Taiwan Clears 10 Life Insurers to Sell Wealth Management Policies Nationwide; Pilot Premiums NT$9.54bn

540 policies in force and NT$9.54 billion in premiums: that is the record of the wealth management policy pilot in the Kaohsiung zone. Taiwan's Financial Supervisory Commission (FSC) amended the relevant rules on 8 October 2026. According to the Central News Agency (CNA), the 10 life insurers already approved to conduct wealth management business may, with immediate effect, sell these policies outside the Kaohsiung zone.

From the Kaohsiung zone to the whole of Taiwan

Insurers have piloted these policies in the Kaohsiung zone. Their distinguishing feature is that they are exempt from the minimum ratio of death benefit to policy reserve. The FSC said the pilot had achieved its intended benefits, hence the amendment.

The amended provision states that insurance products aimed at the wealth management customers of life insurers may be exempt from that minimum ratio. According to the report, the new rule took effect once it was published on 8 October.

As of the end of August 2026, six life insurers were handling such policies in the Kaohsiung zone, with 540 policies in force and total premium income of NT$9.54 billion. The report does not list the 10 insurers allowed to sell them, nor does it name the six pilot insurers.

The report also notes that the FSC is promoting its Asian asset management centre policy, helping the insurance industry develop wealth management business.

Why the 2019 rule set a minimum ratio

The FSC set the minimum ratio rule on 24 December 2019, and it took effect on 1 July 2020. Its aim is to have insurers bear a certain level of mortality risk and to reduce the savings element of policies. Under this amendment, insurance products aimed at wealth management customers may be exempt from the rule.

Regulatory reminder: protection and wealth management are different things

Tsai Huo-yen, deputy director-general of the FSC's Insurance Bureau, reminded the public that these policies differ from traditional life insurance, which focuses on protection, and are designed for customers' wealth management purposes. He said customers should carefully understand the product's features and risks and confirm that it suits their own needs.

Analysis: what it means for recruiting teams

The following is editorial analysis. For agents serving wealth management customers, the area in which these policies can be sold has widened. But the design logic of these policies differs from traditional life insurance, so explanations to customers should not borrow the language used for protection products.

Note that the existing report describes no new suitability assessment procedure or sales requirement for agents, and the eligibility threshold for wealth management customers does not appear in the verified material. Until the FSC's official press release or the amended text is obtained, teams should not assume any sales conditions.

• In training, cover product features and risks first, in line with the regulator's reminder that customers should understand them carefully.
• Confirm whether a client is a wealth management customer before introducing the product.
• Update training materials only after checking the list of insurers permitted to sell and the conditions against official documents.

The area in which the product can be sold has widened, but explaining its features and risks to clients remains a basic requirement.

Compiled by the F50 Editorial Team from public sources, for general reference only and not professional advice. Details are correct as of the publication date and may change.