get infected on purpose to receive their payout especially given that over 99 percent of the reported Omicron

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Rights of COVID-19 insurance policy holders protected: FSC

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.

T ai peiKay liuHsieh fang yuBeck liuFinancial supervisory commissionFinancial ombudsman institutionTaiwan fire marine insurance coCentral epidemic command centerInsurance bureauHuang tien muInsurance actMarine insuranceTaiwan fire

Insurance firms sales soar from pandemic fears

Sales of COVID-19 insurance policies in Taiwan rose to 2,500 per day on average in the first 17 days this month, 126 percent higher than in the same period last year, amid a rising number of local COVID-19 cases, Financial Supervisory Commission data showed last week. From Jan. 1 to Monday last week, insurance companies sold 42,376 policies that cover losses incurred by COVID-19 infections, quarantine, home isolation or adverse reactions related to vaccinations, with combined premiums of NT$34.6 million (US$1.25 million), commission data showed. Eighty policyholders received compensation during the period, with a total payout of NT$7.15 million, the data showed. COVID-19

Chang yu huiHotai insurance coFinancial supervisory commissionTaiwan fire marine insurance coInsurance bureau deputyKao shih chingThe taipei times

Insurer at risk of loss from COVID-19 policy

Insurer at risk of loss from COVID-19 policy
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

Chang yu huiFinancial supervisory commissionTaiwan fire marine insurance coInsurance bureau deputyKao shih chingசாங் யூ ஹுய்நிதி மேற்பார்வை தரகுடைவாந் தீ கடல் காப்பீடு இணைகாப்பீடு பணியகம் துணைகாவ் ஷிஹ் சிங்

COVID-19 insurance sales soaring during level 3 alert

COVID-19 insurance sales soaring during level 3 alert
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

T ai peiHualian xianFinancial supervisory commissionTaiwan fire marine insurance coTaipei timesKao shih chingTaiwan fireZhongzheng districtடி ஐ பேய்நிதி மேற்பார்வை தரகுடைவாந் தீ கடல் காப்பீடு இணைதைப்பே முறைகாவ் ஷிஹ் சிங்டைவாந் தீ