Simple Life Insurance Act Article 37
If Chunghwa Post is found to be remiss in any of the following circumstances, a fine of not less than NT$300,000 but not more than NT$1,500,000 shall be levied. In addition, the underwriters or actuaries involved may be replaced.1. Violation of Paragraph 1 of Article 5, Article 7, Article 7-1, Paragraph 2 of Article 8, Article 9, Paragraph 1 of Article 13, the proviso stated in Paragraph 1 of Article 17, and Articles 26 and 28 hereof.2. Violation of rules regarding deposit of the various reserves or its calculation as stipulated under the Regulations Governing Enrollment in Postal Simple Life Insurance Policies, which are formulated in accordance with Article 42 hereof.3. Violation of Article 31 hereof concerning rules of compulsory enforcement or prohibition.