The monthly insured amount for this Insurance is fixed at NT$20,400. The premium rate is fixed at 2.55%.
Adjustments to the monthly insured amount and premiums shall be determined by the central competent authorities, taking into account the revenues and expenditures of this Insurance, the basic monthly remuneration of workers, the cumulative rate of increase of the consumer price index as announced by the central authorities for accounting and statistics, and the government’s financial situation, and shall be submitted to the Executive Yuan for approval.

The insurant shall burden 30% of the premium of this Insurance, and the government shall subsidize for the left 70%.
As for the insurance premium subsidized by the government, in a municipality, the central competent authority shall burden 40% and the municipal government 30%; in a county (city), the competent authority shall burden 60%, and the county (city) government 10%.

The insured shall pay the insurance premium in advance. The premium shall be paid to the insured unit before the end of May and November every year, and the insured unit shall hand it over to the financial institution designated by the insurer.
All insurance premiums paid to the insurer shall not be refundable except for the consequence of cases which are neither attributable to the insured unit, nor to the insured person.

Where an insured unit doesn't pay the insurance premium within the time limit specified in the above paragraph, the payment may be postponed for 30 days. In case the establishment still doesn't day after the aforementioned thirty-day postponement expires, a late fee shall be additionally levied at a rate of 0.2% of the payable premium for each day within the period commencing from the next day after expiration and terminating at the day before completion of payment. However, the total amount of the late fee additionally levied may not exceed one time the payable premium.
Where the insurance premium is still not paid after the above-mentioned late fee has been levied for 30 days, the insurer shall raise a lawsuit on the payable insurance premium and late fee against the insured unit to claim the payment. The insurer shall, after the lawsuit is raised and before the insurance premium and late fee is paid off, refuse to offer any payment, unless the proportion of insurance premium burdened by the insured person has been paid to the insured unit.

Where an insured person doesn't pay the insurance premium according to the provision of Paragraph 1 of Article 13, the payment may be postponed for 30 days. In case the insured person still doesn't pay the premium within the postponed time limit, the insured unit may levy a late fee on the insured person according to the provision of Paragraph 1 of Article 14, and transfer it to the insurer. Where the payment has not been paid within 30 days after the late fee has been levied,when the insured person applies to collect a payment from this Insurance, until the premiums and late fee have been fully paid off, the insurer shall temporarily refuse to make any payment.
The insurer shall, in accordance with law, replevy the insurance payment already received by the insured person for the period in which the insurance premium is not paid.
When the insured person applies to collect a payment from this insurance, if that person still owes insurance premiums or late fees stipulated under Chapter 5-1, until the premiums and late fee have been fully paid off, the insurer shall temporarily refuse to make any payment.

Insurance premium that competent authorities at all levels should bear in compliance with Article 12 shall be given the same payment period as the insurance premium that the insured person should bear.
In case the authorities at all levels don't pay the insurance premium according to the provision mentioned in previous Paragraph, the grace period may be postponed for 30 days. If the authorities at all levels still don't pay the premium within the grace period, the insured unit may levy a extra interest daily before the payment is made, counted with the post office’s interest rate for one-year term deposit.
If the authorities at all levels don’t pay the insurance premium according to the provision mentioned in Paragraph 1, the insurer can report to the central competent authority which shall then transfer this case to the Executive Yuan to have the amount deducted from the subsidies to the authorities. The insurer can also file for compulsory enforcement according to laws.