Act for the Development of Tourism Article 57

Travel agencies that fail to purchase contract performance or liability insurance in accordance with Article 31 shall be fined NT$30,000 to 500,000. The central administrative authority may immediately suspend their overseas and domestic travel services and require that the insurance be purchased within three months. Failure to do so may result in license revocation.The central administrative authority may revoke travel agency licenses for the aforementioned violations.Operators of tourist hotels, hotels, travel agencies, tourist amusement enterprises, or homestay facilities who fail to purchase liability insurance in accordance with Article 31 may be fined NT$30,000 to NT$500,000. They shall be ordered to obtain the required insurance within a designated period, and failure to comply may result in license or registration revocation.
中文原文 發展觀光條例第57條
旅行業未依第三十一條規定辦理履約保證保險或責任保險,處新臺幣三萬元以上五十萬元以下罰鍰,中央主管機關得立即停止其辦理旅客之出國及國內旅遊業務,並限於三個月內辦妥投保,逾期未辦妥者,得廢止其旅行業執照。
違反前項停止辦理旅客之出國及國內旅遊業務之處分者,中央主管機關得廢止其旅行業執照。
觀光旅館業、旅館業、觀光遊樂業及民宿經營者,未依第三十一條規定辦理責任保險者,處新臺幣三萬元以上五十萬元以下罰鍰,主管機關並應令限期辦妥投保,屆期未辦妥者,得廢止其營業執照或登記證。

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