Regulations Governing Postal Simple Life Insurance Operations Article 5

The design procedure for an insurance product shall include the following:1. Research and development.2. Formal development: including drafting its clauses, risk control manuals, and its premium rates prospectus.3. Preparing the submission for review.The design procedure as mentioned in the preceding paragraph shall be submitted to the MOTC for approval before being passed on to the FSC for reference; the same shall apply to any amendments.
中文原文 郵政簡易人壽保險監督管理辦法第5條
保險商品設計程序,應包括下列流程:
一、保險商品研發。
二、保險商品正式開發:包含條款、風險控管說明書及計算說明書之研擬。
三、送審準備。
前項保險商品設計程序應報請交通部核轉金管會備查,修正時亦同。

English translation for reference only; the Chinese text prevails. Not legal advice.