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Chapter Law Content

Title: Regulations Governing Insurance Brokers CH
Category: Financial Supervisory Commission(金融監督管理委員會)
Chapter 4 Education and Training
Article 30
Training is divided into pre-job training and on-the-job training.
Article 31
Independent brokers or brokers employed by a broker company or a bank shall have attended at least 32 hours of pre-job training and passed tests within the past 1 year before submission of the application.
Pre-job training may be conducted by the Taiwan Insurance Institute or a university or college extension education institution. The guidelines and content for such training shall be submitted to the competent authority for approval.
This article shall take effect on June 24, 2015.
Article 32
Independent brokers or brokers employed by a broker company or a bank shall attend not less than on average 16 hours of on-the-job training every year during the valid period of their practice license, including not less than eight hours of courses on laws in the latest 2 years before renewing a practice license.
On-the-job training may be conducted by the Taiwan Insurance Institute, the agents association, the brokerage association or brokers association, a university or college extension education institution, or another institution approved by the competent authority. The guidelines and content for such training shall be submitted to the competent authority for approval.
This article shall take effect on June 24, 2015. Brokers who apply for renewal of practice license between the first year and the fourth year after this article takes effect shall attend respectively not less than 16 hours, 32 hours, 48 hours and 64 hours of on-the-job training during the valid period of practice license.