Regulations Governing Pre-sale Procedures for Insurance Products Article 4

Procedures for design of insurance products shall include the following steps:1. Product research and development.2. Formal product development: including formulation of policy provisions, risk management manual and the pricing actuarial memorandum.3. Preparation for submission for review.The procedures for design of insurance products under the preceding paragraph, and any amendments thereto, shall be reported to the competent authority for recordation.
中文原文 保險商品銷售前程序作業準則第4條
保險商品設計程序,應包括下列流程:
一、商品研發。
二、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主管機關備查,修改時亦同。

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