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Protection for Taiwan’s fast-aging population

Hands-long

Like most developed countries around the world, Taiwan’s population growth has slowed precipitously and its average age is rising fast. 

Cost-conscious buyers have been and continue to be more likely to purchase lower-cost, higher-earning savings products from life insurers as an alternative investment vehicle to build their assets. As a result, while insurance penetration is high, most families do not have sufficient insurance protection. This article examines opportunities and innovations.

 
Reprinted with permission of The Asia Insurance Review (AIR)
www.asiainsurancereview.com.
 
Download "Protection for Taiwan's Fast-ageing Population"
  • aging Asia
  • asset intensive
  • capital-motivated
  • Critical Illness
  • dementia
  • demographic trends
  • diabetes
  • impaired lives
  • insurance product
  • insurance product design
  • longevity
  • Long-Term Care
  • LTC
  • mortality experience
  • mortality trends
  • pension risk transfer
  • PRT
  • senior lives
  • senior market
  • Shih Nin Low