Regulations Governing the Review and Management of Insurance Industry Engaging in Insurance Trust Business Article 11

An insurance trust agreement shall be made in writing and contain the following particulars:1. Name, title and address of the trustor, trustee and beneficiary;2. Purpose of the trust;3. Type, name, amount and value of properties under the trust;4. Term of the trust;5. The methods of trust management and utilization of trust assets;6. Time of and methods for calculating and disbursement of insurance trust gains;7. Means of liquidating and delivering the trust assets upon termination of the trust agreement;8. Responsibilities of the trustee;9. Standards, types, calculation method, payment period and method for the remuneration of the trustee;10. Expenses and method of payment thereof;11. Amendment, cancellation and termination of the insurance trust agreement;12. Actions to be taken by the trustee for the trust agreement after the trustee’s permit to engage in insurance trust business has been revoked by the competent authority;13. Execution date; and14. Other matters as required by law or the competent authority.The qualifications for trustor and beneficiary referred to in subparagraph 1 of the preceding paragraph as well as the types of trust assets referred to in subparagraph 3 of the preceding paragraph shall comply with the provisions set forth in paragraph 2, Article 138-2 of the Act.
中文原文 保險業經營保險金信託業務審核及管理辦法第11條
保險金信託契約之訂定,應以書面為之,並應記載下列各款事項:
一、委託人、受託人及受益人之姓名、名稱及住所。
二、信託目的。
三、信託財產之種類、名稱、數量及價額。
四、保險金信託存續期間。
五、信託財產管理及運用方法。
六、保險金信託收益計算、分配之時期及方法。
七、信託關係消滅時,信託財產之歸屬及交付方式。
八、受託人之責任。
九、受託人之報酬標準、種類、計算方法、支付時期及方法。
十、各項費用之負擔及其支付方法。
十一、保險金信託契約之變更、解除及終止之事由。
十二、受託人經主管機關廢止經營保險金信託業務之許可後,受託人就本信託契約之後續處理方式。
十三、簽訂契約之日期。
十四、其他法律或主管機關規定之事項。
前項第一款有關受託人、受益人之資格及第三款有關信託財產之種類,應符合本法第一百三十八條之二第二項之規定。

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