Taiwan FSC Says Insurance Agents’ Labor Contracts Should Not Be Governed by Insurance Act

Article 177 of Taiwan’s Insurance Act authorizes the Financial Supervisory Commission (FSC) to regulate insurance agents’ qualifications and solicitation practices. However, the contracts between the country’s roughly 370,000 insurance agents and their companies may take the form of employment, mandate, contracting or brokerage agreements. Judicial Yuan Interpretation No. 740 requires employment status to be determined case by case based on the degree of subordination, but disputes remain common, affecting wages, rewards and disciplinary measures, appeals and the three fundamental labor rights.

On April 22, 2026, the legislature’s Finance Committee held a public hearing on amendments to the law. FSC Vice Chairperson Chen Yen-liang said service relationships should be handled under the Civil Code, while those deemed employment contracts should be governed first by the Labor Standards Act. He said duplicating such rules in the Insurance Act would be inappropriate. The current training system will remain in place, with the non-life and life insurance associations adding a mechanism that allows professional institutions or organizations to conduct training on their behalf.